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AfDB Approves $31 Million to Boost Climate Resilience in Africa

AfDB Approves $31 Million to Boost Climate Resilience in Africa

The African Development Bank (AfDB) has approved over $31 million in funding to support climate resilience initiatives in Sierra Leone,…
Nigeria Keeps Benchmark Lending Rate Unchanged

Nigeria Keeps Benchmark Lending Rate Unchanged

On Thursday, Nigeria’s central bank decided to maintain its benchmark interest rate following a series of six increases in the…
MANSA Secures $10M to Revolutionize Cross-Border Payments

MANSA Secures $10M to Revolutionize Cross-Border Payments

MANSA, a rising star in the global fintech scene, has clinched a $10 million funding round, propelling its mission to…
Russia Keeps Oil Exports Flowing Despite Sanctions with New Shipping Tactics

Russia Keeps Oil Exports Flowing Despite Sanctions with New Shipping Tactics

Russia has once again demonstrated its ability to navigate Western sanctions, keeping crude oil exports moving through its main Pacific…
Morocco Plans First Eurobond Sale to Fund Economic Reforms, World Cup Preparations

Morocco Plans First Eurobond Sale to Fund Economic Reforms, World Cup Preparations

  Morocco is set to issue euro-denominated bonds on the international market for the first time since 2020, to finance…
Ethiopia Bondholders Fault IMF Over Report on Solvency

Ethiopia Bondholders Fault IMF Over Report on Solvency

The International Monetary Fund (IMF) is on the receiving end after it published a report indicating Ethiopia is facing liquidity…
Kenya Sees 9,000 Govt Employees Drop Over Hiring Freeze

Kenya Sees 9,000 Govt Employees Drop Over Hiring Freeze

Over the past two years, Kenya’s civil service has experienced a significant reduction in its permanent and pensionable workforce, with…
Ethiopia Partners with ATIDI to Boost Renewable Energy Investments

Ethiopia Partners with ATIDI to Boost Renewable Energy Investments

Ethiopia’s Ministry of Finance and Ethiopian Electric Power (EEP) has signed a Memorandum of Understanding (MoU) with the African Trade…
How Treasury Has Allocated Extra Ksh.5 Billion to Ruto, Kindiki, Mudavadi

How Treasury Has Allocated Extra Ksh.5 Billion to Ruto, Kindiki, Mudavadi

The Kenyan government has allocated an additional Ksh.5 billion to State House Deputy President Kithure Kindiki, and Prime Cabinet Secretary…
Ethiopian, UK Sign $600M Deal for Dairy and Farming Project

Ethiopian, UK Sign $600M Deal for Dairy and Farming Project

The Ethiopian Investment Holdings (EIH), in collaboration with the Ethiopian Agricultural Business Corporation (EABC) and UK-based private equity firm Asset…
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