Nigeria is engulfed in widespread unrest as citizens protest against soaring living costs and government failures, resulting in multiple deaths.
Nigerian protesters killed amid nationwide unrest Read More »
Cameroon successfully concludes a $550 million bond sale to reduce domestic debt and boost economic activity.
Cameroon secures $550 million to clear debt Read More »
Nigeria’s government approved the sale of crude oil to the Dangote refinery in naira to alleviate foreign exchange pressures.
Nigeria seeks FX relief with naira oil transactions Read More »
Ethiopia has relaxed foreign exchange controls in hopes of securing a multi-billion dollar bailout as it grapples with economic challenges.
Ethiopia seeks IMF bailout with market-based exchange rate Read More »
A Chinese state-owned oil company has halted construction at an oilfield in Niger due to increasing terrorist attacks in the region.
Terrorist attacks force Chinese oil firm to halt Niger work Read More »
Morocco’s six-year drought has devastated wheat production, impacting farmers, economy, and food security.
Drought cripples Morocco’s agriculture, threatens food supply Read More »
In a bid to boost local participation in the mining industry, Botswana is enforcing a new law requiring mining companies to offer 24% stake to locals.
Botswana enacts new law for 24% local stake in mines Read More »
Faced with rising inflation and a struggling naira, Nigeria’s central bank has hiked its interest rate for the fourth time this year.
Nigeria’s Central Bank hikes rate again to curb inflation Read More »
Egypt has made a significant stride in addressing its debt crisis, with a staggering $14 billion reduction in external debt over the past five months.
Egypt cuts $14 billion from external debt in five months Read More »
To address South Africa’s ailing rail and ports, the African Development Bank approves a $1 billion loan for Transnet.
AfDB approves $1B loan to revamp South Africa’s rail and ports Read More »
