Burundi’s Finance Minister, Audace Niyonzima, announced on Thursday that the country’s budget for the 2024/25 financial year, starting in July, will increase by 15.9% to […]
Ethiopian authorities seek to borrow 3.5 billion dollars from the IMF and a similar amount from the World Bank to meet its hard currency needs, […]
Massive amounts of gold, worth billions of dollars, are illegally smuggled out of Africa annually, with most of it ending up in the United Arab […]
African economies remain resilient and its growth potential in 2024 is “remarkable,” despite challenges that are testing the global economy, says the latest African Development […]
At the African Development Bank’s 2024 Annual Meetings in Nairobi, Kenya, the institution showcased its role as a “Solutions Bank” driving Africa’s transformation agenda through […]
Ghana has signed a memorandum of understanding (MoU) with bilateral creditors, including China and France, to restructure $5.4 billion of debt. This agreement is crucial […]
The Zimbabwean government launched a new currency called the ZiG, backed by gold, in an attempt to replace the struggling Zimbabwe dollar. They launched a […]
Ghana’s cocoa regulator, COCOBOD, is planning to secure up to $1.5 billion in loans by September to finance cocoa purchases for the 2024/25 season and […]
Kenya’s economic growth accelerated to 5.6% in 2023, a marked increase from the revised 4.9% expansion recorded in the previous year. This robust performance was […]
The President of the African Development Bank Group, Dr. Akinwumi Adesina, passionately called for more balanced media coverage of Africa’s development, stating it is critical […]
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