Kenya’s inflation has risen to a 27-month high in May as the cost of vital products such as cooking oil, food, fuel, and soap increased, putting…
Author: Nasir Agbalaya
Sheryl Sandberg, the COO of Meta Flatforms’, owners of Facebook said on Wednesday that she is quitting the social network business after 14 years. Sandberg’s exit…
The latest major acquisition in Nigeria’s financial sector is done. Titan Trust Bank has completed an off-market acquisition of 89 percent of Union Bank of Nigeria…
As part of a pact to reduce South Africa’s dependency on coal and encourage a move to renewable energy, the UK is considering guaranteeing at least…
As concerns about commodity prices grow, Kenya’s central bank unexpectedly hiked its benchmark interest rate for the first time in over seven years to underpin inflation…
The fuel subsidy in South Africa has been extended. To make this happen, South Africa’s finance minister, Enoch Godongwana wrote to the National Assembly’s speaker, urging…
Tanzania has recognised that its account is suffering after posting a $1.31 billion deficit in the first three months of 2022, compared to $352 million in…
After striking an agreement with activists who had set up roadblocks at the site, Anglo-Australian multinational mining giant Rio Tinto which operates the QIT Madagascar Minerals…
Governor Godwin Emefiele said on Tuesday that the Central Bank of Nigeria has hiked its benchmark interest rate to 13% from 11.5 percent, shocking economists who…
Uganda has become the first country in East Africa to issue electronic passports to its residents. After the country phased out the old document readers, those who…