On Monday, Prime Minister Justin Trudeau revealed that the Canadian government will enforce a 100% tariff on electric vehicles manufactured in China, joining other Western nations…
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The Bank of Tanzania (BoT) has disclosed that Kenyan banks operating in Tanzania saw a substantial 74.7% rise in pre-tax earnings. Their combined revenue reached TSh91.4…
The push to maintain physical cash has led to the innovative use of polymer as a long-lasting, secure, and eco-friendly alternative for making banknotes. The first…
Strong currencies reflect a robust economy, indicating low inflation, a stable balance of payments, and effective monetary policy. A strong currency also helps prevent hyperinflation and…
In an interview with Sputnik, Arkady Zlochevsky, President of the Russian Grain Union, stated that Africa has emerged as a significant market for Russian agricultural products,…
Reports say a Canadian mining company in Botswana discovered one of the world’s largest diamonds, a rough 2,492-carat stone, on Thursday. Lucara Diamond Corp, in a…
South Africa’s inflation rate has dropped to its lowest level in three years, according to official data released on Wednesday. The country’s annual consumer price inflation…
Senegal Prime Minister Ousmane Sonko announced that the government has established a team of specialists to “rebalance” oil and gas contracts, in line with a promise…
Market traders in Somalia protested for the second consecutive day on Monday against a new five percent tax on electronic payments. Many shops in Mogadishu’s main…
Kenya Airways posted its first half-year profit in over ten years on Monday, driven by increasing passenger numbers. The airline expressed optimism about the possibility of…