The Tanzanian National Assembly has approved the Agreement for the Establishment of the Africa Finance Corporation (AFC), a move expected to open doors for long-term investment financing aimed at accelerating …
Stanbic IBTC Holdings Plc has successfully listed 2,944,772,083 additional ordinary shares of 50 Kobo each on the Nigerian Exchange Limited (NGX), following the conclusion of its recently completed rights issue. …
Vice President Constantine Chiwenga has sounded a strong warning against what he described as “phantom entrepreneurship” and corrupt practices that threaten Zimbabwe’s economic stability. Speaking at the Zimbabwe National Chamber …
Nigeria, Egypt, and Morocco were the top three African countries that received the highest remittances from their diaspora communities in 2024, according to the newly published State of Africa’s Infrastructure …
The Government of Malawi has successfully secured a promising mining investment deal with the United Arab Emirates (UAE), raising hopes for increased revenue that could drive socio-economic development across the …
Some of the biggest names in Africa’s oil and gas industry are preparing to attend the 24th edition of NOG Energy Week, which will take place from June 29 to …
President Bola Ahmed Tinubu has praised Nigerian governors for their loyalty and commitment to the Renewed Hope Agenda. The President made this known during his official one-day visit to Nasarawa …
The Senior Executive Vice President of the African Export-Import Bank (Afreximbank), Denys Denya, has warned that new threats are emerging against Africa’s development and economic independence, similar to the resistance …
Oando Plc has recorded a profit after tax of ₦113.06 billion in the first quarter of 2025, showing a strong 90.5 percent rise compared to the ₦59.35 billion it posted …
Pay-TV operator, MultiChoice Nigeria, has announced a 50 percent reduction in the price of its basic DStv decoder, bringing the cost down from ₦20,000 to ₦10,000. The move comes as …
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