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magazine

Economy

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China Chengxin International Credit Rating has given Afreximbank a AAA rating with a stable outlook
21 Jan
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China Chengxin International Credit Rating has given Afreximbank a AAA rating with a stable outlook

China Chengxin International Credit grade Co., Ltd (CCXI) has given a ‘AAA/Stable’
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The Kenyan Treasury warns of a recent drop in credit ratings
21 Jan
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The Kenyan Treasury warns of a recent drop in credit ratings

Kenya’s National Treasury stated on Monday that the country’s capacity to obtain
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Trump is reportedly avoiding immediate tariffs, which causes the euro to soar
20 Jan
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Trump is reportedly avoiding immediate tariffs, which causes the euro to soar

The Wall Street Journal said that Donald Trump will not raise tariffs
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Mozambique’s government bonds dropped in value after news about plans to restructure its debt
20 Jan
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Mozambique’s government bonds dropped in value after news about plans to restructure its debt

On Monday, Mozambique’s solitary international market bond experienced a decline in value
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Less than 10% of African businesses say they are “very confident” in state cybersecurity protections
20 Jan
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Less than 10% of African businesses say they are “very confident” in state cybersecurity protections

A greater percentage than other countries worldwide—at least four out of ten
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AMCON Declares It Will Liquidate Arik Air Following the Settlement of Ongoing Legal Issues
18 Jan
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AMCON Declares It Will Liquidate Arik Air Following the Settlement of Ongoing Legal Issues

Citing the airline’s outstanding debt of about N455 billion, AMCON has said
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Brazil declares that Nigeria has been accepted as a BRICS partner nation
18 Jan
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Brazil declares that Nigeria has been accepted as a BRICS partner nation

Nigeria was accepted as a partner nation in the transnational group of
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In Nigeria, a fuel tanker truck explosion claims at least 60 lives
18 Jan
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In Nigeria, a fuel tanker truck explosion claims at least 60 lives

A gasoline tanker truck crashed in northern Nigeria on Saturday, pouring gasoline
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TikTok users prepare for the impact as the US ban date approaches
18 Jan
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TikTok users prepare for the impact as the US ban date approaches

TikTok was the subject of anxious expectation around the United States on
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China UnionPay and a Kenyan bank collaborate to increase e-commerce payments
18 Jan
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China UnionPay and a Kenyan bank collaborate to increase e-commerce payments

UnionPay International (UPI), a division of China UnionPay, and KCB Bank Kenya,
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