Curated pan-African reports, analysis, and stories in news summary.
The reserves, up from 14.88 billion dollars on Sept. 3, now cover 6.3 months of imports, compared with 6.1 months a week earlier, the central bank said in its weekly bulletin released Friday.
Egyptian Prime Minister Mostafa Madbouly has ordered governors to intensify market monitoring and enforce visible price displays as part of a newly launched six-month initiative to reduce prices on basic commodities across the country. Duri
From Nigeria’s landmark refinery share offering to mourning in the Democratic Republic of Congo and efforts to improve inclusion in Côte d’Ivoire, here are the main stories from Africa.
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), said the rules and parameters governing the proposed tax sukuk, including their rate of return, are currently being finalised ahead of their planned launch as a financing instrument
The eighth edition of the FDC Summit is set to take place from September 22 to 24 under the auspices of the Ministry of Communications and Information Technology, the Ministry of Industry, and the Cabinet’s Information and Decision Suppor
Minister of Planning and Economic Development Ahmed Rostom visited the headquarters of eFinance for Digital and Financial Investments Group, in which the National Investment Bank (NIB), affiliated with the ministry, holds a 21.8% stake. Dur
A proposed national digital healthcare platform would connect health facilities and integrate patients’ medical histories and health records, while incorporating artificial intelligence and telemedicine services, Egypt’s Ministry of Hea
The company said its refining operations require a continuous and reliable supply of crude oil, noting that any interruption, delay or reduction in availability could affect its ability to operate efficiently. The post Dangote Refinery̵
A government committee has approved 42 of 44 projects and permit requests for activities along Egypt’s coastline, including port, power, and petroleum projects, while deferring one application and rejecting another for failing to meet the
E20 Investment, a UAE-based investment group, has signed a memorandum of understanding (MoU) with EDAFA Venture, a regional venture capital company, to explore cooperation and investment opportunities in agriculture, aquaculture, food secur
The Federal Government has raised ₦728.9 billion through the Series 2 issuance under its ₦4 trillion Power Sector Multi-Instrument Issuance Programme, bringing the total raised under the debt reduction programme to more than ₦1.1 tril
Egypt’s Minister of State for Military Production Salah Gamblat said the ministry is committed to implementing President Abdel Fattah Al-Sisi’s directives to strengthen international cooperation, expand partnerships with global companie
