Morocco will receive a €300 million – $354 million – loan from the European Bank for Reconstruction and Development (EBRD) to help cushion three state companies…
Author: Abdulateef Ahmed
Senegalese- American R&B singer, Akon says construction will begin next year on his $6 billion plan to build a futuristic pan-African city in Senegal. Akon’s idea…
Sudan has called for raising the negotiation on the Grand Ethiopian Renaissance Dam (GERD) from the ministerial level to the level of head of state. “The…
In the wake of a lingering political crisis , AngloGold Ashanti and Barrick Gold will sell their effective 80% stake in the Morila Gold Mine in…
Data from South Africa’s revenue service on Monday has shown that the country’s trade balance narrowed to 37.42 billion rand ($2.24 bln) in July. This is…
Ghanaian Finance Minister, Kenneth Ofori-Atta, is the new Chair of the Board of Governors for the African Development Bank. This was announced on Thursday at the…
Nairobi County government medical staff resumed work on Thursday following a six-day strike over delayed salaries and a lack of protective equipment when handling patients who…
The Nigerian Stock Exchange has sustained its steady bullish momentum after rising by 0.15% to a 25,330.10 close. The rise of the local bourse was due…
Latest figures have shown that Nigeria’s economy contracted by 6.1% in real terms in the second quarter of 2020 compared to a year earlier. These figures,…
Namibia is the best performing African country to make a successful energy transition. This is contained in the World Economic Forum’s Energy Transition Index 2020 released…