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...

South Africa’s Eskom extends power cuts until Sunday night

South Africa’s state-owned utility Eskom said it would extend rotational power cuts until Sunday night, after four more of its generation units broke down. 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....

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...

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...

Nigeria’s oil production falls over poor maintenance, says World Bank

The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the loss of infrastructure efficiency. It...

Standard Chartered raises $100m to tackle avoidable blindness

Management of Standard Chartered Bank said it has reached the goal set in 2011 to raise $100 million for the fight against avoidable blindness...

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...

All to know about the Central African Republic’s adoption of bitcoin

The Central African Republic (CAR) adopted bitcoin as an official currency alongside its local currency, the CFA franc, the presidency announced on April 27. The...
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