South Africa’s financial markets showed signs of renewed strength on Tuesday, as the rand firmed and government bonds rallied, supported by growing investor optimism that the country could be moving …
Olympia Capital Holdings Limited has announced a net profit of KSh 17.6 million for the financial year ended 28 February 2025, reflecting a 50 percent decline from the KSh 35.2 …
Uganda’s Ministry of Energy has announced a new fuel policy that will require all petrol sold in the country to be blended with locally produced ethanol starting January 2025, a …
The United Nations World Food Programme (WFP) has issued a stark warning that food assistance for Sudanese refugees in four neighbouring countries could be completely suspended within the next two …
Kenya’s plan to build its first nuclear power plant has taken a new direction as the government shifts focus from Kilifi County to Siaya County, following strong opposition from residents …
A military helicopter belonging to the African Union peacekeeping forces in Somalia crashed and burst into flames during a landing attempt at Mogadishu’s Aden Adde International Airport on Tuesday, according …
MTN Uganda has announced a new exit option for its minority retail investors as the telecom company prepares to separate its mobile money business, MTN MoMo, from its main telecom …
The Nigerian naira appreciated against the US dollar across both official and parallel foreign exchange (FX) markets on Tuesday, July 2, 2025—the first trading day of the new month. This …
South Africa has secured a fresh $474.6 million loan from the African Development Bank (AfDB) to support the country’s ongoing efforts to improve its struggling transport and energy infrastructure. The …
In June 2025, Nigeria’s National Assembly approved another extension of the capital portion of the 2024 national budget, moving its implementation deadline to December 31, 2025. This marks the second …