With $20.1 billion in remittances in 2021, Nigeria was the second-highest recipient in Africa, trailing only Egypt ($28.3 billion). Although Egypt and Nigeria received over half...
Foreign Refiners Compete as Domestic Demand Slumps and Russia Surges
The African Development Bank's Facility Launches Ambitious Expansion Plan to Address Water and Sanitation Needs Across Africa.
President Putin affirms Russia's commitment to Africa's development and self-determination, promising continued support and humanitarian aid, including record grain supplies amidst global challenges.
Egypt Turns to UAE for $400 Million Loan to Tackle Wheat Shortage amid Soaring Commodity Prices
Seamless North Africa 2023 witnesses the historic signing of a Memorandum of Understanding (MOU) between the Central Bank of Nigeria (CBN) and the Central Bank of...
The remaining $35 million is being financed through Banque pour le Commerce et l'Industrie Mer Rouge (BCIMR) of Djibouti.
President Mnangagwa signs "Patriotic Bill," stifling dissent and raising concerns over democratic freedom
The Democratic Republic of Congo (DRC) is undertaking an ambitious upstream drive in the hopes of attracting new players to the market, increasing production and ushering...
Record-breaking inflation in Egypt raises concerns over price stability and economic growth