Zimbabwe's central bank has printed half of the 'bond notes' quasi-currency it intends to issue under a $200 million scheme, a state newspaper reported on Friday, as the country grapples with a biting shortage of U.S. dollars.
The Kenyan unit of U.S. ride-hailing firm Uber Technologies Inc has increased its fare by 20 percent, a move that follows protests and strikes by Uber drivers who said a lower fare made their service uneconomical.
Nigerian banks have opposed a proposal by Etisalat Nigeria to convert part of a $1.2 billion loan from dollars into naira and want Abu Dhabi telecoms group Etisalat and its other shareholders to recapitalise it instead, a source said.
At a popular Charismatic Church service in Accra, the capital of the West African nation Ghana, hundreds of worshipers gathered to pray. It’s a regular ritual as they seek spiritual solutions to their problems.
A court in Nigeria has directed that the country's Agency for Food, Drug Administration and Control should ensure that the Nigeria Bottling Company Plc warns consumers in the country against taking soft drinks with Vitamin C.