United States President Donald Trump is set to host the leaders of five African countries at the White House next week for high-level discussions on trade and investment, but Africa’s …
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Gun Violence, Civil Unrest Spark Global Travel Warnings to the U.S. from Allies
In a sharp reversal of roles, several countries that are traditional allies of the United States, including Australia, Canada, the United Kingdom, and New Zealand, have issued travel advisories warning …
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AfricaAFRICA NEWSDevelopmentEnergyGOVERNMENTInfrastructurePoliciesTANZANIA
Tanzania Moves Forward With Nuclear Energy Plan
The Ministry of Energy has begun taking initial steps to implement President Samia Suluhu Hassan’s directive to introduce nuclear energy as part of Tanzania’s long-term plan for electricity generation. The …
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BusinessBusiness PoliciesEconomyEnergyINVESTMENTNigeriaOil & GasPolicies
Bureaucracy, Regulatory Hurdles Threaten Investment in Nigeria’s Oil and Gas Sector – Neconde Energy
The Nigerian oil and gas industry is battling serious investment and operational setbacks caused by excessive bureaucracy and a complex regulatory framework, according to Neconde Energy Limited, one of the …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesNewsPoliciesSouth Africa
South African Inflation Expectations Crushed
South African analysts, business leaders, and trade unions have lowered their inflation expectations for the coming years, according to the latest survey released on Wednesday. This shift could encourage the …
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesKenyaPolicies
East African Central Banks Turn to Gold to Boost Foreign
East African countries are gradually shifting their foreign exchange (FX) reserve strategies by adding more gold, a move aimed at reducing dependence on the U.S. dollar and protecting their economies …
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AfricaAFRICA NEWSBusiness and EconomyEconomyMarketsPoliciesSouth Africa
South African Rand and Bonds Strengthen on Optimism Over Possible Inflation Target Cut
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 …
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AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyEnvironmentPoliciesUGANDA
Uganda to Begin Ethanol Fuel Blending in 2025
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 …
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GOVERNMENTNewsNigeriaPoliciesTechnologyTelecommunications
SIM Registration, Replacement Services Halt Nationwide as Telcos Migrate to New NIMC Platform
Millions of mobile phone users in Nigeria are currently unable to register new SIM cards or carry out SIM-related services such as SIM swaps and replacements. This follows a major …
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Banking, Finance & InvestmentEconomyFinance & ServicesMarketsNigeriaPolicies
Nigeria’s Money Supply Falls Again in May as CBN Tightens Liquidity to Tame Inflation
Nigeria’s total money supply dropped again in May 2025, marking the second decline this year, according to new data released by the Central Bank of Nigeria (CBN). The figure for …