Latest Business News

Fuel shortages threaten preparations for Nigeria elections

The electoral authority in Nigeria is concerned that ongoing fuel shortages in…

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…

Debt Exchange Programme: Ghana extends Deadline to Feb 7

The government of Ghana has extended the deadline for the Domestic Debt…

Kenya’s inflation slows further to 9.0% yr/yr in January

Kenya's inflation (KECPI=ECI) slowed to 9.0% year-on-year in January from 9.1% a…

Ghana terminates oil block negotiations with Eni and three others

The Ministry of Energy has terminated negotiations with four oil companies after…

Egypt: MPs Approve Agreement to Join BRICS Newly Formed Development Bank

Egyptian Members of Patliament, on Sunday January 29, 2023 approved an agreement…

IMF approves $38.4 mln extended credit facility for Guinea-Bissau

The executive board of the International Monetary Fund has approved a $38.4…

IMF deal may affect completion of capital projects, says Ghana president Akufo-Addo

Ghana's president Nana Addo Dankwa Akufo-Addo has admitted that the government’s engagement…

South Africa not ditching coal ‘just like that’, President Cyril Ramaphosa cautions

Coal-rich but energy-starved South Africa says it will not immediately abandon its…