Rwanda Central Bank holds key interest rate despite soaring inflation

Rwanda's central bank has decided to maintain its key interest rate at 6.5% for the second consecutive monetary policy meeting. The bank indicated that, despite a recent increase in inflation, it anticipates that inflation will remain within its designated target range.In January, the annual inflation rate climbed to 7.4%, nearing the upper limit of the National Bank of Rwanda's target

Oloruntoba Yusuf Oloruntoba Yusuf

Liberia woos investors at 2025 mining summit in South Africa

Liberia is stepping into the spotlight as a rising player in Africa’s mining sector. At the Mining Indaba 2025 in Cape Town, South Africa, the country’s Minister of Mines and Energy, Wilmot Paye, and Liberia Chamber of Mines President, Amara Kamara, made a compelling case for investment. The pitch highlighted Liberia’s democratic stability, strategic location, and rich mineral deposits, drawing

Oluwatobi Adebayo Oluwatobi Adebayo

Nigeria signs new agreement to enhance gas exports to Europe

The federal government has reached an agreement with Algeria and Niger to advance the Trans-Saharan Gas Pipeline (TSGP) initiative, which is designed to enhance gas exports to Europe. Representatives from the three nations formalized these agreements during a meeting held in Algiers, the capital city of Algeria.The agreements address critical components of the project, including a revised feasibility study, a

Oloruntoba Yusuf Oloruntoba Yusuf
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Spanish firm eyes investment in Egypt’s Energy Sector

Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, met with a

Christabel Airo Christabel Airo

Customs service suspends implementation of 4% FOB Charge in Nigeria

The Nigeria Customs Service (NCS) has suspended the implementation of the 4%

Oluwatobi Adebayo Oluwatobi Adebayo

Dangote launches new peugeot, boosting Nigerian auto industry

Dangote Industries has strengthened its position in Nigeria’s automotive sector by launching

Christabel Airo Christabel Airo

Naira nears $1,500 in black market, highest level in 2025

The Nigerian naira has reached its highest value in the unofficial market

Oloruntoba Yusuf Oloruntoba Yusuf

SmartAfrica launches AI Council to boost economic growth and innovation

Smart Africa, an alliance of 40 African countries, has launched the Africa

Oluwatobi Adebayo Oluwatobi Adebayo

Shettima creates new committee to Drive Nigeria’s $1 Trillion Vision

Vice President Kashim Shettima has reaffirmed President Bola Tinubu’s commitment to economic

Oluwatobi Adebayo Oluwatobi Adebayo

IMF advocates new inflation framework and bigger tax base in Morocco

The International Monetary Fund has called on Morocco's central bank to adopt

Christabel Airo Christabel Airo

AfDB to revolutionise agriculture with new $3 billion investment

The African Development Bank (AfDB) has reaffirmed its commitment to revolutionizing Africa's

Christabel Airo Christabel Airo
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