Nigeria lifts sanctions on Niger and reopens borders
Nigeria’s President Bola Tinubu has lifted all economic sanctions imposed on neighbouring Niger, ending an eight-month period of restrictions following…
Category: Africa
Victoire Ingabire: Rwandan opposition leader barred from election
Victoire Ingabire, an outspoken critic of President Paul Kagame, faces political obstacles as she seeks to participate in Rwanda’s upcoming…
SON Release 80 Standards For CNG Vehicles, Others
The Standards Organisation of Nigeria (SON) has introduced 80 standards to regulate the operations of Compressed Natural Gas (CNG) vehicles…
Ready to Release BazoumThe junta in Niger Republic
The junta in Niger Republic faces a serious dilemma as it prepares to release the ousted president, Mohamed Bazoum, and…
Heatwave Exacerbates Water Shortages in Johannesburg
Authorities in Johannesburg, South Africa’s commercial hub, attribute the ongoing heatwave to reduced water flow, leaving taps dry for several…
Kenyan-led Haiti Mission in Pre-deployment Stage – Minister
The Kenyan government remains resolute in its plan to deploy hundreds of police officers to Haiti, despite the worsening gang…
Chad Announces Free Water and Electricity for Households
Chad’s government has unveiled plans to offer free water and electricity to households until the end of the year. Under…
South Africa lender absa Records Marginal Rise in Annual Profit
Absa Group, one of South Africa’s top private lenders, reported a marginal increase in annual profit despite facing higher credit…
Egypt Secures IMF Support Package, Reduce Budget Deficit
Egypt has embarked on significant initiatives aimed at decreasing its budget deficit, including the sale of real estate assets and…
Senegalese Opposition Coalition Unveils Campaign Platform
A Senegalese opposition coalition, supported by the influential figure Ousmane Sonko, launched its presidential campaign platform on Saturday, outlining ambitious…
Central African States Lift Sanctions, Reintegrate Gabon into Regional Bloc
The Economic Community of Central African States (ECCAS) decided to lift sanctions on Gabon and reintegrate it into the regional…
Africa’s gas production fields declining, AEC warns
NJ Ayuk, the Executive Chairman of the African Energy Chamber, has raised an alarm about the declining state of many…
South Africa’s Current Account Deficit Widens Sharply in Fourth Quarter
South Africa’s current account deficit significantly expanded in the fourth quarter of 2023, reaching 2.3% of gross domestic product (GDP)…
Egyptian pound stable after devaluation, IMF deal
Egypt’s currency remained stable at around 49.5 pounds to the dollar as the market opened on Thursday, following the central…
Ghana Faces $3.8 Billion Funding Cut Over Anti-LGBTQ Bill
The Ghanaian government stands to lose $3.8 billion in World Bank funding due to the recent passage of an Anti-LGBTQ…
Zambia Plans to Import and Ration Electricity Due to Drought
Zambia is grappling with a severe drought crisis, prompting President Hakainde Hichilema to announce plans to import and ration electricity,…
Ghana’s Parliament Faces Power Cut Over Unpaid Debt
Ghana’s state-run electricity provider, ECG, took the drastic step of briefly cutting off power to the parliament building, aiming to…
ICC Orders Record Reparations for Victims of Ugandan Militia Commander
International Criminal Court (ICC) judges have ruled that nearly 50,000 victims of Ugandan militia commander Dominic Ongwen are entitled to…
Benin Republic’s Dollar Bond Oversubscribed, Raises $750m
Benin Republic successfully issued its first-ever dollar-denominated bond, raising a substantial $750 million. The bond offering witnessed overwhelming investor interest,…
Tullow Oil To Plan Temporary Halt in Ghana Drilling Operations
Tullow Oil, in collaboration with its Joint Venture Partners, is gearing up for a temporary suspension of drilling operations in…
Alan Kyerematen Plans to Revitalize Ghana’s Economy
Alan John Kwadwo Kyerematen, Leader and Founder of the Movement for Change, has introduced his Great Transformational Plan (GTP) aimed…
World Bank’s Managing Director to Embark on Visit to Nigeria
Anna Bjerde, the Managing Director of Operations at the World Bank, is poised to undertake a pivotal two-day engagement in…
NGX Regulation, IFRS, and FRC Nigeria Commits to Sustainability Reporting
The NGX Regulation Limited, IFRS Foundation, and Financial Reporting Council of Nigeria have reaffirmed their dedication to promoting sustainability reporting…
Ghana Cabinet Withdraws 15% VAT on Electricity
The Ghanaian Cabinet has decided to retract the 15% Value Added Tax (VAT) on electricity in response to widespread public…
COCOBOD Dismisses Reports on Cocoa Importation as “Misinformation”
COCOBOD has refuted media reports regarding a leaked official letter purportedly approving the importation of 2,500 metric tonnes of cocoa…
Delta Air Lines Ranks 11th on 50 Most Admired Companies List
Delta Air Lines has secured the 11th position on Fortune Magazine’s prestigious Top 50 Most Admired Companies list, making it…
Exit of Burkina Faso, Mali, and Niger Threatens ECOWAS Trade Relations
The potential withdrawal of Burkina Faso, Mali, and Niger Republic from the Economic Community of West African States (ECOWAS) poses…
Nigeria-Morocco Gas Pipeline: Minister Assures Uninterrupted Supply
Mr. Ekperikpe Ekpo, the Minister of State for Petroleum Resources (Gas), has provided reassurance of uninterrupted supply to the Nigeria-Morocco…
FG to Enforce Sanctions on Vessels Violating Maritime Regulations
During the arrival ceremony of the ‘CMA CGM Scandola’, the largest container vessel fueled by Liquefied Natural Gas, at Lekki…