Economy

Ethiopia to open up banking sector for foreign financial institutions The National Bank of Ethiopia (NBE) said it has finalized...

Nigeria secures $3 billion towards implementation of its net-zero by 2060 ambition The Federal Government of Nigeria has demonstrated its...

Kenyan shilling drops to a new historic low of 120 against the US Dollar Kenyan shilling dropped a new historic...

China pledges to forgive 23 matured interest-free loans for 17 African countries The Chinese government plans to forgive 23 matured...

OPEC+ may cut oil production to ease growing dysfunction in global energy markets OPEC+ could cut oil output as increased...

Angolans vote to pick president, MPs Wednesday Angolans are preparing to go to polls Wednesday, 24 August. Tuesday is being...

Investing more for cotton made in Africa At a partners conference on cotton jointly organized with the World Trade Organization...

African Space and Satellite Industry now valued at USD 19.49 Billion The African space economy keeps growing at a rate...

Bank of Ghana's MPC members vote to hike interest rate to highest level of 22% During an emergency Monetary Policy...

Rich Kenyans saved Sh2.1bn in dollars daily before polls Well-off individuals and companies banked a record Sh63 billion more in dollar...