Kenya targets more IMF funding
Kenya anticipates receiving additional funds from the International Monetary Fund by the year's end and is currently engaged in discussions with the Fund regarding the potential consolidation of the seventh…
Top 5 Countries Fuelling Africa’s Economic Growth
The combined GDP of all African countries, currently estimated at $2.8 trillion in 2024, is partly fueled by the strengths of Africa’s super five economies. These nations not only drive…
Sudan faces economic uncertainty with more EU sanctions
The European Council has voted to extend sanctions against six Sudanese individuals and nine entities until October 2025, the EU Council said on Tuesday.According to Schengen News, as announced in…
South Korean investors to build four refineries in Nigeria
A consortium of South Korean investors has finalized plans to build four refineries in Nigeria, each with a capacity of 100,000 barrels. The announcement was made by Heineken Lokpobiri, Nigeria’s…
Burundi, Zambia to enhance connectivity with underwater Fibre optic cable
Burundi and Zambia have entered into a landmark agreement to enhance their digital connectivity by installing an underwater fibre optic cable. The deal was formalized through a Memorandum of Understanding…
Vodafone, Google to boost Africa’s tech and cyberspace with new partnership
Vodafone, the parent company of pan-African operator Vodacom, has partnered with Google to bring cloud services, artificial intelligence (GenAI) and cybersecurity to African and European customers.Google has announced the extension…
The task ahead of Mozambique’s election winner
Mozambique is set told a general election on Wednesday, October 9, 2024. The election is coming on the back of huge economic uncertainty. The economic situation is further compounded by…
Egypt to strengthen IT sector with 5G licenses
All four of Egypt’s telecom operators are officially clear to offer 5G services just as the National Telecommunications Regulatory Authority (NTRA) awarded 5G licences to Vodafone Egypt, Orange Egypt, and…
Access Bank expands operations with new Namibia license
The Bank of Namibia has granted Access Bank a provisional license to open a commercial bank in the Southern Africa country.The company announced this to investors and the Nigerian Exchange…
Congo to tackle money laundering in mining sector
The Democratic Republic of Congo (DRC) is considering legal action against technology companies such as Apple in a bid to reduce money laundering from its eastern provinces.Eastern Congo is the…
