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Africa - Page 74

Africa·Finance & Economy·News·Top Stories

Burkina Faso Inaugurates First National Gold Refinery as Traore Pushes Local Processing

September 28, 2026

Burkina Faso inaugurated its first national gold refinery on Monday, Sept. 28, taking a step toward processing more of its gold domestically instead of sending it abroad for refining, Prime Business Africa

Africa·Business News·Top Stories

Ghana Borrowing Costs Slide as Monetary Easing Drives Lending Rates to 15.9%

September 28, 2026

Ghana’s average bank lending rate fell to 15.94% in August from 24.15% a year earlier, extending a sharp decline in borrowing costs as easier monetary conditions increasingly filter through the banking system,

World Bank Report Reveals 34% of Nigeria’s Education, Health Expenditures Lost Due To Absenteeism

Africa·Business News·News·World News

Debt Servicing: How High-Interest Rates Threaten Nigeria, Tanzania, Others’ Investments – World Bank

World Bank report has brought to light the alarming reality faced by developing nations, particularly Nigeria and Tanzania, as they grapple with the burden of debt servicing. Over the past four decades, these countries collectively funneled a colossal $441 billion into servicing

December 15, 2023

AfDB Boosts Nigerian Fertilizer Industry With $75m Loan

Africa·Business News·News

Sao Tome and Prínciple: AfDB Approves $17.4m Grants To Boost Financial, Energy Reforms

The Board of Directors of the African Development Bank Group has approved grants amounting to $17.4 million for Sao Tome and Príncipe. This move is part of the economic response strategy aimed at supporting public finance and energy sector reforms following several

December 15, 2023

African Development Fund Approves €38.84 Million Loan To Boost Benin’s Economic Growth

Africa·Business News·News

ADF Approves €38.84m Loan To Boost Benin’s Economic Growth

In a move to bolster Benin’s economic landscape, the Board of Directors of the African Development Fund, a concessional window of the African Development Bank Group, has sanctioned a €38.84 million loan. The loan signed on December 13, aims to kickstart the

December 15, 2023

Africa

Kenya Will Be Visa Free For All From 2024, Says President Ruto

Kenya’s President, William Ruto, has said there will be a visa-free entry for everyone coming into the East African country, starting from January 2024.

December 12, 2023

Africa

Kenyans Tackle President Ruto On Visa-free Policy

Kenyan citizens have kicked against the new visa-free policy for travellers to the East African country announced by President, William Ruto.

December 12, 2023

"No Omelette Without Breaking Eggs"- Sanwo-Olu Explains Nigerians' Resistance To Tax Reform Bills

Africa·Business News·News

COP28: How Lagos State Secures €410 Million Omi Eko Project

Amidst the flurry of discussions at the 28th Conference of the Parties on Climate Change (COP28) in Dubai, Lagos State successfully secured funding procurement for the €410 million Omi Eko project. Unveiled as an innovative endeavor, this project aims to transform the

December 10, 2023

Africa·Business News·News

AfDB, UK FCDO Approve $1 Billion For South Africa’s Just Energy Transition

In a move signaling a commitment to green growth and sustainable development, the African Development Bank Group, in partnership with the UK Foreign Commonwealth and Development Office (FCDO), has given the nod to a $1 billion guarantee program that aims to bolster

December 10, 2023

Africa·Business News·News

AfDB, FSDH Partner For $20M Trade Finance Boost To Nigerian SMEs

The African Development Bank (AfDB) has forged an agreement with FSDH Merchant Bank, signing a $20 million Trade Finance Facility aimed at bolstering support for small- and medium-sized enterprises (SMEs) within Nigeria’s industrial and manufacturing sectors. The deal comprises a $15 million

December 9, 2023

Africa·News·World News

Why 78% Africans Are Unable To Afford Healthy Diet – U.N.

The United Nations (UN) revealed in a report that about 78% of Africans find themselves unable to afford a nutritious diet, marking a stark rise from previous figures. The report was released jointly by the Food and Agriculture Organization of the United

December 8, 2023

Africa·News·Oil & Gas

COP28: Africa Shortchanged In Global Renewable Energy Investment, Adesina Warns

President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, revealed statistics highlighting Africa’s disproportionate share of global renewable energy investments. Adesina in an address at the Sustainable Trade Africa Conference in Dubai emphasized how this disparity, particularly in light of the European Union’s (EU)

December 8, 2023

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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Africa - Page 74

Burkina Faso Inaugurates First National Gold Refinery as Traore Pushes Local Processing

Ghana Borrowing Costs Slide as Monetary Easing Drives Lending Rates to 15.9%

Debt Servicing: How High-Interest Rates Threaten Nigeria, Tanzania, Others’ Investments – World Bank

Sao Tome and Prínciple: AfDB Approves $17.4m Grants To Boost Financial, Energy Reforms

ADF Approves €38.84m Loan To Boost Benin’s Economic Growth

Kenya Will Be Visa Free For All From 2024, Says President Ruto

Kenyans Tackle President Ruto On Visa-free Policy

COP28: How Lagos State Secures €410 Million Omi Eko Project

AfDB, UK FCDO Approve $1 Billion For South Africa’s Just Energy Transition

AfDB, FSDH Partner For $20M Trade Finance Boost To Nigerian SMEs

Why 78% Africans Are Unable To Afford Healthy Diet – U.N.

COP28: Africa Shortchanged In Global Renewable Energy Investment, Adesina Warns

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UN Launches Critical Minerals Scheme – Picks Nigeria Among First Six to Turn Lithium, Cobalt Wealth into Jobs

PISA 2025: East Asia Tops Global Math Rankings as OECD Scores Fall — What It Means for Africa’s Future Workforce

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

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Burkina Faso Inaugurates First National Gold Refinery as Traore Pushes Local Processing

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Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

Burkina Faso Inaugurates First National Gold Refinery as Traore Pushes Local Processing

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Africa - Page 74

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