As Europe continues to reduce its dependence on Russian supplies, Algerian President Abdelmadjid Tebboune recently announced ambitious plans to double Algeria’s liquified natural gas (LNG) exports to the region. The …
Economy
- AfricaAFRICA NEWSEconomy
Naira Swap: Kaduna Gov’t Sues For Peace, Warns Against Mass Protest
by Editorby EditorThe Kaduna State Government has appealed for caution and vigilance by all citizens, amid the prevailing situation arising from the currency swap policy challenges. This is as the State governor, …
Africa’s population will continue to be a liability until the continent addressed critical issues relating to the economic welfare and development of its young people, Mr Olusegun Obasanjo, a Former …
- AfricaAFRICA NEWSEconomyFEATURED NEWS
The impact of new currency redesign on the circulation of Naira in Nigeria
by Editorby EditorThe redesign of currency can have a major impact on the circulation of money in an economy. when a new currency is developed, the old one is not necessarily eliminated, …
- AfricaAFRICA NEWSEconomy
Middle East and North Africa revenues of RSM jump by 17%
by Editorby EditorGlobal accounting and consulting network RSM has continued its streak of double-digit growth in financial year 2022, lifting its global fee income by 15% to hit revenues of over $8 …
- AfricaAFRICA NEWSEconomy
African Development Bank’s AFAWA hits $1 billion investment milestone in lending to women entrepreneurs in Africa
by Editorby EditorThe African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative has reached a landmark $1 billion in approved funding designated for lending to African women entrepreneurs. This …
- AfricaAFRICA NEWSEconomy
Top 5 economies in Sub-Saharan Africa to watch out for in 2023, according to IMF
by Editorby EditorDue to its abandoned resources, cutting-edge technology, and sizeable market, Sub-Saharan Africa offers wide business opportunities. According to International Monetary Fund – IMF’s recent World Economic Outlook, 5 of the …
Amidst an ongoing economic crisis, Ghana recorded a $3.64 billion balance of payments deficit in December from $3.4 billion in the previous quarter, according to official data from the central …
- AfricaAFRICA NEWSEconomy
China to Resume Pilot Outbound Tours to Selected Countries
by Editorby EditorOn January 20, 2023, the Chinese Ministry of Culture and Tourism announced that Chinese travel agencies and online tour operators would restart providing pilot outbound group tours. As per the …
- AfricaAFRICA NEWSEconomy
Canadian military contractor sentenced in multimillion-dollar Africa fraud
by Editorby EditorThe U.S. military has two battles it’s fighting in Africa, Assistant United States Attorney Mark Pletcher said Friday in San Diego federal court. One is against extremist groups such as …