The Ministry of Finance in Uganda has confirmed that the country’s parliament has approved a plan to raise spending by 10% to 52.73 trillion shillings in...
South Africa’s utility company, Eskom has warned that it is likely to extend power cuts to an unprecedented level this winter. An executive of the company,...
In its latest move to address its current financial crisis, Ghana has raised electricity tariffs by 18.36% for the second quarter of the year. The Public...
Zambia’s Monetary Policy Committee has increased the country’s monetary policy rate by 25 basis points to 9.50 per cent. The central bank says the move is...
Following the decision of the Congo DR government to stop humanitarian project funding without prior notice, the World Bank has also suspended its operations related to...
Nigeria’s headline inflation grew by 0.18% points, rising to 22.22% in April from 22.04% in the previous month. The country’s official data agency, the Nigerian Bureau...
Ghana’s Finance Ministry expects the International Monetary Fund (IMF) to approve the disbursement of the first tranche of $600 million loan this week. The Minister of...
East African country, Tanzania has revealed that its liquefied natural gas (LNG) project costs $42 billion, exceeding initial estimates. The project was formerly located offshore and...
East African country, Uganda has agreed to a four-year production-sharing deal with Australian firm, DGR Global for the exploration of oil in its west. Uganda’s Energy...
International lender, Paris Club has announced that official sector creditors of Ghana have formed a committee co-chaired by China and France for debt restructuring talks. Ghana...
South African disc jockey, DJ Black Coffee, has been named the World’s Best DJ 2024 at the Golden Moon Awards....
The draw for the 2024 Women’s Africa Cup of Nations (Wafcon) holding in Morocco from July 5 to 26 next...
The Zambian government has announced the successful repatriation of a one-year-eight-month-old child who was trafficked to Mozambique. Making the announcement...
Some Nigerians based in Finland have been thrown into panic mode following the arrest and detention of the self-styled Prime...
In an effort to maintain a tight eye on the economy, Mauritius’ Prime Minister, Navin Ramgoolam, who took office this...
Following the completion of a recent visit to Egypt, the International Monetary Fund (IMF) has announced that its mission had...
A day after dismissing Choguel Maiga for criticising the government, Mali’s governing junta named its spokesperson, Abdoulaye Maiga, as Prime...
Brazilian meatpacker JBS says it has inked a memorandum of understanding with the Nigerian government for a $2.5 billion investment...
Morocco’s official media reports that Chinese President, Xi Jinping, visited Morocco briefly on Thursday. According to Morocco’s MAP, Crown Prince...
A survey conducted by the National Bureau of Statistics (NBS) has revealed that around 65% of Nigerian households, which is...