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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…
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…
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…
Egypt's Minister of Investment and Foreign Trade, Hassan El-Khatib, met with a…
The Nigeria Customs Service (NCS) has suspended the implementation of the 4%…
Dangote Industries has strengthened its position in Nigeria’s automotive sector by launching…
The Nigerian naira has reached its highest value in the unofficial market…
Smart Africa, an alliance of 40 African countries, has launched the Africa…
Vice President Kashim Shettima has reaffirmed President Bola Tinubu’s commitment to economic…
The International Monetary Fund has called on Morocco's central bank to adopt…
The African Development Bank (AfDB) has reaffirmed its commitment to revolutionizing Africa's…
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Social media is an online platform that allows people to create, share…
Raenest, a Nigerian fintech company with offices in Kenya, has raised $11 million in a Series A funding round to invest in market expansion and product refinement.The round was led…
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