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Africa
Uganda Shilling Increases as Oil Prices Decline.
The rise in the import bill brought on by a significant increase in oil imports and the high cost of debt…
Tanzania and China Will Deepen their Partnership.
Chinese President Xi Jinping welcomed Tanzanian President Samia Suluhu Hassan to Beijing as part of his…
Central Bank of Kenya Requests Banks to take Additional Loan Pricing Criteria into…
In order to extend loans at an acceptable price, the Central Bank of Kenya (CBK) has urged lenders to take into…
To Accelerate the Growth of SMEs, Bank of Ghana Collaborates with Two Parties.
The Bank of Ghana (BoG) has teamed up with two organizations to provide the nation's micro, small, and…
Cocoa Growers in Ivory Coast worry that an Unpredictable Environment may Reduce…
The leading producer of cocoa in the world has been impact by the shift in rain patterns. Nearly half of the raw…
Ghana’s Economy to Expand Below Average – Standard Bank
Ghana's GDP growth prediction for the end of 2022 has been cut from an earlier 3.1% to 2. 6% by the Standard Bank…
Kenyan Firms Among the COP27 Contest Winners.
Twenty African businesses, including three startups from Kenya, will split the $2 million (Sh244 million) grant…
Uganda Hopes to Enhance its Trading Relations with China.
In an effort to find further avenues for pursuing economic and commercial cooperation on a "win-win basis,"…
In October, Inflation Reached 40.4% In Ghana.
Ghana's year-over-year inflation increased to 40.4% in October from 37.2% in September, according to the Ghana…
Kenya and South Africa End their Trade Dispute
President William Ruto and his South African counterpart Cyril Ramaphosa announced that the two nations would deal…
Climate Change: UK Commits £200million to Nigeria and Others.
The African Development Bank's Climate Action Window will get £200 million in support from the UK, according to…
Ghanaian Demonstrators Call for the President to Resign Due to the Economic…
One of the worst-performing currencies in a region that is feeling the effects of a global economic downturn is…
Kenya Airways will Pay the Outstanding Employee Salary of Sh6.5billion in June…
In an effort to quell the growing employee dissatisfaction at the airline, national carrier Kenya Airways (KQ)…
After Receiving a Loan for Cocoa, Cedi becomes more Stable.
In the week that concluded on October 28, the cedi returned to some degree of stability on the retail market. It…
Ghana Guarantees that No Investment will Lose Money As A Result of Continuing…
As it works to complete a $3 billion loan agreement with the International Monetary Fund, the Ghanaian government…
Sickness and Fatalities in the Monkeypox Epidemic Go Unreported.
Global health organizations have recorded significantly fewer cases in Africa during the current outbreak than in…
Ghana’s Downstream Oil Sector Will Change Due to the Dangote Refinery.
According to Dr. Mustapha Abdul-Hamid, Chief Executive Officer of Ghana's National Petroleum Authority (NPA), the…
The United States Enables Non-emergency Personnel to Leave Nigeria.
Due to an increased risk of terrorist attacks in Nigeria, the U.S. State Department approved the departure of…
US and UK Issue Warning About Potential Attack in Nigerian Capital.
The United States and Britain issued a warning over a potential terrorist assault in Abuja, the federal capital of…
Ghana’s Cedi Ranks Last in the World Against the Dollar.
As speculators continued to force foreign cash into the west African nation prior to an agreement with the…
The Majority Labour Union and Transnet of South Africa Reach a Three-year Salary…
Transnet, a state-owned logistics company in South Africa, announced that it had reached a three-year salary…
The Mining Industry Contributes 7.3% of Tanzania’s GDP.
The mining sector's contribution to the GDP climbed to 7.3% last year from 4. 8% in 2018, getting closer to the…
Nigeria Is Among The African Nations With The Lowest Budgets Per Capita.
Nigeria now has the fourth lowest budget per capita among the 20 largest African economies; behind only the…
In Q2 2022, Ghana’s Economy Expanded By 4.8%.
The second quarter of 2022 saw an uptick in Ghana's economic growth to 4.8% from the first quarter's 3.4%.
The…
Kenya Court Rejects Petition Regarding VAT on Fuel products.
Sen. Okiya Omtatah of Busia filed a case 2018 opposing the introduction of a tax on petroleum products; but the…
Northeastern Angola Finds 131-Carat Diamond.
Another gem, a 131 carat white Type IIa diamond, has been recovered, according to Lucapa Diamond and Sociedade.…
Kenya Will Stop Using Diesel and Gasoline Trucks and Adopt Green Transportation.
Kenya Power plans to buy additional electric vehicles, including two-wheelers and three-wheelers; in the near…
In Terms of African Pension Asset Growth, Nigeria Came In Fifth.
According to a recent report by the Organization for Economic Co-operation and Development, Nigeria has the fifth…
Tanzania intends to purchase a freight plane.
With intentions to use Kilimanjaro International Airport (KIA) as a key airport for cargo landing; the Tanzanian…
Uganda’s Exports Primarily Go To Kenya and South Sudan.
Data from the Ministry of Finance show that Uganda exported more commodities to Kenya and South Sudan in August…