Economy
Breaking and the latest news relating to African Economy.
Kenya: President Ruto arrives in China for four-day state visit
Kenya's president, William Ruto, arrived in Beijing on Tuesday evening for the start of a four-day state visit to China....
Read moreDetailsNigeria partners UK on gas sector framework
The Nigerian government has taken a step towards strengthening its gas sector regulatory framework through partnership with the United Kingdom’s...
Read moreDetailsCentral Africa’s new FX initiative falls short of target, oil industry sources say
Six Central African nations expecting a foreign exchange windfall of billions of dollars from environmental restoration funds set aside by oil firms...
Read moreDetailsIMF reaches staff-level agreement set to unlock $441 mln for Tanzania
The International Monetary Fund on Thursday said it had reached a staff-level agreement with Tanzanian authorities that, once approved, would...
Read moreDetailsNigeria signs minerals pact with South Africa in diversification push
Nigeria and South Africa have signed an accord to boost cooperation in mining, Nigeria's mines minister said on Thursday, highlighting...
Read moreDetailsKenya secures $600 million in short-term financing for roads
Kenya has received $600 million in short-term financing from commercial banks, backed by the country's fuel levy collections from motorists,...
Read moreDetailsIMF reaches staff-level agreement with Gambia, giving it access to part of $100.9 mln
The International Monetary Fund and Gambian authorities reached a staff-level agreement that would give the West African nation access to...
Read moreDetailsUK’s Tullow Oil to sell Kenya assets for at least $120 million
West Africa-focused oil and gas explorer Tullow Oil said on Tuesday it would sell its assets in Kenya to Gulf...
Read moreDetailsGhana orders foreigners to exit gold market by April 30
Ghana has ordered foreigners to exit its gold trading market by the end of the month, a new government body...
Read moreDetailsFormer Mauritius central bank governor charged with fraud, freed on bail
Harvesh Seegolam, the former central bank governor of Mauritius, was charged with fraud on Thursday and released on bail, his...
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