Category: Business
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Rwanda, Kenya sign fuel deal through Northern Corridor
The government-to-government agreement opens Kenya’s port and pipeline infrastructure to Rwanda’s bulk petroleum imports —…
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WhatsApp to let users drop phone numbers in favor of usernames
The Meta-owned app is ending a 17-year rule, giving more than 3 billion users the…
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AU, AfDB, UN Call for Action as Global Instability Hits African Markets
A joint brief by the African Union, African Development Bank, United Nations Development Programme, and…
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From Power Cuts to Fuel Price Surges: Africa’s Gulf Fuel Dependence Exposes Economic Fragility
By: Staff Reporter | [email protected] | Economy News | Africa MONROVIA — From electricity rationing…
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Air Côte d’Ivoire Secures 35 Billion FCFA to Build Aircraft Maintenance Hub
ABIDJAN, Côte d’Ivoire — Air Côte d’Ivoire has secured 35 billion CFA francs (approximately $58…
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Nigerian Banks Raise ₦4.65 Trillion in Recapitalization Drive — CBN
ABUJA, Nigeria — Nigerian banks have raised a total of ₦4.65 trillion (approximately $3–3.5 billion)…
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Mozambique Clears $701M IMF Debt, but Economic Pressures Persist
MAPUTO, MOZAMBIQUE – Mozambique has fully repaid approximately $701 million owed to the International Monetary…
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Sub‑Saharan Africa Shifts from External to Domestic Debt — With New Risks
Governments across sub‑Saharan Africa are increasingly moving away from external borrowing toward domestic debt, a…
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Africa’s 4.3% Growth Outlook Masks Uneven Economic Reality
Africa’s economic outlook is being described as “positive” by the African Development Bank, with projections…
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Ivory Coast Commits $1.1 Billion to Power Grid Overhaul Amid Rising Demand and Outages
Abidjan, Ivory Coast — Ivory Coast has announced a major 700 billion CFA franc (approximately…
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Tanzania’s High‑Speed Internet Market Surges as Fiber Connectivity Expand
Dar es Salaam, Tanzania — Tanzania is witnessing a rapid expansion in high‑speed internet access as fiber‑optic…
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“Open for Business, Not Exploitation”: Boakai’s Fisheries Plan Raises Big Promises — and Bigger Questions
Margibi County, Liberia — President Joseph Nyuma Boakai has launched an ambitious 10-year national fisheries…