The Eskom board and outgoing CEO Andre de Ruyter will face MPs for the first time this year when they appear before Parliament’s finance watchdog, Scopa,…
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The National Bank of Egypt (NBE), the country’s largest public lender, reported on Monday a net profit 22.778 billion Egyptian pounds ($761 million) in first nine…
Stockbrokers have projected the recovery of the Nigerian economy in 2023 despite microeconomic headwinds and associated uncertainties. The brokers, at a webinar organized by the Chartered…
On Monday, as Nigeria’s appeal against a $11 billion damages bill got under way, its attorneys told London’s High Court that their country had been the…
Spotify, the Swedish music-streaming company, has announced that it will lay off 6% of its around 10,000 employees in order to increase efficiency. “In hindsight, I…
As the nation struggles with high inflation rates, the head of Ethiopia’s central bank Yinager Dessie has been sacked. 2018 saw the appointment of Dessie as…
According to a Paris Club representative on Thursday, all G20 group of economic power members are in favor of restructuring Ghana’s debt and are prepared to…
The domestic debt exchange program’s expiration date has been extended by the government of Ghana until January 31, 2023. Ghana’s finance minister, Ken Ofori-Atta, revealed this…
Greece is dedicated to increasing its partnership with Africa. In order to take advantage of its experience and understanding of the continent, an official team headed…
A 25-year Power Purchase Agreement (PPA) and concession agreement for a 50MW PV solar facility have been signed by the government of Ivory Coast. The 50…