Dubai has established a specialised court focused on combating money laundering, in a move to “strengthen the integrity of the …
Ogunlesi quoted Fashola to have said that the regulations were developed after extensive consultations with various stakeholders. Almost two years …
Investors pulled less money from UK-based property funds in July compared with previous months, as optimism about the sector grew …
Winchester is the least affordable city to buy a home in, says Halifax. Its figures suggest buying a home in …
Kenya has lost footing in its main export market in Uganda, losing out to Tanzania in the wake of long-drawn …
The market cap of Bitcoin gained $220.24bn in 30 days according to analysis of data on CoinMarketCap. On July 8, …
Nigeria is estimated to have lost N132.8bn (approximately $366,88m) since Twitter was banned in Nigeria by the Federal Government. The …
Rwanda has raised $620 million through the issuance of a 10-year Eurobond, authorities said in a statement released late on …
Higher prices of cooking oil, beef, and bread have pushed food inflation to a 14-month high of 8.8 percent, straining …
The Central Bank of Nigeria (CBN) has stated that it would not supply foreign exchange (FX) to BDCs in the …
The government in Tanzania is reviewing a newly imposed levy on mobile money following a public outcry. The tax, which …
As public outcry continues growing over newly introduced mobile phone transaction levies, Tanzanian mobile phone users bow brace for a …
African leaders gathered in Abidjan, Ivory Coast to plead with the World Bank for new aid plans to finance their …
Tanzanians now have to pay more every time they send or receive money via their phones A new so-called “patriotism …
The Government is working on modalities that will allow pension funds to invest their monies offshore, Finance and Economic Development …
Nigeria’s tax authority asked lenders to freeze MultiChoice Group Ltd.’s local bank accounts to recover 1.8 trillion naira ($4.4 billion) …
Zimbabwe’s central bank announced the introduction of a new 50-dollar note, the country’s highest denomination, worth only around $0.60 in …
French President Emmanuel Macron has inaugurated the France-Nigeria Business Council – a private sector initiative to enhance business relations between …
Binance, the world’s biggest crypto-currency exchange, has been banned by the UK. The UK’s financial regulator, the Financial Conduct Authority …
South Africa’s headline consumer price inflation rose to a 30-month high in May, driven by surging food and fuel prices, …
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has called for lower trade costs to boost Africa’s …
Nigeria has exported commodities worth $2.48 billion to South Africa in the past 24 months with Nigeria accounting for 64 …
Kenya has received a $750 million loan from the World Bank to support its budget and help the East African …
The waiver is expected to help achieve target of 80 percent of internet users by 2025The waiver is expected to …
Zimbabwe’s mines said that they had kicked-off crunch meetings with banks, government and the Minerals Marketing Corporation of Zimbabwe (MMCZ) …
The Central Bank of Nigeria (CBN) said that its digital currency might be launched by the end of 2021. Mrs …
The demand for camel milk has gone up in Kenya, Uganda and Rwanda in the past year amid a quest …
The funds comprise a loan of $36.77 million from the Bank Group’s African Development Fund and a $47.45 million ADF …
The credit will provide six million people with basic drinking water services and 1.4 million people access to improved sanitation …
The African Development Bank Group (www.AfDB.org) and the Government of Tanzania have signed loan agreements totalling $140 million to finance …
Bitcoin fell 13 percent on Sunday after the world’s biggest and best-known cryptocurrency suffered another sell-off that left it down …
The World Bank has revealed a spending plan of $150 billion to support Africa in the next five years. Speaking …
Bitcoin tumbled below the $40,000 mark on Wednesday to a 3-1/2 month low and dragged down the prices of other …
Paxful, a global peer-to-peer fintech, has said Nigeria is now its biggest market with a volume of $1.5bn. It disclosed …
Deputy Minister of Natural Resources and Tourism Mary Maganga said all payments from the file should be made through the …
As part of the efforts to protect the sugar industry, which is governed by the Nigerian Sugar Master Plan (NSMP), …
The world’s smallholder farmers produce around a third of the world’s food, according to detailed new research by the Food …
Sterling Bank Plc has launched ‘OnePay for Business’, a mobile app that empowers merchants to use their mobile phones as …
Uganda tabled its complaints at the East African Summit, hoping to end the year long blockage of some products including …
Minister of Information, Kojo Oppong Nkrumah, announced this to the press in Accra. He stated that despite the challenges posed …
Ugandans are making disparaging comments on social media about the multibillion-dollar oil pipeline deal that the country has signed with …
As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) in the …
An oil exploration tower is pictured in Tonya on the shore of Lake Albert on April 25, 2008. Uganda and …
The new US administration wants to make sure that the negotiations for a bilateral trade agreement and talk’s objectives are …
Coronavirus restrictions have exacerbated hunger in urban Zimbabwe, where at least 2.4-million people are now struggling to meet basic food …
London stocks were set for a muted open on Monday as Covid restrictions in England ease, with groups of six …
Nigeria, home to the world’s largest number of extremely poor people, looks set to break another record: the highest jobless …
Bank of America (BOFA) came out with the latest EUR/USD forecast while suggesting a highly uncertain outlook for the major …
