Latest Africa Development News
Nigeria’s revenue hits N12.4tn – World Bank
In the latest report by the World Bank, it is reported that…
Nigeria’s FX reserve hits first steady climb since January
Nigeria's external reserve has maintained a steady rise this year, rising to…
Sun King to expand off-grid solar power with new $80 million facility
Sun King has secured an $80 million loan to accelerate its efforts…
Rwanda Central Bank pegs lending rate, now 6.5%
Rwanda’s central bank kept its policy rate unchanged at 6.5% in a…
Petrobas pursuing a return to Nigerian oil market
Brazil's state-run oil company Petrobras is actively pursuing a return to Nigeria's…
Nigeria’s inflation eases in April, now 23.71%
Nigeria’s inflation rate slowed slightly in April 2025, offering some relief to…
Liberia launches new five year strategic plan
The Central Bank of Liberia (CBL) has revealed its Strategic Plan for…
IMF terminates Malawi’s loan program after payment of $35 million
The International Monetary Fund, IMF, has announced the termination of Malawi's $175…
Ethiopia signs new $1.7 billion deal with Chinese firm
Ethiopia has signed a new investment deal worth $1.7 billion to boost…
CBN to hold its next MPC meeting May 19 & 20
The Central Bank of Nigeria (CBN) has announced its forthcoming monetary policy…
