South Africa has announced that it will use money from the sale of broadband spectrum and mining royalties to establish a 30 billion-rand ($2 billion) sovereign…
Author: Bamigbola Azeez Olanrewaju
Nigeria’s economic growth rose to an annual rate of 2.55% in the three months to the end of December, its highest quarterly growth since a 2016…
In a statement that may help the defense of one of his sons who is standing trial for money laundering, Angolan President, Jose Eduardo dos Santos…
Importers in East Africa will from July, operate under a common Customs bond, to guarantee uniform import duties and taxes across all partner states. Currently, the…
Nigeria will review the sale of power assets to private investors after they have been unable to improve power supply in Africa’s most populous country. The…
Cargo volumes at the port of Mombasa are expected to reduce in the next few weeks as the outbreak of the coronavirus continues to afflict China’s…
Ethiopia’s council of ministers have approved a supplementary budget of $877.87 million for 2019/2020 to finance economic reforms, as announced by the country’s Prime Minister, Abiy…
Madagascar, the world’s biggest producer of vanilla, is seeking about $17 billion in aid and investment to help finance improvements in its power, mining and tourism…
Maroc Telecom, Morocco’s largest telecoms operator, has reported an adjusted profit of $620 million in 2019. The result was achieved on the back of higher mobile…
Kenya’s proposed free trade deal with the U.S. has put it in crosshairs as critics say the planned bilateral agreement would be a breach of regional…