Kenya has reversed its initial plan to scrap plans of issuing a Ksh 124.3 billion ($1.1 billion) Eurobond in the fiscal year closing in June.According to…
Author: Nasir Agbalaya
Zambia’s finance minister believes China should chair the creditors committee being created to restructure the country’s $17.3 billion in foreign debt because it will help speed…
According to information acquired from the Central Bank of Nigeria, the country’s total direct remittances fell by $119.4 million to $130.12 million in January 2022, down…
TotalEnergies has announced that it will sell its minority investment in a Nigerian onshore oil-producing partnership. This will be the most recent divestiture of Nigerian oil…
Nigeria had to acquire emergency potash supplies from Canada in April after being unable to import the essential fertiliser from Russia owing to Western sanctions, according…
Due to significant generating capacity restrictions caused by the breakdown of nine generators, Eskom, South Africa’s main power supplier, has resumed Stage 2 load shedding from…
Crude oil prices has remained over $105 a barrel as investors weighed increased demand for refined goods against a series of Chinese city lockdowns. At 9:36…
Serbia wants to ship at least 150,000 tonnes of wheat to Kenya in order to fill the void created by Russia and Ukraine following their war.…
President Emmerson Mnangagwa of Zimbabwe has stated that the government would take steps to slow the fast depreciation of the local currency. Mnangagwa wrote in the…
The Organisation of Petroleum Exporting Countries (OPEC) Fund has announced a $14.3 million contribution to Phase II of the feasibility study for the $25 billion Nigeria-Morocco…