Son of Uganda’s president indicates interest in country’s leadership
The son of Uganda's aging leader, Yoweri Museveni, has said he intends to stand for the presidency in 2026, the first time the outspoken...
Nigeria’s apex banks reneges, says old bank notes remain legal tender
The Central Bank of Nigeria has directed commercial banks to dispense and receive old naira notes as legal tender across the country.
The CBN gave...
Kenya’s Ruto appoints Koech as second central bank deputy governor
Kenya's President William Ruto has appointed Susan Koech, a career banker who has also worked in top government posts, to be the second deputy...
South Africa’s ABSA reports 13% rise in full-year profit
South Africa's ABSA reports 13% rise in full-year profit
South African lender Absa Group reported a 13% rise in full-year profit on Monday, driven by...
Silicon Valley Bank’s collapse: The implication for African startups
The news is that Silicon Valley Bank, the bank of choice for most startups and venture capitalists, was shut down by the Federal Deposit...
SVB collapse: Y Combinator says over 100,000 startup employees could lose their jobs
Startup accelerator organisation, Y Combinator, has said that over 100,000 startup workers risk losing their jobs as a result of the recent collapse of...
Nigeria begins deduction for e-transfers to domiciliary accounts
The Nigerian government has extended the Electronic Money Transfer Levies (ETML) to domiciliary accounts in Nigeria. The levy was previously limited to only Naira...
Fuel supply, air travels disrupted as French pension strike
Train and air traffic will again be disrupted in France on Thursday and garbage collection in cities including Paris will be patchy as strikes...
Nigeria records sharp drop in oil spill after Shell shutdown
Shell has reported a sharp fall in oil spilled as a result of sabotage in Nigeria's oil-rich Delta in 2022 reflecting closure of operations...
Khartoum’s yellow taxis stand idle as technology trumps tradition
The yellow taxis of Khartoum were once an enduring part of its colonial legacy.
Now the vehicles, introduced in Sudan's capital under British rule in...
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