IMF Highlights Progress in Egypt’s Reform Program
(2 Minutes Read)
Approved in 2022 and expanded to USD 8 billion earlier this year, the program seeks to address Egypt’s economic crisis, marked by...
Nigeria: Bank of Industry Secures €2 Billion to Fund Key Development Initiatives
(3 Minutes Read)
The Managing Director of the Bank of Industry (BoI), Olasupo Olusi, announced that the Bank has raised a new funding package worth...
USD 400m Eurobond Issuance Celebrated by Ecobank at LSE Market Opening
(3 Minutes Read)
Ecobank Transnational Incorporated (ETI), parent of the leading pan-African Ecobank Group opened the market at the London Stock Exchange (LSE) to celebrate...
Digital Divide: 800 mn Africans Excluded from Global Economy, UNECA Chief Says
(3 Minutes Read)
Although mobile broadband reaches 82% of the population, barriers like affordability and digital illiteracy prevent many from reaping its benefits said Claver...
Kenya Cancels Multimillion Business Deals with Adani
(3 Minutes Read)
Kenya’s Energy Minister Opiyo Wandayi told a parliamentary committee there had been no bribery or corruption involved on Kenya's part in signing...
SADC Commits to Bring Peace to Mozambique Rocked by Post-Election Protests
(3 Minutes Read)
Venancio Mondlane, the independent candidate who came in second with 20% of the vote, challenged the result in court and called for...
Tanzanian Presidents Urges Transfer of SDRs at IMF to African Financial Institutions
(3 Minutes read)
Tanzanian President Samia Suluhu Hassan made a direct appeal to the G20 for the transfer of special drawing rights (SDRs) at the...
Tanzania Revokes Over 1500 Mining Licenses
(2 Minutes Read)
The Ministry of Minerals announced that the revoked areas will now be redistributed to small-scale miners, known locally as MBEREMA.
To empower small-scale...
Tanzania to Pursue Inclusivity Programs for Youth
(3 Minutes read)
This initiative seeks to tackle the challenges faced by its members—predominantly businesspeople—and to bolster their involvement in shaping national economic policies.
The Tanzania...
Access Bank Expands Footprint with Acquisition of Afrasia Bank in Mauritius
(3 Minutes Read)
Access Holding Plc announces that its banking group’s, subsidiary, The Access Bank UK Limited has entered into a binding agreement to...
