South African Food Producers Expect Muted Demand as Patrons Continue to Struggle with High Cost of Living
South African food manufacturing firms, RCL Foods and AVI Foods said demand was expected…
Saipem Secures $400million Contract to Drill Off-shore in Ivory Coast
Italian oilfield services company Saipem has secured a contract valued at $400…
Tanzania’s Diamond Export Rose Sharply in Year to January 2023
Tanzania's diamond exports rose sharply in the lazt 12 months to January…
Egypt: CBE Maintains Interest Rate Depite Soaring Inflation
The Central Bank of Egypt(CBE) kept interest rates steady at its first meeting…
Tanzania: Zanzibar’s Economy Projected to Grow by 6% This Year
Despite the ongoing global economic crisis attributed to drought, Covid-19 pandemic and…
Nigeria: Naira Attains Stability at Forex Markets Amid New Note Scarcity
Nigeria's currency, Naira, looks to be attaining some level of stability on…
Egypt: Government Rolls out Early Ramadan Discounts as Inflation Continue to Soar
Inflation-stricken Egyptians are flocking to discounted "Ahlan (Welcome) Ramadan" markets that opened…
Uganda: NSSF Refutes Allegations of Political Interference
Uganda's National Social Security Fund (NSSF) has denied allegations that it is…
Kenya: Central Bank retains Lending Rate at 8.75%
The Central Bank of Kenya (CBK) has retained the country's base lending…
Nigeria: CBN Launches New Domestic Card Scheme, Bans Dollars Charges on Domestic Card Transactions
The Central Bank of Nigeria (CBN), in partnership with the Nigerian Interbank…