TNBC to promote economic growth with new task force
The Tanzania National Business Council (TNBC) has set up a new task force focused on “blue business” to explore business opportunities and promote economic growth in the country.The TNBC Blue…
Resolute Mining to pay $160 million in tax dispute settlement with Mali
Australia’s Resolute Mining (RSG.AX) says it would pay $160 million to help the Malian government resolve tax issues after it detained CEO Terence Holohan and two employees in U.S. dollars…
Nigeria, India pen $14 billion investment deal
Nigeria’s President Bola Tinubu and Indian Prime Minister, Narendra Modi, have instructed their respective authorities to complete all outstanding bilateral trade agreements between their two nations.This was announced in a…
Egypt partners with Alcazar, Voltalia-Arabia for renewable energy projects
Egypt has taken significant strides in advancing its renewable energy ambitions through strategic partnerships with Alcazar Energy, Voltalia, and TAQA Arabia. Several Memorandums of Understanding (MoUs) have been signed to…
Nigeria raises its daily crude production to 1.8 million barrels
Nigeria’s state oil company NNPC says it had increased its oil production to 1.8 million barrels per day, with the potential to rise to 2 million barrels per day by…
Kenya Capital Markets Board approves six new funds
The Capital Markets Authority (CMA) of Kenya has approved six new funds from licensed fund managers, offering more investment options and benefits to high-value investors.Meanwhile, the total assets of investment…
Niger seeks Russian investment in Uranium and other natural resources
Niger has invited Russian firms to invest in uranium mining and other natural resources as part of a strategic pivot away from its long-standing ties with France. This was made…
Nigeria plans to raise ₦120 billion in November 2024 bond
The Nigerian government through the Debt Management Office has announced the issuance of November 2024 bond with plans to raise ₦120 billion. This represents a 33.3% decline compared to the…
Fiscal crisis, security challenges on the front burner as Senegal holds parliamentary elections
Fiscal crisis and security problems are on the front burner as the people of Senegal vote in Sunday's parliamentary elections. The elections are seen as a poll on the performance…
COP29 Summit: African Leaders decry lack of access to clean cooking, call for more funding
African leaders attending this year’s UN Climate Change Conference, COP29 have highlighted the urgent crisis posed by lack of access to clean cooking, a challenge impacting 1.2 billion people across…
