IMF and Kenya Explore Reforms Paving the Way for Potential New Loan Programme
The International Monetary Fund (IMF) announced on Friday that its staff visit to Kenya reviewed the country’s latest macroeconomic developments and discussed key reforms...
U.S. Firm Flagship Gold Partners with Mali to Restart Morila Mine
New York-based Flagship Gold Corp has signed a partnership agreement with Mali’s state-owned mining company to restart operations at the Morila gold mine, marking...
Global Honour: Tony Elumelu Recognised with 2025 Appeal of Conscience Award
l-r: Daughter of Tony Elumelu, Tiffany Ogo Elumelu; Dr. Awele Elumelu, accepting 2025 Appeal of Conscience Award on behalf of her husband, Tony Elumelu,...
DR Congo to Build Gold Reserves to Strengthen Franc and Economy as Global Prices Hit Record Highs
The Democratic Republic of the Congo plans to begin accumulating gold reserves to reinforce its national currency and boost economic stability, Central Bank Governor...
Anglo American Reaffirms Commitment to Africa’s Mineral Future Despite Asset Sales
Anglo American CEO Duncan Wanblad has reaffirmed the company’s long-term commitment to Africa, saying the continent remains central to its strategy due to its...
Uganda’s $4 Billion Oil Refinery to Begin Operations by Late 2029 or Early 2030
Uganda’s long-anticipated oil refinery is set to commence operations between late 2029 and early 2030, according to Michael Nkambo Mugerwa, General Manager of the...
Angola Reenters Global Markets with New 5- and 10-Year Dollar Bond Issuance
Angola has returned to international capital markets with the launch of new five-year and ten-year U.S. dollar-denominated bonds, according to a regulatory notice released...
Kenya Switches $5 Billion Chinese Railway Loan from Dollars to Yuan to Cut Costs
Kenya has converted its $5 billion railway loan from China from U.S. dollars to Chinese yuan in a move aimed at reducing interest expenses,...
Hollard Ghana wins CIMG Product of the Year
Hollard Ghana with subsidiaries Hollard Insurance and Hollard Life’s Asomdwee MSME Insurance, has been named as Product of the Year (Services) at the prestigious...
Dangote Launches $2.5 Billion Fertiliser Plant Project in Ethiopia
The President and Chief Executive Officer of the Dangote Group, Aliko Dangote, has led the groundbreaking ceremony for a $2.5 billion fertiliser plant in...
Uganda: Busoga King Hails Michigan Professor On Promoting Busoga History
King William Gabula Nadiope IV (left) honoring DC, Prof. Richard LubogoHis Majesty the Kyabazinga of Busoga, William Gabula Nadiope IV, recently hosted a delegation...
Nigeria Becomes Key Supplier of Crude Oil to Senegal’s Dakar Refinery
Nigeria has emerged as a vital source of crude oil for Senegal’s 30,000-barrels-per-day (kbd) Dakar Refinery, despite Senegal’s recent entry into the league of...
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