BAMAKO, July 3 – The Government of Mali has established a new state agency to regulate the country’s growing artisanal gold sector …
Emmanuel Ebube
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RABAT, July 3 – Remittances from Moroccans living abroad rose to MAD 50.22 billion ($5.36 billion) during the first five months of …
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LAGOS, July 2 – Nigeria, Africa’s largest oil producer, has officially joined the International Energy Agency (IEA) as an Association country, deepening its …
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RABAT, July 2 – The World Bank has approved $265 million in financing to support the construction of Morocco’s Ifahsa Pumped Hydropower …
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LAGOS, July 2 – Africa Finance Corporation (AFC) has raised US$500 million through a five-year senior unsecured Reg S-only Eurobond, securing the …
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LAGOS, July 2 – Nigeria’s capital market community has rallied behind the country’s recently implemented T+1 settlement cycle after FTSE Russell suspended …
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BEIJING, July 2 – China’s Hengli Petrochemical has cancelled purchases of at least 6 million barrels of non-Iranian crude oil following U.S. …
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Banking & Finance
Morocco’s Banking Network Shrinks as Conventional Lenders Close 151 Branches in 2025
RABAT, July 2 – Morocco’s banking network contracted in 2025, with lenders recording a net reduction of 151 branches as conventional banks …
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Economy
South African Manufacturing Activity Contracts in June as Weak Demand Weighs on Factory Output
JOHANNESBURG, July 1 – South Africa’s manufacturing sector weakened in June, with business activity slipping back into contraction as subdued demand led …
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LAGOS, July 1 – The International Monetary Fund (IMF) has stated that Nigeria’s official budgets have omitted public expenditure equivalent to approximately …