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Finance

Uganda Seeks $242.6 Million Citibank Loan to Finance Eastern Road Project

LONDON, Aug 20 – Uganda is seeking to borrow up to €207.7 million ($242.55 million) from Citibank to finance the construction of a major road in the country’s eastern …

Ethiopia Central Bank Allocates $500 Million in Forex Auction at 160.21 Birr per Dollar

EDECS Expands DP World Partnership With Dar es Salaam Port Modernisation Project

Economy
Nigeria Energy Inflation Falls to 4.37% in July, Lowest in Four Months

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Ethiopia Central Bank Allocates $500 Million in Forex Auction at 160.21 Birr per Dollar
Egypt Holds Interest Rates at 19% as Inflation and Regional Risks Keep Central Bank Cautious
Global Wheat Supply Faces Pressure as Black Sea Attacks Disrupt Shipments
Kenya Treasury Bond Switch Opens KSh75 Billion Opportunity for Investors
US Funds African Rare Earth Projects as Private Investors Stay Away

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Economy

Nigeria Energy Inflation Falls to 4.37% in July, Lowest in Four Months
by Oluebube Elechi
Kenya Construction Activity Gains Momentum as Cement Production and Building Approvals Rise
by Emmanuel Ebube
South Africa Inflation Eases to 4.3% in July, Strengthening Case for Rate Hold
by Emmanuel Ebube
AFDB Says Eight More African Countries Will be Developing Circular Economy Roadmaps
by Oluebube Elechi
US Lifts 12-Year Port Restriction on Nigerian Vessels, Boosting Maritime Trade Prospects
by Emmanuel Ebube
South Africa Business Confidence Rises to 125.4 in July Amid Inflation Pressures
by Emmanuel Ebube

Wealth

Africa’s Ultra-Wealthy Increase Property Investments as Demand for Wealth Preservation Grows
Abdulsamad Rabiu Becomes Africa’s Second-Richest Person as Wealth Surges
Africa’s Super-Rich Are Turning to Family Offices to Protect Expanding Fortunes

More News

Nigeria Energy Inflation Falls to 4.37% in July, Lowest in Four Months
by Oluebube Elechi
Kenya Construction Activity Gains Momentum as Cement Production and Building Approvals Rise
by Emmanuel Ebube
South Africa Inflation Eases to 4.3% in July, Strengthening Case for Rate Hold
by Emmanuel Ebube
AFDB Says Eight More African Countries Will be Developing Circular Economy Roadmaps
by Oluebube Elechi
US Lifts 12-Year Port Restriction on Nigerian Vessels, Boosting Maritime Trade Prospects
by Emmanuel Ebube
South Africa Business Confidence Rises to 125.4 in July Amid Inflation Pressures
by Emmanuel Ebube