Oil surge hits Africa, weakening 29 currencies despite ceasefire.
Rising global oil prices, fuelled by tensions in the Middle East, are placing significant strain on African economies, weakening currencies,
Madagascar announces an energy crisis amid fuel shortages triggered by tensions in the Middle East.
Madagascar has announced a 15-day nationwide energy emergency after fuel shortages spread across the country, driven by supply disruptions linked
Zenith Bank expands into East Africa through a Kenya acquisition.
Zenith Bank PLC has officially expanded into Kenya’s banking sector after finalising the complete takeover of Paramount Bank Limited, marking
Ghana discloses a $2.5 billion yearly trade deficit
Elizabeth Ofosu-Adjare, Ghana’s Minister for Trade, Agribusiness and Industry, has revealed that the country loses about $2.5 billion in export
Zimbabwe launches new bank notes aimed at boosting confidence in local currency
Zimbabwe launched its upgraded banknotes on Tuesday with an appeal to national pride and confidence. The BiG5 series features the
Pentagon cancels press briefing with defense secretary, joint chiefs of staff
A press briefing scheduled to take place at 8 am (1200GMT) in the Pentagon has been cancelled. “Tomorrow’s press briefing
‘Europe heading towards most serious energy crisis of all time,’ Hungarian premier warns
Hungarian Prime Minister Viktor Orban warned on Tuesday that Europe is moving towards the “most serious energy crisis of all
Trump says ‘whole civilization will die tonight’ as Iran deal deadline looms
US President Donald Trump on Tuesday threatened that “a whole civilization will die tonight,” as his deadline for reaching a
Dangote reports March crude deliveries to Africa’s biggest refinery doubled.
The Dangote Petroleum Refinery received ten shipments of crude in March from the Nigerian National Petroleum Company Limited (NNPC), according
DBG announces $500 million financing facility to boost oil palm industry transformation.
The Chief Executive Officer of Development Bank Ghana, Prof. Randolph Nsoh-Ambala, stated that the government’s $500 million financing facility for