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magazine

Economy

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JPMorgan alerts smaller African development banks that their Preferred Credit Status may be jeopardized
17 Jun
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JPMorgan alerts smaller African development banks that their Preferred Credit Status may be jeopardized

JPMorgan analysts have cautioned that Preferred Credit Status may be revoked for
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Kenya will no longer impose excise taxes on EAC eggs and onions
14 Jun
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Kenya will no longer impose excise taxes on EAC eggs and onions

In an effort to encourage intra-African commerce, Kenya has suggested eliminating the
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Uganda to curb commercial borrowing to limit debt build-up
14 Jun
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Uganda to curb commercial borrowing to limit debt build-up

Following a reduction of its credit rating last month, Uganda’s finance minister
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The $1.3 billion Exxon agreement challenge has been abandoned, according to Nigeria’s Seplat
14 Jun
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The $1.3 billion Exxon agreement challenge has been abandoned, according to Nigeria’s Seplat

After learning that NNPC has put an end to a legal challenge
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The World Bank grants Nigeria’s request for a $2.25 billion loan
14 Jun
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The World Bank grants Nigeria’s request for a $2.25 billion loan

According to a statement released by the World Bank on Thursday, Nigeria
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Musk claims that Tesla’s shareholders approved of his $56 billion compensation proposal
13 Jun
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Musk claims that Tesla’s shareholders approved of his $56 billion compensation proposal

Elon Musk, the CEO of Tesla (TSLA.O), stated on social media on
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At the Barrick gold mine in Tanzania, police are being accused of additional murders
12 Jun
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At the Barrick gold mine in Tanzania, police are being accused of additional murders

Human Rights Watch has said that police protecting the North Mara Gold
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Kenya’s government authorizes the sale of its stakes in six publicly traded firms
12 Jun
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Kenya’s government authorizes the sale of its stakes in six publicly traded firms

According to President William Ruto’s office, the Kenyan cabinet has accepted a
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Attacks by Red Sea ships transport 47% more fuel and crude oil throughout Africa
12 Jun
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Attacks by Red Sea ships transport 47% more fuel and crude oil throughout Africa

Since attacks on vessels using the shorter Red Sea route began, shipments
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Ghana and the panel of creditors agree on debt restructuring, opening the door for IMF funding
12 Jun
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Ghana and the panel of creditors agree on debt restructuring, opening the door for IMF funding

Ghana’s finance ministry announced on Wednesday that the country has completed an
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