According to central bank figures released on Thursday, South Africa saw inflows of foreign direct investment of 16.6 billion rand ($965.87 million) in the second quarter...
According to a presidential spokesperson, Stanley Nkwocha, on Thursday, who cited business executives, Exxon Mobil Corp has proposed a $10 billion investment in offshore oil operations...
The Central Bank of Nigeria’s Monetary Policy Committee has raised the benchmark interest rate to 27.25%. Monetary policy is an economy’s basic interest rate. All other...
The Nigerian government has begun preparing the 2025 appropriation bill, warning ministries, departments, and organisations to submit only line items within their mandates. The Budget Office...
The Democratic Republic of the Congo’s South Kivu provincial governor has authorised the restoration of all mining operations in the area, but he also stated that...
Sierra Leone has requested a new 38-month Extended Credit Facility (ECF) agreement worth approximately $253 million, according to a statement from the International Monetary Fund (IMF)...
Five months after its launch, Zimbabwe’s new currency is under strain as grain imports deplete foreign reserves, threatening the government’s ambition to make it the only...
Prime Minister Mostafa Madbouly stated on Thursday that Egypt hoped to resume regular production at its natural gas reserves by the summer of next year, indicating...
Giyani Metals, Botswana’s first manufacturer of manganese suitable for batteries, revealed that the country had granted it a 15-year mining permit. The demand for manganese, a...
Ghana has recorded its strongest rate of economic growth in five years in the second quarter of 2024, with the country’s statistics agency reporting on Thursday...