Nigeria oil reform bill to establish powerful industry regulator
Nigeria’s government under a legislation—known as the Petroleum Industry Bill (PIB)—will soon create a powerful energy regulator with broad oversight of the oil and gas […]
International monetary Fund
African nations at risk of debt distress despite growth – IMF
The International Monetary Fund on Tuesday warned that Sub-Saharan African nations are at growing risk of debt distress. This came in the IMF regional economic […]
Kenya’s economic growth to rebound in 2018
Kenya’s economy is expected to grow 5.8 percent this year compared with an estimated 4.8 percent in 2017, thanks to drought cut and less political […]
Congo has “met” criteria for an IMF deal
Congo Republic over the weekend said it fulfilled the criteria for a deal with the International Monetary Fund (IMF) to revamp its debt-crippled economy. The […]
Zambian economic growth to exceed 4% in 2018
The Zambian government expects economy to grow by more than 4 percent this year helped by the mining, agriculture and construction sectors, Finance Minister Margaret […]
Namibia economy slips into recession
Namibia has dropped into recession after its mining-fueled economy contracted in the final two quarters of last year, the statistics office said on Thursday. According […]
Ghana to adopt new tax collection system as it exits IMF
The Ghanaian Revenue Authority (GRA) has been asked to put in place an effective tax collection system to make it easier for those in the […]
Ghana has ‘no reason’ to return to IMF – President Nana Akufo-Addo
Ghana’s President Nana Akufo-Addo said in his annual state of the nation speech on Thursday that his government had buckled down on mismanagement and will […]
Nigeria to raise $2.5 billion through Eurobonds
Nigeria will raise $2.5 billion through Eurobonds in the first quarter, the Debt Management Office (DMO) said on Thursday. According to the head of the […]
Nigeria to raise $700 mln from international sources
The Debt Management Office (DMO) of Nigeria on Tuesday said it expects to raise $700 million from international sources as part of a $3.5 billion […]