Liberia’s agriculture sector took a hard knock this weekend as Golden Veroleum, the country’s largest Palm oil company laid off 443 of its workers according to…
Author: Nasir Agbalaya
Algeria is increasing its fuel price. This OPEC member wants to reduce local consumption and imports as the economy battles from the effects lockdown on businesses. …
The National Energy Regulator of South Africa ( NERSA) has approved a revenue recovery scheme for South Africa’s utility firm, Eskom. This will enable Eskom recover…
Egypt’s central bank has left its main interest rates on hold in a bid to balance the slowdown caused by the coronavirus crisis with an unexpected…
The Central Bank of Kenya will sell a six-year, amortised infrastructure bond to raise $240 million this month. The bank adds that it will receive bids…
In line with an agreement among producers to curb output and battle a global glut, OPEC member, Nigeria has reduced her oil production , according to…
Zimbabwe will introduce higher denomination bank notes to increase the amount of cash in circulation. The country’s finance minister, Mthuli Ncube made this announcement, as inflation…
Facebook is partnering with a consortium of African and global telecom firms to build one of the world’s largest underwater or subsea cable networks. This will…
Morocco’s Royal Air Maroc is seeking a state loan guarantee to pay for June expenses as it struggles with $5 million in daily losses caused by…
Tunisia has declared a need for more external funding. In fact, double of the initial 2.5 billion Euro to about 5 billion Euros this year, due…