OPEC to Fund Feasibility Study of $25bn Nigeria-Morocco Gas Pipeline
03/05/2022The Organisation of Petroleum Exporting Countries (OPEC) Fund has announced a $14.3 million contribution to Phase II of the feasibility study for.
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Kenyan President hikes country’s minimum wage by 12%
03/05/2022Kenyan President, Uhuru Kenyatta, said his government would immediately hike the country’s minimum wage by 12% on Sunday to help workers cope.
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Central African Republic Adopts Bitcoin as Legal Tender
30/04/2022The Central African Republic, CAR, has adopted Bitcoin as the official currency, alongside the CFA Franc, which it currently uses, and legalised.
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Kenya to receive $244m budget support from IMF
27/04/2022The International Monetary Fund, IMF, plans to release $244 million to Kenya to finance its budget “in the coming weeks” after its.
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Orange’s quarterly sales boosted by Africa and Middle East
27/04/2022Orange, France’s biggest telecoms operator, said high growth in its Africa and the Middle East operations offset declines in revenue in its.
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Kenya moves to reduce interest on foreign debt
25/04/2022Kenya is reviewing the currency composition of its external debt to reduce currency volatility which has seen the cost of its dollar-denominated.
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Italy inks gas supply deals in Angola and Congo-Brazzaville
23/04/2022The Italian government has rapidly finalised its latest deals to secure fresh gas supplies from Africa, which is intended to help replace.
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China committed to joining Zambia creditor committee – IMF’s Chief
23/04/2022China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director, Kristalina Georgieva, said on Thursday, amid complaints from Zambia’s.
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Burundi’s Economic Rejuvenation Strategy Unveiled
23/04/2022Like other countries across the globe, the COVID-19 pandemic disrupted the economic growth of Burundi and affected the balance of payment. In.
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Uber Appoints Imran Manji as Head of East Africa
21/04/2022Imran Manji has been named the new Head of East Africa for Uber, a ride-hailing firm. He will be in charge of.
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