NUPRC says new offshore FPSO set to raise Nigeria’s oil production as government targets one million-barrel
Nigeria’s crude oil output is expected to rise significantly in the coming months as a new offshore production facility prepares to sail into Nigerian...
Safaricom’s Half-Year Profit Jumps 55% as Ethiopia Operations Show Major Improvement
Kenya’s largest telecom operator, Safaricom, has reported a 55% increase in operating profit for the first half of its financial year, driven by strong...
AfDB, Equatorial Guinea Seal €58.6m Deal to Train Youth, Create Jobs and Build New Technical Institutes
The African Development Bank Group (AfDB) and the Government of Equatorial Guinea have signed a €58.61 million financing agreement to launch Phase One of...
NNPC Moves to Expand Stake in Dangote Refinery to 20% as Nigeria Pushes Toward Full Domestic Fuel Production
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to increase its equity stake in the $20 billion Dangote Petroleum Refinery, with the...
Nigeria Finalises $500 Million World Bank Loan to Scale Up Food Production and Strengthen Agricultural Value Chains
The Federal Government of Nigeria has completed arrangements to access a $500 million loan facility from the World Bank, a funding package targeted at...
Kenya’s Business Confidence Improves as October PMI Hits Highest Level Since 2021
Kenya’s private sector continued its recovery in October, posting its strongest rate of expansion in nearly four years, according to new data from the...
Yellow Card’s Money20/20 Win Validates Stablecoin Leadership in Emerging Market Payments
Win caps a groundbreaking year of strategic partnerships, major market expansion, and proven stablecoin utility.Yellow Card, the leading stablecoin infrastructure provider for emerging markets,...
Algeria Expands Islamic Finance to Counter Weak Investment Climate
Algeria’s government is widening the use of Islamic financial instruments in an attempt to revive sluggish investment levels and absorb the large amount of...
NNPC Turns to Private Investors to Revive Nigeria’s Long-Idle Refineries and End Fuel Imports
Nigeria’s state-owned oil giant, NNPC Ltd, is actively searching for technical and equity partners to help revive its long-dormant refineries, which have remained idle...
South Africa Reports R15.36 Billion Budget Deficit for September Amid Weak Revenue and Elevated Debt Concern
South Africa’s public finances came under renewed pressure in September, with the National Treasury reporting a budget deficit of R15.36 billion (about US$887 million)....
Botswana Raises Interest Rate to 3.5% as Inflation and Debt Pressures Mount
The Bank of Botswana increased its benchmark interest rate by 160 basis points to 3.5% on Thursday, marking its first rate hike after six...
Ghana: Trade Minister Champions Women’s Role In Agribusiness Transformation At BAWCOF Festival
Hon. Elizabeth Ofosu-Adjare speaking at the BAWCOF Annual Festival held in Techiman, on Tuesday, 28th October, 2025The Minister for Trade, Agribusiness and Industry of...
