The World Bank has admitted Nigeria moved out of last year’s recession faster than expected. The bank, in its newly released Africa’s Pulse report, admitted that…
Author: Nasir Agbalaya
The wait appears to be over for Kenya as the Executive Board of the International Monetary Fund – IMF has approved the funding request of East…
Kenya’s annual inflation has risen to 5.9% in March. This is the highest rate in 10 months, from 5.8% in February. The inflation rate maintained an…
The Nigerian government is set to recover more bad loans. About N5.2 trillion debt owed Africa’s largest economy by some individuals and firms are expected to…
The International Monetary Fund (IMF) has approved a disbursement of $174.2 million to South Sudan under the Rapid Credit Facility (RCF). This is meant to address…
Kenya is seeking an extension of the Debt Service Suspension Initiative (DSSI) to June 2022. This will give the East African country a one-year extension from…
Moroccan mining company, Managem, has signed a announced a partnership with the Wanbao Mining Group, for the development of gold extraction projects in Sudan. A Managem…
Kenyan electricity consumers will pay KSh 1.20 more per unit or an extra KSh 1 billion to Kenya Power this month on increased compensation to expensive…
Nigerian Fintech company Flutterwave is teaming up with U.S. payments giant PayPal to enable PayPal customers pay African merchants through its platform, the Africa-focused payments firm…
Anticipation, and many other emotions had run wild among South Africans before Finance Minister, Tito Mboweni read out the 2021 budget proposal. Even organised labour prepared…