Nigeria's economy in 2023 faced some nagging challenges, particularly by the country's own hand. Major sectors in the West African nation were impacted by said challenges, including one of the country's premier sectors; agriculture. Production in this industry faced roadblocks in the form of fuel subsidy removal and a monetary policy initiated by t...

China and Tanzania have just inked a Sh25 billion ($9.7 million) deal. The deal which was signed between the Ngorongoro Conservative Authority and the Chinese government aims to continue with the development of the Ngorongoro Lengai Geopark Project. This partnership would aid in improving the country's tourist appeal and lengthening visitors' stays...

Kenya has affirmed that it will continue to uphold its longstanding tradition of recognising One China, with Beijing as its capital. - According to the One-China policy, there is only one China, and Taiwan is considered an integral part of Chinese territory.- Both countries have achieved fruitful results in their pragmatic cooperation, exemplified ...

The Federal Government of Nigeria has secured $7 billion out of the $14 billion investment deal promised to the country during the G20 Summit in India last year. Nigeria had secured pledges worth $14 billion investment deal during the G20 Summit in India last year.Of the $14 billion promised during this visit as an investment into the Nigerian econ...

The military juntas in West African nations Mali, Burkina Faso, and Niger jointly announced their immediate withdrawal from the Economic Community of West African States on Sunday. The juntas accused the regional economic bloc of imposing inhumane sanctions aimed at reversing recent coups in their respective countries. The joint statement, broadcas...

Two British museums are returning looted gold and silver artifacts to Ghana under a long-term loan arrangement as U.K. institutions face increasing demands to hand over treasures acquired at a time when the British Empire ruled over people around the globe. The British Museum and the Victoria & Albert Museum in London, together with the Manhyia...

Two British museums are returning gold and silver artifacts to Ghana under a long-term loan arrangement — 150 years after the items were looted from the Asante people during Britain's colonial battles in West Africa. The British Museum and the Victoria & Albert Museum in London, together with the Manhyia Palace Museum in Ghana, on Thursday anno...

William Troost-Ekong's second-half penalty was enough for Nigeria to jolt its Africa Cup of Nations campaign into life with a 1-0 win over host nation Ivory Coast on Thursday. The "Super Eagles" were under pressure to get a victory after drawing their opening game against Equatorial Guinea and are now all but certain of reaching the knockout stage....

Kenya, a trailblazer in mobile money transactions in Africa, experienced the slowest growth in transfers last year since 2007, following the government's decision to raise excise duty on transaction fees, Bloomberg reported. The value of transactions in the country increased to 7.95 trillion shillings ($49 billion) in 2023.The number of mobile wall...

Cameroon recently launched a vaccination program against malaria to help eliminate the strain the disease has heaped on its health system. This move marks a significant milestone in the West African country given how prevalent the disease has been in the region. The launch of the vaccination program began today.  Cameroon launches milestone ma...

According to Elon Musk, the first human received an implant from his computer-brain interface company Neuralink over the weekend. In a Monday post on X, the platform formerly known as Twitter, Musk said that the patient received the implant the day prior and was "recovering well." He added that "initial results show promising neuron spike detection...

Botswana plans to permit a 1.51% depreciation of its currency against a basket of other currencies in 2024, as it expects that local inflation will surpass price growth in the economies of its trading partners. - Botswana plans to permit a 1.51% depreciation of its currency against a basket of other currencies in 2024.- The need for a downward adju...

After more than nine years of closure due to political and security concerns, Libya's Stock Market reopened for trading on Monday. The stock market also maintains a trading hall in Benghazi, Libya's second city, where trading is expected to commence next week.Out of the ten companies listed on Monday's trading schedule, only three actively particip...

Kenya recently announced its budget for purchasing military equipment for its security personnel. The nation stated that it will spend Sh7 billion ($45 million) every year. The initial budget was lower, but due to the intervention of the country's head of state, some changes were made. Kenya allocates Sh7 billion ($45 million) annually for advanced...

The International Monetary Fund has agreed to a funding program with six East African countries. So far, the global lender has approved the payment of $620.65 million in budgetary support for them including Rwanda, Tanzania, and the Democratic Republic of Congo (DRC). This is a small part of the commitment that totals $1.92 billion.  - IMF com...

The Senegalese navy has seized 690 kg of cocaine being transported to Europe in an ultra-fast go-fast boat and arrested the five Spaniards on board, the army announced in a statement received by AFP on Sunday. The deep-sea patrol boat intercepted the boat on Friday 220 km off the coast of Senegal. The patrol boat had to use verbal warnings and late...

Eskom Holdings SOC Ltd. has requested permission from the National Treasury to finalize an electricity purchase agreement with Karpowership, one of the world's largest operators of floating power plants. Karpowership is one step closer to fulfilling a contract it secured over two years ago to supply South Africa's national grid.The application rais...

In an art gallery in the heart of the Ugandan capital Kampala, abstract paintings by a Ugandan painter hang. Paintings by Charlene Komuntale, a contemporary Ugandan artist, are among many by African artists that have graced these gallery walls over the years. Contemporary African art has a rich and diverse history that dates back to prehistoric tim...

The FIFA organization declared on Sunday the initiation of a new edition of the Club World Cup in June 2025, which will feature renowned football clubs such as Paris Saint-Germain, Manchester City, and Real Madrid. Scheduled to take place in the United States from June 15 to July 13, 2025— a year before the World Cup partially hosted in the USA—the...

Nigeria's headline inflation rate rose to 28.20% in November from 27.33% in October.The inflation rate showed an increase of 0.87 percentage points in the November 2023.Food inflation rate in November 2023 accelerated to 32.84%.The bureau said the November 2023 headline inflation rate showed an increase of 0.87 percentage points in the November 202...