Chad becomes newest destination as Starlink deepens expansion in Africa
Starlink, Elon Musk’s satellite internet company, has launched its services in Chad, marking a major step toward improving internet access in the West African nation. This launch, announced by Musk…
CBN to drive financial inclusion in Nigeria with new initiatives
The Central Bank of Nigeria has launched three new incentives to drive financial inclusion in the country. The bank unveiled the initiatives at the International Financial Inclusion Conference held in…
Nigeria to get $5 billion trade facility from Saudi Arabia
President Bola Tinubu's recent visit to Riyadh, Saudi Arabia, has yielded a potential $5 billion trade facility to bolster Nigeria's economic reform program. This development follows a meeting with Crown…
Egypt to boost financial inclusion with retail bonds
The Egyptian Ministry of Finance and the World Bank hosted the annual Retail Bond Conference, which was attended by experts from various countries to discuss new solutions and best practices…
Traders lose as Cryptocurrency market experiences pause after record rally
The cryptocurrency market witnessed a brief pause on Tuesday, following a remarkable rally that began after the U.S. election.Bitcoin, which had surged over 10% to reach $89,623 on Monday, dropped…
Senegal to resolve IMF credit crisis in June 2025
Senegal will have to wait until June to decide on its loan program with the International Monetary Fund which could lead to a new allocation of funds.The Finance Ministry did…
IPMAN pens new petrol lifting deal with Dangote
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with Dangote Refinery to directly lift petroleum products, including premium motor spirit (PMS), diesel, and dual-purpose kerosene (DPK).…
South Africa unemployment rate plummets under new coalition government
South Africa's unemployment rate has dipped in the first three months of the its new coalition government, boosting investors' confidence.The unemployment rate dropped to 32.1% in the third quarter of…
Egypt unveils plans to raise entrepreneurship investment by $5 billion
Egypt's government has unveiled plans to significantly boost investments in entrepreneurship from $500 million to $5 billion. Prime Minister Mostafa Madbouly made this announcement on Monday during a meeting with…
Kenya’s new law to raise bar for foreign companies
The Kenyan Parliament is planning to raise the bar for foreign companies to do business in Kenya with proposals to amend the Securities and Exchange Commission Act.For example, a foreigner…
