The Ghana Cedi, according to Bloomberg is in currently in tatters, having depreciated by over GHC2 in the last week, compounding the ever-depreciating currency against major…
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The Reserve Bank of Zimbabwe says it had sold 4,475 gold coins by 10 August realising $3.7 billion, 90% of which was paid in local currency.…
South Africa’s biggest labour-union federation, The Congress of South African Trade Unions (COSATU), and its rival, South African Federation of Trade Unions (SAFTU), are poised for…
The Central Bank of Nigeria (CBN) and the Africa Fintech Foundry (AFF), an Access bank project to foster and accelerate the growth of Fintech firms in…
The 2007-2009 global recession brought many changes to the world’s economy: Output slowed, unemployment rose, and financial institutions all over the world wrestled with the threat…
According to the National Bureau of Statistics (NBS), bread, cereal, gas, and transportation prices all contributed to Nigeria’s inflation rate reaching a nearly 17-year high in…
Under the Team Europe Initiative, TEI, the European Union, E.U, has started a US$1.35 billion Nigerian Green Energy Project (TEI). The initiative aims to support Nigeria’s…
According to the Reserve Bank of Zimbabwe, by the 10th of August, it had sold 4 475 gold coins for a total of $3.7 billion, 90%…
The $640 million rehabilitation of Sudan’s railway network has received Chinese support, and the country is moving through with the enormous project despite an economic crisis…
Governor John Rwan-go-mbwa announced the rise in the key policy rate from 5% to 6% in Rwanda’s capital Kigali. This brings the total number of rate…