Africa

Nigeria will continue its $3.5bn civil claim against Shell Plc and Eni SpA after Italian prosecutors dropped criminal proceedings against the companies, a lawyer representing Africa’s largest crude producer said. …

Dangote Industries Limited, DHL, has successfully completed its N187.6 billion series 1 bond issuance which is the largest corporate bond ever issued in the history of the Nigerian capital market. …

The International Monetary Fund (IMF) has approved a 40-month $1.04 billion credit facility to Tanzania to catalyze growth and withstand spillover effects from the war in Ukraine. Following the approval …

Kenya’s tourism sector is targeting group travellers as a strategy to increase its share of the market and improve visitor arrivals into the country as the sector fully recovers. The …

MTN Nigeria Communications Plc has applied to the Securities and Exchange Commission in respect of the registration of a new N200 billion Bond Issuance Programme. This was contained in a …

Chinese technology firm, Huawei, has said it will support Kenya to boost its cyber security amid growing threats of digital attacks. Maureen Mwaniki, the Vice-Director of Programs Management at Huawei …

A global Edge solutions provider, inq., has announced a partnership with Swedish Enea AB to boost 5G deployments in Africa. Andile Ngcaba, Executive Chairman of inq., confirmed on Monday in …

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 14 per cent from 13%. CBN Governor, Godwin …

President Muhammadu Buhari on Tuesday unveiled the new Nigerian National Petroleum Company ( NNPC) Limited, a landmark event that officially changes the oil firm from a wholly state-run entity to a …

The Nigerian National Petroleum Company (NNPC) Limited has approved a new pump price after weeks of promises that it will retain N165. NNPC, in a notice to fuel marketers, directed …