Debate over implementation of single currency for West Africa-Don’t fix ECO to Euro …...

Government has raised concerns over the decision by the Monetary Union of West Africa (UEMOA) to fix the new ECO currency to...

New Year’s 2020 Celebrations Across the World

New Year’s Eve 2020 was celebrated in various countries with the fireworks displays. Millions of people around the world are gathering...

Ethiopia: Dashen Bank Launches 100m Birr Job Creation Initiative

Dashen Bank HQ in Addis Ababa, Ethiopia Dashen Bank has announced a 100 million...

A call for enhanced public private partnership to boost Africa’s infrastructure

The ‘dark continent’ narrative has changed. Africa is growing. Today, five out of the 20 fastest growing global economies are found in Africa. However,...

World Bank warns CBN against support for undercapitalized banks

The World Bank has warned that the assets of Nigerian commercial banks may deteriorate if the Central Bank of Nigeria continues to support undercapitalised...

MTN to Launch Mobile Money Service in South Africa

MTN has announced that its mobile money service, MoMo will go live in January 2020, allowing customers to send, receive, save and spend money...

Egypt’s SODIC first phase of new project sells out in 48 hours

Egyptian property developer SODIC said on Monday the first phase of its new development project was sold out over two days due to the...

Egypt, Italy clinch deal to establish joint commercial centre: Official

Egypt and Italy signed an agreement to build a joint commercial centre, a senior official in the Federation of Egyptian Chambers of Commerce (FEDCOC)...

Ethiopia has launched its first satellite into space from China

Ethiopia launched its first observatory satellite into space on Friday (Dec. 20), according to local reports. The 70 kilogram remote...

Energy Access across Africa Offers 120 bn USD a Year

Achieving universal energy access across Africa offers 120 billion USD a year that is an opportunity to power rural transformation, panel of experts reported.

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UK investors urged to deepen economic ties with Africa

The 2020 UK-Africa Investment Summit was attended by Mauritanian President Mohamed Ould Cheikh el Ghazouani and Egyptian President Abdel Fattah el-Sisi.

World’s second largest diamond the size of a tennis ball discovered in Botswana

In a unique collaboration, luxury fashion house Louis Vuitton is all set to transform a rare and...

UK-Africa trade and investment: who benefits?

There has been much hype about a major Africa investment summit being hosted by the UK. Attended by Prime Minister Boris Johnson and an array of royals,...