Business

Ghana’s currency the Cedi has suffered a record fall against the U.S dollar and other major foreign currencies.Bloomberg reports that the slump has significantly...

Rwanda has described allegations of banning imports of goods from neighboring Uganda as baseless.There have been media reports that Rwanda placed a ban on...

South Africa's cash trapped power provider Eskom will receive a $1.6 billion bailout in the coming days from the government.The country’s finance minister made...

Ghana is challenging its addition to a list of 23 countries with weak framework for tackling anti-money laundering and the Financing of Terrorism.It's finance...

Rwanda could soon make history in Africa by officially opening a new smartphone factory in April.The country’s minister of information and communication technology Paul...

Kenya’s public debt has reached $51.7 billion according to the country's 2019 medium term debt management strategy.The document was tabled in parliament last week.The...

Egypt is on the brink of establishing the first cashless city as its new administrative capital in the coming years.The North African country has...

Somalia has rejected claims by Kenya that oil blocks in a disputed section of the Indian Ocean have been auctioned.The dispute over the maritime...

A dispute over a maritime border between Kenya and Somalia has escalated forcing Kenya to recall its ambassador to Somalia.The Kenyan foreign ministry confirmed...

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,...