Debt servicing gulps 96% of revenue in 2021- CBN

The sum of N4.22 trillion has been incurred by the Federal government on debt servicing in 2021, increasing by 29.3% compared to N3.27 trillion...

Kenya pushes for review of CET rates on sensitive goods

Kenya is lobbying for strict enforcement of duties on sensitive products imported into the East African Community, saying frequent exemptions threaten the survival of...

Angolan diamonds sparkle again as reforms put production back on track

Six hundred miles east of the Angolan capital Luanda is a small city named Saurimo, whose primary industry has traditionally been agriculture. So, visitors...

Ghana extends IMF programme

The IMF also approved 94.2 million dollars for Ghana under the fourth review on Wednesday Ghana and the International Monetary Fund (IMF) have agreed to...

What do European countries import from Africa?

The improvement and development of relations between Europe and Africa have resulted in a soaring export performance of West Africa, as well as the...

Buhari signs 2010 cocoa agreement

Buhari signs 2010 Cocoa agreement President Muhammadu Buhari on Monday signed the Instrument of Accession to the International Cocoa Agreement of 2010. According to the Mr....

Is ‘Buy Now, Pay Later’ the next big thing for fintech in Africa?

Though traditional payments and lending products still dominate the sector, founders are looking at untapped verticals to either expand on existing products or build...

Russia-Ukraine war: ECOWAS raises alarm over imminent food shortage in West Africa

The Economic Community of West African States (ECOWAS) Commission has warned of a looming food scarcity as the Russian-Ukraine war lingers if urgent steps...

Theresa May to pledge Africa investment boost after Brexit

Theresa May is to announce plans to boost Britain's investment in Africa after Brexit, during her first trip to the continent as prime minister. At...

Ghana opposition seeks IMF view on $2 bln Chinese Bauxite deal

Ghana's opposition in parliament wants the International Monetary Fund (IMF) to decide whether a $2 billion Chinese deal agreed by the government in exchange...
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