The Central African Republic has adopted Bitcoin as the official currency, alongside the CFA Franc which it currently uses; as well as legalizing the use of…
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Multinational diamond mining and trading company De Beers has signed two investment contracts with the government of Angola to operate in that country. The license, which…
The Special Criminal Court of the Central African Republic will today (Tuesday) hear its first trial on War Crimes seven years after it was established. The…
The government of the Democratic Republic of Congo is set to recover $2 billion in mining and oil assets from Dan Gertler, an Israeli investor with…
The National Union of Metalworkers of South Africa (Numsa) has agreed to a new three-year wage deal for steelworkers, bringing an end to a strike that’s…
A senior official has confirmed the killing of eleven civilians by rebels in the eastern Central African Republic on Wednesday. According to the Area Deputy Prefect,…
The board of the International Monetary Fund (IMF) has approved a $689.5 million three-year financing agreement to aid Cameroon’s economic recovery from the COVID-19 pandemic and…
The two Presidents later released a joint communique, asking concerned sector Cabinet ministries to put in place a strategy that will revive their co-operation, through working sessions and of the joint permanent commission between both countries to be convened.
In a report, Partech Partners said companies on the continent raised $1.43 billion in 2020, down by 29% from a year ago, which was just two deals above $50 million closed last year compared with 10 in 2019.
The economic damage wrought by the coronavirus pandemic will probably make many African countries seek debt restructuring from G-20 countries, according to the head of the…