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Nigeria’s President Buhari to meet Trump

The meeting comes weeks after Rex Tillerson, then U.S. secretary of state, visited Nigeria and other African countries in March only to be fired after his return to Washington.
Nigeria can borrow a maximum of $22.08 bn in 2017 - DMO

Nigeria and Kenya inching closer to interest rate cuts

Nigeria and Kenya will follow Ghana’s lead and cut rates in the third quarter, a Reuters poll found, as long as there is a...

Standard Chartered Bank launches its first-digital bank in Africa

The digital bank aims to ‘bridge the gap between traditional banking and the new, digital savvy generation in Côte d’Ivoire.

IMF approves $158MN credit to Burkina Faso

The International Monetary Fund (IMF) on Wednesday approved a three-year, $157.6 million credit facility for Burkina Faso, in part to help boost security after...

Nigeria – Change of guard at the Presidential Amnesty Programme

Jared Jeffery | NKC African Economics President Muhammadu Buhari fired Paul Boroh as coordinator of the Presidential Amnesty Programme (PAP) which oversees the stipends paid...
Guinea signs $770 mln contract with Chinese firm to develop main port

China’s EximBank approves $1.3 billion for Guinea hydro plant

China’s EximBank has approved $1.3 billion in financing for a 450 megawatt hydroelectric plant in Guinea that the West African country’s government hopes will...

Nigerian annual inflation down for 13th month in Feb

Annual inflation in Nigeria stood at 14.33 percent in February, slowing for the 13th month in a row and driven by a decline in...
Nigeria's state oil firm to be split into 30 companies: NNPC head

Nigeria’s refinery overhaul projects to start in second quarter: NNPC

Refinery overhaul projects will begin in Nigeria as soon as the second quarter, an official from state oil company NNPC said on Tuesday. NNPC is...

Ghana cocoa output likely be only around 700,000 T this season -Cocobod

Ghana may only produce around 700,000 tonnes of cocoa this season, well short of its initial forecast of 850,000 tonnes, due to poor rains...

Black Panther shows it is time to open the door for new African heroes...

Bolaji Ajayi argues that movies like Black Panther signal that a new reconnection between Africa and the African Diaspora can possibly yield financial and cultural gains that have not been seen since before the African slave trade.

Sierra Leone poll looks set for 2nd round with 75% results in

Sierra Leone’s presidential election results were too close to call after three quarters of the votes had been counted on Sunday, with the two...
AB InBev offers voluntary severance in South Africa

Nigeria increases excise duties on tobacco and alcohol

Nigeria’s President Muhammadu Buhari has approved an increase in excise duties on tobacco and alcoholic beverages, the finance ministry said in a statement on...

Why empowering women farmers is key to protecting our environment

According to the Food and Agricultural Organisation, just giving women farmers the same access as men to agricultural resources could increase production on women's farms in developing countries by 20 to 30 percent.

US Secretary of State Rex Tillerson in Africa on first diplomatic trip

US Secretary of State Rex Tillerson flew to Ethiopia at the start of his first diplomatic trip to Africa on Wednesday.

Sierra Leone to vote for new leader after years of economic crisis

Sierra Leone will vote on Wednesday for a successor to President Ernest Bai Koroma in an election dominated by an economic crisis caused by...
Low oil out impacts Angola’s economic growth

IMF says confident Ghana will meet April review requirements

The International Monetary Fund is confident Ghana will implement outstanding measures needed for a successful review of its $918 million aid programme next month,...

Nigeria’s people getting poorer, government to ‘muddle through: IMF

Nigeria’s people are getting poorer despite the country’s slow recovery from recession, and economic reforms are urgently needed, the International Monetary Fund (IMF) said...

Nigeria’s ruling party passes vote of confidence in Buhari

The national executive committee of Nigeria’s ruling party has passed a vote of confidence in its leaders including President Muhammadu Buhari, it said on...

Ghana to tighten controls on gold exports to protect revenues

Ghana will certify the value of gold exports as part of efforts to tighten controls on the sector to ensure the state receives the...
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