Nigeria Issues $347 Million in Bonds to Clear Power Sector Debt
Nigeria issued ₦501 billion ($347 million) in bonds to begin settling more than a decade of debt owed to electricity...
Nigeria issued ₦501 billion ($347 million) in bonds to begin settling more than a decade of debt owed to electricity...
Equatorial Guinea has officially moved its capital from the island city of Malabo to Ciudad de la Paz, or City...
Diana Orembe, co-founder of Tanzania-based biotech startup NovFeed, has won the 7th edition of the Africa’s Business Heroes (ABH) Prize...
Four African countries, namely Nigeria, South Africa, Mozambique and Burkina Faso, have been removed from the Financial Action Task Force...
The Government of Angola, in partnership with the African Development Bank and the European Union, has launched the $124 million...
Africa is losing an estimated $88 billion every year due to illicit financial flows, according to a new report by...
“Africa is watching. The youth are waiting. It is time for action,” declared Dr. Sidi Ould Tah on Monday as...
Ethiopia has signed a $2.5 billion shareholder investment agreement with Nigeria’s Dangote Group to build a massive fertilizer production complex,...
ABUJA - Nigeria has launched a new initiative to attract $500 million in climate funding to support clean energy, infrastructure...
CAIRO - The African Export-Import Bank (Afreximbank) announced Monday it is providing $3 billion in financing to help African countries...