Northern Africa
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Afreximbank announces US$500,000 support for earthquake relief in Morocco
African Export-Import Bank (Afreximbank) has today announced a $500,000 donation to provide immediate humanitarian relief to the Kingdom of Morocco…
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Nigeria’s Tony Elumelu-led UBA posts $512 million half year profit
United Bank for Africa Plc (UBA), the prominent pan-African financial services group led by Nigerian tycoon Tony Elumelu, has sent…
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Egyptian Ashraf Sabry takes $1.5 million hit from Fawry stake
Egyptian fintech founder Ashraf Sabry has seen the market value of his stake in Fawry for Banking Technology and Electronic…
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Rwanda, Cameroon announce major changes in military after Gabon Coup
Rwanda and Cameroon announced major changes in their military forces on August 30, 2023 affecting high-ranking military personnel. This happened…
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Nigeria: Denominating Government Security to the US Dollar
The biggest African economy, Nigeria, has for a long time been operating multiple foreign exchange windows that has overtime led…
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Nigeria’s Eurobonds drop as President Tinubu says no need for petrol price rise
Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more,…
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Google to offer $1.6 million grant for 1 million digital jobs in Nigeria
Google has set aside $1.6 million as a grant to help the Nigerian government create over a million digital jobs…
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