Kenya Pursues $1.5 Billion Loan Negotiations with UAE to Alleviate Financial Strain
Kenya is negotiating a $1.5 billion loan with the UAE at an 8.25% interest rate and a seven-year term, as...
Companies
Modernization of Ekok/Mufum Border Post to Enhance Efficiency between Cameroon and Nigeria
The Ekok/Mufum border crossing between Cameroon and Nigeria has been modernized under ECOWAS and ECCAS initiatives in partnership with the...
African Development Bank Allocates $34.8 Million to Strengthen Climate Resilience in Malawi and Zimbabwe
The African Development Bank has approved $34.8 million in grants to bolster climate resilience for vulnerable communities in Malawi and...
Benin, Togo’s Electricity Debt to Nigeria Reaches $5.79 Million
International electricity customers in Benin Republic and Togo owe Nigeria $5.79 million for electricity consumed in the second quarter of...
Stanbic Bank Accused of Wrongfully Withholding $7.2 Million from Air Afrik Aviation
A senior Bank of South Sudan official disclosed that Stanbic Bank withheld $7.2 million from Air Afrik Aviation, citing insufficient...
IMF Reduces Surcharges for Indebted Nations: A Step Towards Economic Relief
The IMF has reduced penalty surcharges for heavily indebted countries like Argentina, Egypt, Ukraine, and Ecuador, resulting in a lower...
African Development Bank Group Allocates $34.8 Million to Enhance Climate Resilience in Malawi and Zimbabwe
The African Development Bank Group has approved $34.8 million in grants to improve climate resilience for vulnerable communities in Malawi...
EIB Commits €1 Billion for Morocco’s Reconstruction in Wake of Earthquake
The European Investment Bank has pledged €1 billion to assist Morocco in rebuilding infrastructure following the devastating earthquake in the...
Argentina and Venezuela’s Adoption of Stablecoins Amid Economic Instability
The article discusses the rising trend of stablecoin adoption in Argentina and Venezuela as solutions to combat inflation and economic...
Congo Intensifies Efforts Against Conflict Mineral Purchases
The Democratic Republic of Congo is cracking down on companies purchasing minerals from its conflict-ridden eastern region, warning Apple Inc....
