Six African countries cited for encouraging terrorism financing
The European Commission has cited six African countries for having deficiencies in their anti-money laundering and counter-terrorist financing frameworks.These African countries are Botswana, Libya,...
Uganda postpones oil production to 2022
Lack of infrastructure and disagreements over taxes and plans with operators have forced Uganda to postpone oil production to 2022.Uganda's Energy Minister Irene Muloni...
Ghana’s inflation rate drops to 9 percent
Ghana’s Inflation rate has dropped significantly from 9.4 percent recorded last December to 9 percent for the month of January this year.This is based...
Eskom declared technically bankrupt
South African Power Provider Eskom is reported to be technically bankrupt according to the portfolio committee of the Country’s Public Enterprise.Eskom generates, transmits and...
Tanzania to ban fish imports from China
Tanzania is to impose a total ban on the importation of fish from China and Vietnam, its Livestock and Fisheries Minister has confirmed.Luhaga Mpina...
Zimbabwe settles debts owed IMF
The International Monetary Fund, IMF has revealed that Zimbabwe has already cleared all its outstanding debts.Director of Communication with the International Monetary Fund Gerry...
Mozambique: Deputy finance minister sacked for fraud
Mozambique’s deputy finance minister, Maria Isaltina Lucas's has been sacked. He is accused of playing a role in alleged issuance of fraudulent government loans...
Ghana targets $2 bn investment by hosting climate event
Ghana is targeting over $2 billion in terms of investment by hosting the Africa Climate week in March.The Ghanaian government hopes to use the...
Ghana announces plans to explore Lithium
Ghana is hoping to attract more investors in the mining sector by announcing plans to explore Lithium.The country's President Nana Akuffo Addo made public...
Trump nominates Malpass for top World Bank job
US Senior Treasury Department Official, David Malpass has been nominated by US President Donald Trump to replace Jim Yong Kim as next president of...



