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Finance

Leading Nigerian Banks Earn N165.27 Billion From e-banking in Q1 2025 Due to Fintech Competition

May 19, 2025 Pawla Nibramich 0

Despite growing competition from fintech companies, eight major Nigerian banks—including Zenith, Access, and UBA—reported a combined electronic banking income of N165.27 billion in the first […]

Nigeria’s inflation rate falls to 23.71% in April 2025

May 17, 2025 Pawla Nibramich 0

The NBS (National Bureau of Statistics) says Nigeria’s headline inflation rate slightly decreased from 24.23 per cent in March to 23.71 per cent in April […]

Ethiopia expects $1.7 bln in mostly Chinese investments

May 16, 2025 Pawla Nibramich 0

The Ethiopian finance ministry said that deals worth $1.7 billion by mostly Chinese firms operating in energy and minerals have been signed. The deals include […]

Nigeria Records Strongest Economic Growth in a Decade Amid Structural Reforms

May 14, 2025 Geraldine Boechat 0

In 2024, Nigeria achieved its highest economic growth in ten years, according to the World Bank, marking a significant recovery driven by bold structural reforms […]

French AFD Supports OCP’s Green Transition Program with €350 Million

May 13, 2025 Khalid Al Mouahidi 0

The French Development Agency (AFD) and Morocco’s fertilizer giant OCP Group have signed a €350 million financing agreement to support OCP’s ambitious green investment program, […]

Mozambique’s Soaring Debt Poses Mounting Fiscal Risks Despite External Relief

May 13, 2025 Steven Addamah 0

Mozambique’s public debt ballooned by 26.2% over five years, reaching a record US$16.2 billion at the close of 2024, according to a newly released report […]

French Development Agency Expands its Investments in Morocco to Saharan Provinces

May 11, 2025 Khalid Al Mouahidi 0

The French Development Agency (AFD) group is expanding its investments in Morocco to the Sahara provinces with plans to inject around €150 million in these […]

Kenya Targets Lower Budget Deficit Amid Austerity Push and IMF Pressure

April 30, 2025 Steven Addamah 0

Kenya’s Government has announced on Tuesday 29 April plans to cap its fiscal deficit at 4.5% of GDP for the 2025/26 financial year, a modest […]

Zimbabwe Seeks Reduction in US Tariffs through Direct Talks

April 29, 2025 Steven Addamah 0

Zimbabwe’s Finance Minister, Mthuli Ncube, revealed on Sunday, April 27, that the country has engaged in direct negotiations with the United States to seek a […]

VAT Hike Abandoned Amid Coalition Tensions in South Africa

April 25, 2025 Steven Addamah 0

Plans to raise South Africa’s value-added tax (VAT) have been abandoned on April 24 by the Finance minister, following intense opposition from coalition partners. The […]

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News

  • Morocco-water stress: Perforation of Al Massira dam sets new civil engineering standard for Africa

    May 24, 2025 0
  • Grain and geopolitics: Russia tightens grip on the Sahel

    May 24, 2025 0
  • Morocco Chairs Africa Day Celebration in Berlin for Third Consecutive Year

    May 24, 2025 0
  • President Tinubu Endorsed by Nigeria’s Ruling Party for Re-election in 2027

    May 23, 2025 0
  • DRC: Senate Removes Former President Joseph Kabila’s Immunity

    May 23, 2025 0

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  • Morocco-water stress: Perforation of Al Massira dam sets new civil engineering standard for Africa
  • Grain and geopolitics: Russia tightens grip on the Sahel
  • Morocco Chairs Africa Day Celebration in Berlin for Third Consecutive Year
  • UK Agrees to Give Mauritius Chagos Islands in a Deal That it Claims Safeguards a Vital US Base
  • Kenya Urges Africa to Have Inclusive Agri-finance
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