Mintesinot Nigussie

CAIRO, Nov 2 – The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, has invested $100 million in …

RABAT, Nov 2 – Financial transfers from Moroccans living abroad reached MAD 103.06 billion ($10.5 billion) in the first nine months of …

CAIRO, Oct 30 – The African Export-Import Bank (Afreximbank) is planning a $1 billion syndicated loan that could include an offshore yuan …

ADDIS ABABA, Oct 28 – Ethiopia has received its first Russian Su-35 fighter jets and expects to take delivery of S-400 air …

WINDHOEK, Oct 28 – The Bank of Namibia raised its benchmark interest rate by 25 basis points to 7% on Wednesday, responding …

DAKAR, Oct 28 – Senegal’s National Assembly will reconsider a revised 2026 budget after the legislature’s finance committee rejected the bill last …

LAGOS, Oct 27 – TotalEnergies has completed the sale of its 10% non-operated interest in oil licences held by Nigeria’s Renaissance joint …

LAGOS, Oct 27 – Tanzania has discovered an estimated 223 billion cubic feet (Bcf) of natural gas in the Mnazi Bay area …

LUANDA, Oct 27 – Africa Finance Corporation (AFC) has selected preferred bidder groups that include Italy’s Webuild and Brazil’s Odebrecht Engenharia & …

LAGOS, Oct 27 – Dangote Petroleum Refinery and Petrochemicals FZE has reportedly secured between $1.5 billion and $1.6 billion in fully funded …