Africa

The United Kingdom has announced a major cut to its foreign aid budget, reducing it by 40% — from 0.5% of Gross National Income (GNI) to 0.3%. The move, which …

Ghana’s currency, the cedi, has continued to maintain relative stability against the US dollar and other major international currencies, as noted in the latest figures released by the Bank of …

The Federal Ministry of Foreign Affairs has strongly criticised the African Democratic Congress (ADC) over its recent comments on delays in ambassadorial appointments, describing the party’s statement as “false,” “insulting,” …

Portuguese energy company Galp is now set to begin direct talks with potential partners who have shown interest in joining its oil exploration project in Namibia. The company’s Co-Chief Executive …

The Ministerial Group for Industrial Development has approved three major private free zone industrial projects worth over $216.5 million, expected to generate more than 15,000 direct jobs across key manufacturing …

China has sent a fleet of 31 pure electric mining trucks to Zambia, marking a major step in introducing green technology to Africa’s mining industry. The shipment, organized by Chinese …

Met with a growing loss of foreign currency and mounting pressure on its economy, the Algerian government has intensified its crackdown on fraudulent import practices that have long drained its …

Mali’s transitional government has taken a major step in reshaping its national peace efforts with the presentation of a draft National Charter for Peace and Reconciliation. The document, which is …

Zimbabwe’s economy is showing strong signs of recovery and is expected to grow by more than 5 percent in the second half of 2025, according to new analysis. This growth …

FIRST Exploration & Petroleum Development Company (FIRST E&P) has entered into a strategic partnership with the Tanzania Petroleum Development Corporation (TPDC) to explore and potentially develop the Mnazi Bay North …