Algeria and Egypt Strengthen Energy Alliance with Qatar
Algeria is reinforcing its energy partnerships with Egypt and Qatar, focusing on exploration, investment, and…
Banks drive trading as investors anticipate higher dividends
The Nigerian stock market has continued its upward trend, with banking stocks driving the spike…
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Nigeria’s GDP surge by 3.46% in Q3 2024
Nigeria's gross domestic product (GDP) grew by 3.46% in the third quarter of 2024 representing…
Nigeria to issue $500 million domestic bond
Nigeria has announced plans to offer domestic bonds in US dollars starting next Monday. With…
World Bank and Raxio Group to boost Africa’s Digital Infrastructure with new $100 million investment
The International Finance Corporation (IFC), the private investment arm of the World Bank, has announced…
China’s Foreign Minister begins 4-nation visit in Africa
Wang Yi, a member of the Political Bureau of the Communist Party of China (CPC)…
Egypt explores new opportunities for trade and investment with Oman
Oman and Egypt are intensifying efforts to strengthen bilateral ties in trade and investment, focusing…
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…
Nigeria seeks South Africa’s support for BRICS and G20 membership
Nigeria has formally sought South Africa's backing to join the G20, BRICS, and the BRICS…
Rwandan Central bank to tame inflation with 6.5% interest rate
Rwanda’s central bank kept its key interest rate at 6.5% on Thursday, having cut its…
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Nigeria set to rollout $2bn fibre network in Q4 2025
Nigeria’s digital economy is set to begin the rollout of a $2 billion fibre optic network in the fourth quarter…
CBN pegs interest rate at 27.5% in its latest MPC meeting
The Central Bank of Nigeria CBN has retained the interest rate at 27.5%, following following its 300th Monetary Policy Committee…
Ramaphosa seeks improved US-South Africa ties
South Africa’s President Cyril Ramaphosa plans to discuss business opportunities for Elon Musk’s companies during a visit to Washington this…
Vodacom pursuing joint fibre ventures in Africa broadband push
Vodacom Group is pursuing partnerships for joint fibre ventures as Africa’s second-largest mobile operator looks to accelerate the rollout of…
China to establish new Electric Vehicle factories in Nigeria
China has been granted approval to establish electric vehicle (EV) factories in Nigeria in an effort to strengthen economic and…
CBN to decide lending rate at latest MPC meeting
The Central Bank of Nigeria, CBN, will decide the new lending rate at its latest Monetary Policy Committee meeting. The…
CBN launches new digital platform for Nigerians in diaspora
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has launched a digital platform…
