Niger to pump more crude as pipeline works accelerate
Masked and helmeted Chinese and Nigerian workers hoist giant steel pipes over mounds of earth. Farther away, smoke billows from
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African Markets
ICT gains N4.1 trillion in 8 months to remain largest sector in Nigeria’s stock market
The Information Communication and Technology (ICT) sector ranked as the most capitalized sector on the Nigerian Exchange (NGX) as of
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Africa and the Caribbean to strengthen trade and investment ties-Muchanga
Albert Muchanga, African Union Commissioner for Economic Development, Trade, Tourism, Industry and Minerals has hinted that Africa and the Caribbean
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Barclays pulls out of African market after almost 100 years with £538million Absa sale
British multinational bank and lender, Barclays announced it has exited the African market after selling its remaining 7.4% stake in
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Expect Nigeria’s high inflation rate to further depreciate the naira – CBN
The Central Bank of Nigeria (CBN) has stated that Nigeria’s high inflation would further reduce the value of the Naira
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African leaders call for a “privileged partnership” with Europe
Tunisian Prime Minister and Benin President are praising the qualities of their countries to encourage French CEOs, gathered at the
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Gov’t pays GH¢485m COLA
The Controller and Accountant General’s Department (CAGD) has made payment of GH¢485 million as Cost of Living Allowance (COLA) for
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Nigeria: FG rakes in N1.09tn from indirect taxes
The Federal Government received N1.09tn from indirect taxes in the first two quarters of 2022, according to data from the
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UBA, African firm partner on innovative payment solutions
The United Bank for Africa Plc and MFS Africa, Africa’s digital payments hub, have entered into a partnership that will
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Egypt president meets with regional leaders in coastal city
Egyptian President Abdel Fattah el-Sissi on Monday met with leaders of Iraq, Jordan, the United Arab Emirates and Bahrain, his
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Protesters storm UN base in eastern DR Congo city
Protesters stormed a United Nations base in the eastern Congolese city of Goma on Monday demanding the departure of peacekeepers
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Protests against rising prices in eastern Uganda
Ugandans protesting the rapidly rising cost of living barricaded streets in the eastern city of Jinja, a major center on
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Russia’s top diplomat reassures Egyptians about grain, on first leg of African tour
Russia’s top diplomat, Sergey Lavrov, reassured Egyptian leaders on Sunday that their orders for Russian grain would be met. The
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Indonesia Waives Palm Oil Export Levy to Cut Bloated Stockpiles
Indonesia will waive its palm oil export levy until the end of August in a fresh attempt to boost shipments
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MPS ready to cede 20% of container traffic for two years – GPHA
Management of Ghana Ports and Harbours Authority (GPHA) has revealed that Meridian Port Service (MPS) has agreed to cede 20
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Zimbabwe central bank to introduce ‘gold coin’ amid inflation crisis
Zimbabwe’s central bank says it will start issuing gold coins as legal tender in late July, as the country battles
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Participants at sixth GITFiC conference call for harmonisation of dispute resolution mechanisms
Participants at the just-ended 6th conference of the Ghana International Trade and Finance Conference (GITFIC) have called for the institution
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Senegal announces record seizure of fake drugs
The Senegalese customs authorities have seized hundreds of boxes of fake medicines worth an estimated 1.7 million euros in the
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Côte d’Ivoire Terminal takes delivery of yard cranes
Cote d’Ivoire Terminal, with a capacity of 1.5m teu is expected to begin operations in 2022. This delivery is part
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Relief for motorists as Kenya opens Nairobi expressway
A new Chinese-built expressway in the Kenyan capital Nairobi will help boost the economy of the African nation, Kenya’s Cabinet
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