IFC, Authority partnership to birth Ethiopia’s secondary bond market Ethiopia’s bond market is at a turning point as authorities prepare to introduce a new secondary trading platform. This disruption comes …
Editor
In Bujumbura, Burundians are reacting to the new 5,000 and 10,000 Burundian franc banknotes recently put into circulation. It comes as they experience difficulty in exchanging their old notes for …
By Dele Sobowale An invasion of armies can be resisted; but not an idea whose time has come – Victor Hugo, 1802-1885. The Age of Oil is coming to a sad …
West and Central Africa’s largest carrier, Air Peace, has concluded plans to commence direct flights from Nigeria to Jeddah, Saudi Arabia. The inaugural flight is slated to take place in …
The Naira on Monday lost against the Dollar as it exchanged at N773.50 at the Investors and Exporters window. The local currency depreciated by 7.08 per cent against the N736.62 …
- AFRICA NEWSBanking, Finance & Investment
World bank to lend Zambia $210m as country targets to double CDF to K56m per year
by Editorby EditorWorld bank to lend Zambia $210 million as country targets to double CDF to K56m per year. The World bank under the Zambia Devolution Support Project will fund the Zambia …
- AFRICA NEWSBanking, Finance & InvestmentINVESTMENT
Crashing barriers: Angola’s female entrepreneurs
by Editorby EditorFrom SMEs to corporates, Angola taps the power of women in business. In this edition of Business Angola, we look for the stories behind a statistic: a global study finds …
- AFRICA NEWSSouthern AfricaTravel & Tourism
Tourism set to bloom in Angola’s desert region
by Editorby EditorThe south-west African country is waking up to its tourism potential, offering opportunities for visitors and investors alike. The south-west African country of Angola is waking up to its tourism …
- AFRICA NEWSBanking, Finance & InvestmentBusiness and Economy
Sudan conflict delivers fresh blow to China’s African lending strategy
by Editorby EditorBeijing’s loans to Sudan at risk as Chinese lenders hit by series of defaults across continent The conflict in Sudan has dealt a fresh blow to China’s strategy of financial …
- AFRICA NEWSEconomy
Libyan Legislative and Executive Bodies Spend $770 Million in 8 Months
by Editorby EditorNew financial records reveal that Libyan legislative and executive bodies have spent over $770 million in public funds during the first 8 months of 2023. The vast majority of these …