Ethiopia’s Economic Reforms Face Donor Support Decline
Ethiopia’s ambitious economic reform program under a $3.4 billion International Monetary Fund agreement confronts mounting
Business and Economy
Petroleum Industry Act Generates $16B Investment, ₦50.8T Revenue
Nigeria’s Petroleum Industry Act has attracted over $16 billion in investment commitments and generated ₦50.8
NNPC Commits $3.5B Gas Investment in Akwa Ibom
Nigerian National Petroleum Company Limited has announced a transformative $3.5 billion investment program to develop
Nigeria’s Mining Reforms Spark Continental Investment Interest
Nigeria’s transformative mining sector policies have generated over $800 million in new investments during 2024,
Stanbic IBTC Secures $125M China Development Bank Loan
Stanbic IBTC Bank has successfully negotiated a three-year CNY800 million ($125 million equivalent) term loan
Sub-Saharan Investment Banking Earnings Hit 13-Year Low
Investment banking revenues across Sub-Saharan Africa plummeted to $169.3 million in the first half of
Nigeria Targets Fish Import Ban, Boosts Production
Nigeria’s headline inflation rate decreased to 22.22% in June 2025, marking the second consecutive monthly
Togo Launches Plan to Improve Public Hospitals
Togo’s health authorities are preparing a “Hospital Establishment Project” to improve regional and prefectural public
BoG to Crack Down on Dollar Use
The Bank of Ghana will take tough steps to stop the widespread use of dollars
Mahama Declares Illegal Mining a National Emergency
President John Mahama has labeled illegal mining a national emergency due to its destructive impact