The Central Bank of Nigeria (CBN) has issued new guidelines on Ways and Means which limit Ways and Means Advances to the federal government to 5%...
The International Monetary Fund (IMF) said on Tuesday that it had had productive discussions with Kenya’s government on its economic and fiscal goals after widespread protests...
Commercial International Bank (CIB), Egypt’s largest private bank, announced on Monday that long-time chairman and previous CEO Hisham Ezz al-Arab will become CEO. Neveen Sabbour, a...
Nigeria’s August inflation rate declined for a second month to 32.15% from 33.40% in July, the statistics office reported on Monday. This comes after the month...
Uganda Airlines has begun offering direct service to Entebbe, located in central Uganda, from Abuja, Nigeria’s capital. According to the airline, the new route should...
Malawi’s industry regulator reported on Saturday that tobacco sales, its main export, rose 40% in 2024 despite an El Nino-induced drought. The Malawi Tobacco Commission (TC)...
All point-of-sale operators are required by the Central Bank of Nigeria to route transactions through authorised payment terminal service aggregators. The steps were taken to improve...
Kenya’s efforts to revitalise the Kisumu port’s multimodal transport system to serve East and Central Africa are paying off, as Uganda has committed to using the...
A recent survey by Reuters has suggested that the Zambian, Kenyan, Ugandan, and Ghanaian currencies might all be edging towards stability in the coming weeks, while...
Citing an increase in domestic output, Kenya on Tuesday banned sugar imports from outside the East African Community (EAC) and the Common Market for Eastern and...
The Nigerian Senate has raised the alarm over the influx of terrorists from Mali and Burkina Faso who operate in...
Dar es Salaam, Tanzania, has been selected to host the sixth edition of the Ocean Innovation Africa (OIA) summit from...
Reigning Miss South Africa 2024, Mia le Roux, has opened up on the reasons behind her withdrawal from the Miss...
South African football legend, Lucas “Masterpieces” Moripe, has passed away at the age of 71 after a long battle with...
A fugitive Zambian Member of Parliament (MP), Emmanuel Banda, who escaped from custody at the Chipata Prison in Eastern Province...
After Italy’s top court denied her appeal, well-known Malian singer, Rokia Traore, who was detained in Rome in June due...
According to his wife on Wednesday, a well-known opposition leader from Uganda, Kizza Besigye was abducted during a book...
The head of debt management for the finance ministry told Reuters that Kenya had obtained a $200 million loan from...
Nigerian President, Bola Tinubu, endorsed the call for a global alliance against hunger in his address at the opening of...
The budget season is here again. It is an institutional and desirable annual ritual. Revenue collection and spending at the...