Nigeria Moves to Standardize Islamic Finance Reporting with Adoption of Global AAOIFI Framework
Nigeria is set to take a major step toward strengthening its non-interest financial sector as the Financial Reporting Council of Nigeria (FRC) announced plans...
Senegal Rejects IMF Push for Debt Restructuring as Sonko Says Accepting It Would Tarnish Nation’s Reputation
Senegal’s Prime Minister Ousmane Sonko has publicly rejected proposals from the International Monetary Fund (IMF) for a restructuring of Senegal’s soaring public debt, calling...
Yellow Card Appoints Former PayPal and dLocal Executive Maria Oldham as Chief Operating Officer
Yellow Card, one of the largest licensed stablecoin-based infrastructures with capabilities spanning 34 countries, with a network spanning Africa, and other key global markets,...
WFP says food assistance for eastern Congo could grind to a halt within months as funding collapses
The United Nations World Food Programme (WFP) has issued a stark warning that its life-saving operations in the eastern Democratic Republic of Congo could...
U.N. says enforced disappearances continue in Syria, adding to more than 100,000 missing from Assad era
The United Nations human rights office says it has verified at least 97 cases of abductions or disappearances across Syria so far this year,...
IMF boosts Zimbabwe’s 2025 forecast as farming rebound and mining boom strengthen economy
The International Monetary Fund has raised its economic growth expectations for Zimbabwe in 2025, pointing to a faster-than-expected recovery supported by stronger harvests and...
India’s President begins landmark Africa tour, marking first-ever state visits to Angola and Botswana
India’s President Droupadi Murmu will embark on a historic six-day visit to Angola and Botswana from 8–13 November, becoming the first Indian head of...
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...
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