This financial aid comes amidst a surge of foreign financing aimed at bolstering the North African nation’s economy

South Africa sees vast potential in its game meat industry, aiming to expand production and exports while promoting sustainability and job creation.

Uganda is building a second international airport near Kidepo National Park to improve tourist access and bypass the current sole airport in Entebbe.

Niger’s military junta revokes French firm Orano’s license at the Imouraren uranium mine, one of the world’s biggest.

The IMF approved $935.6 million for Tanzania to address climate change and support economic recovery through reforms.

Nigeria is adding 17 deep offshore blocks and extending the deadline for its 2024 oil block licensing round due to high investor demand.

Nigeria, boasting Africa’s largest natural gas reserves, often flares gas due to infrastructure limitations and capital constraints

Botswana’s central bank warns the country’s economic growth may fall short of the government’s 4.2% target due to sluggish global diamond markets.

Despite a positive economic upturn in Q1, Ghana restarts negotiations with bondholders to address its $13 billion debt.

Total retail sales reached $703.1 billion in May, marking a slight 0.1 percent increase from April’s revised 0.2 percent decline

Uncertainty surrounds the privileged creditor status of African development banks in the wake of debt challenges in Zambia, Ghana and Malawi.

The surge in prices has been driven by President Bola Tinubu’s economic reforms

At the G7 summit, Kenyan president William Ruto stressed the need for financial system reforms to support developing countries with debt relief and emphasized Africa’s demand for a permanent UN Security Council seat.

The World Bank approved a $2.25 billion loan to help Nigeria address its cost-of-living crisis and support economic reforms implemented by President Tinubu.

An NNPC spokesperson did not immediately comment on the development

After securing a deal with official creditors, Ghana reopens talks with bondholders on a sustainable debt solution.

Kenya’s finance minister presented the largest budget in the country’s history, including contentious tax proposals that critics say will burden an already struggling population.

The government prioritizes concessional loans for infrastructure projects, aiming to control debt and maintain economic growth.

Zambia establishes a new entity for mineral investment and trading to increase national benefits from its resources, moving from a dividend model to production sharing.

Apple’s new AI platform, Apple Intelligence, sparked a stock surge, briefly surpassing Microsoft.

Bitcoin’s price surges after lower-than-expected inflation data in the US rekindles hopes of a Federal Reserve rate cut.

Tinubu, in office for a year, tackled long-standing issues such as the petrol subsidy and currency devaluation, resulting in high inflation

The European Investment Bank announces a €450 million aid package for crisis-hit Tunisia.

NGOs condemn the exploitative working conditions for cobalt and copper miners in DR Congo, vital for green energy, urging better wages and safer environments.