ECOWAS sets 2027 target for new single currency
The long-standing vision of creating a single regional currency has been reaffirmed…
Afreximbank challenges Fitch’s new rating downgrade
The African Export-Import Bank (Afreximbank) has challenged Fitch Ratings’ recent downgrade of…
Why Africa is the future of global investment
Africa has long been perceived through the lens of challenges rather than…
World Bank maintains Nigeria’s 2025 growth forecast at 3.6%
The World Bank has retained its earlier projection of a 3.6% economic…
Kenya cuts key lending rate for 6th time, now 9.75%
Kenya’s central bank has cut its benchmark interest rate for the sixth…
Nigeria forfeits $4m World Bank loan due to audit failures
Nigeria will be forfeiting $4 million from a World Bank-funded loan after…
Oil companies scramble for new licenses before June deadline
Several licensees have formally asked to have their petroleum prospecting licenses converted…
Kenya to launch crude oil exports in 2026
Kenya hopes to begin production and exports of commercial crude oil next…
Africa’s untapped domestic capital can boost its infrastructure – AFC
Africa possesses a vast pool of over $4 trillion in untapped domestic…
Africa to launch new credit rating agency
A new credit rating agency is set to begin operations this September,…
