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Africa - Page 46

Nigeria, AfDB Sign Agreement To Replenish $500m Trust Fund For Financing Development Across Africa

Nigeria, AfDB Sign Agreement To Replenish $500m Trust Fund

Nigeria and the African Development Bank (AfDB) have signed an agreement to replenish the Nigeria Trust Fund (NTF) with $500 million and extend its operation to 2040. The agreement signing ceremony was done by Nigeria’s Minister of Finance and Coordinating Minister of
May 30, 2025

Tanzania Blocks X Over False Claims Of President’s Death

Tanzanian authorities have shut down access to the social media platform X (formerly Twitter) following a false post claiming that the country’s President, Samia Suluhu Hassan, was dead. The post, which was later removed, appeared on an official police account, allegedly hacked
May 21, 2025

Tanzania Bans Use Of Foreign Currencies For Local Transactions

The Bank of Tanzania (BoT) has banned the use of foreign currencies for domestic transactions, ordering all businesses to conduct trade only in Tanzanian shillings. The new directive, announced in a statement late Friday, takes immediate effect. “The Bank of Tanzania wishes
May 3, 2025
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