German Chancellor, Olaf Scholz has arrived in the Kenyan capital, Nairobi for the second leg of his African tour. The Chancellor is hoping to strengthen ties...
A senior official at Ethiopia’s central bank, Solomon Desta has revealed that the country plans to issue up to five banking licences to foreign investors in...
Six persons have been shortlisted following a move to seek applications from the public for the post of Kenya’s central bank governor. Among the shortlisted candidates...
Tunisia’s General Labour Union (UGTT) has raised concerns over proposed financial bailout by the International Monetary Fund (IMF) for the country. UGTT president, Noureddine Taboubi, in...
A report by Uganda’s Parliamentary Committee on Finance, Planning and Economic Development has revealed that the country lost Ush600 billion ($160.77 million) in uncollected tax from...
The state of public debt in Kenya has forced commercial banks in the country to make a decision to reduce lending to the Treasury by 40...
Tanzania’s Finance Minister, Mwigulu Nchemba, has projected that the country’s economy will grow faster this year compared to 2022. Nchemba made the forecast in a letter...
The International Monetary Fund (IMF) has approved an Extended Credit Facility (ECF) arrangement of about US$191.4 million for the Central African Republic (CAR). The IMF says...
The Nigerian government said it has agreed to “not to remove” fuel subsidy as planned for June 2023. Nigeria’s Minister of Finance, Budget, and National Planning,...
Oil firm, Exxon Mobil Corp has resumed operations at its facilities in Nigeria following industrial action by its personnel over pay and work conditions. The strike...