Kenya Faces Growing Debt and Economic Challenges After Protests Derail Finance Bill
The ballooning debt in East Africa’s economic hub of Kenya is expected to grow even more after deadly protests forced […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
PENGASSAN President Blames Fuel Scarcity on Bad Roads and Ineffective Railway System
President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has attributed the current scarcity
Nigerian Exchange Group Suspends Trading for Unity Bank, NPF Microfinance Bank, and Six Other Companies
The Nigerian Exchange Group (NGX) has suspended trading of shares for Unity Bank, Nigerian Police Force Microfinance Bank, and six
Court Decision May Greenlight New Reservoir for Panama Canal Amid Drought
Waterway managers announced on Monday that a recent court decision might pave the way for constructing a new reservoir to
Fuel Scarcity Worsens in Abuja and Surrounding States, Transport Fares Soar
Residents of Abuja, Nasarawa, and other surrounding states are grappling with long fuel queues at filling stations, despite assurances from
Nigeria’s Federal Government Suspends Import Duties on Key Food Items for 150 Days
In a significant policy move, Nigeria’s Federal Government announced on Monday the suspension of duties, tariffs, and taxes on the
Nigerian Government Denies Signing EU Agreement for $150 Million Loan
FCT, Abuja — The Nigerian government has refuted claims of signing an agreement with the European Union (EU) to secure
ECOWAS Set To Unveil Single Currency ECO
Finance Ministers and Central Bank Governors from the 15 Economic Community of West African States have advanced plans to launch
African Business News
Gabon Resolves Payment Dispute with World Bank
Libreville, Gabon – Gabon’s government has resolved its payment dispute with the World Bank, following issues that previously hindered the
Chinese EV Manufacturers Flock to Morocco Amid U.S. Subsidies and Tariffs
Tangiers, Morocco – In response to the United States’ new subsidies aimed at boosting domestic electric vehicle (EV) production and
Govt Must Act Fast To Stop Investors From Leaving In Droves — Dangote
Aliko Dangote, the President, Dangote Industries Ltd has identified solutions to sustaining existing local and foreign investments as well as
OPEC Projects Global Oil Demand to Reach 116 Million Barrels Per Day by 2045
The Organisation of the Petroleum Exporting Countries (OPEC) forecasts that global oil demand will rise to an estimated 116 million