Banker Henri-Claude Oyima takes Gabon’s finance ministry
Gabon’s new finance minister, Henri-Claude Oyima, is set to address the country’s liquidity crisis and economic revival.
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Economy
Dbeibah and bin Zayed discuss economic and energy cooperation
Libya’s Dbeibah and UAE’s bin Zayed meet to enhance economic and political ties and discuss key regional and international issues in Abu Dhabi.
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Ethiopia restructures $8.4 billion in debt to stabilize economy
Ethiopia secured a deal to restructure $8.4 billion in debt, aiming to stabilize its economy after years of financial strain and high inflation.
Ethiopia restructures $8.4 billion in debt to stabilize economy Read More »
Egypt will cut fuel subsidies by December
Egypt will cut fuel subsidies to cost recovery level by December 2025 as part of its economic reform program, with the IMF approving $1.2 billion in financial support.
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Kenyan leaders formalize alliance after months of turmoil
Kenyan president Ruto and opposition leader Odinga unite to address political and economic challenges.
Kenyan leaders formalize alliance after months of turmoil Read More »
Turkey and Zambia aim to boost agricultural ties
Türkiye and Zambia have held discussions to strengthen bilateral agricultural cooperation, focusing on mechanization and technology transfer to modernize Zambia’s agricultural sector.
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Seplat Energy to invest $320 million as Exxon assets fuel growth
Seplat Energy plans to invest up to $320 million in new wells and infrastructure to boost oil output to 140,000 bpd following its acquisition of Exxon’s Nigerian assets.
Seplat Energy to invest $320 million as Exxon assets fuel growth Read More »
Cocoa mid-crop at risk in Ivory Coast due to lack of rainfall
Ivory Coast farmers highlight the need for regular rainfall to support cocoa mid-crop this month.
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IMF aid to Guinea depends on tax debt recovery says government
International Monetary Fund (IMF) has informed Guinea that a new financial support program is contingent upon the country recovering outstanding tax debts.
IMF aid to Guinea depends on tax debt recovery says government Read More »
Eskom announces days of power cuts in South Africa
South Africa is experiencing widespread power cuts after multiple breakdowns at Eskom’s coal-fired power plants.
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