Thursday, October 23, 2025
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Nigeria inflation eases for first time in 15-months

Nigeria's inflation rate bucked the trend in February to fall to 17.78 percent, its lowest level in 15 months, driven by a slower rise...

Kenya’s central bank finalising licences for two new banks

Kenya's central bank said on Monday it would process requests for licences by two new banks, ending a moratorium it put in place in 2015 on licensing new commercial banks.

Zimbabwe wants new South African electricity supply deal

Zimbabwe is negotiationg a new deal to continue importing power from South African utility Eskom to make up for shortfalls in generating capacity at its Kariba hydropower station, the energy minister said on Monday.

Tanzania gives coal mining licence to Dangote

Tanzania has awarded a coal mining licence to the local unit of Nigeria's Dangote Cement as part of plans to lower the company's production...

EAC states to save fish stocks in Lake Victoria

Faced with dwindling fish stocks in Lake Victoria, East African states have moved to institute stringent measures to control fishing in the shared water body.

Nigeria central bank governor defends policy of limiting imports

Hard currency curbs imposed by Nigeria's central bank have helped boost local food production, central bank governor Godwin Emefiele was quoted as saying by two newspapers on Sunday.

South African rand-rigging cases could conclude in July

Sixteen banks accused of colluding to rig South Africa's rand currency could go before the Competition Tribunal to conclude the case in July, after...

Somalia to print new bank notes

For the fast time in a more than a quarter century, Somalia will get new bank notes.

Used car imports drive General Motors out of East African market

American automaker General Motors has exited the East African market after selling its entire stake in General Motors East Africa (GMEA) to Isuzu Motors...

South Africa’s taxis block roads to main airport in Uber protest

South African taxi drivers on Friday blocked roads to Johannesburg's airport, holding up thousands of travellers in the latest protest against ride-hailing app Uber.

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