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Angola’s U.S. dollar reserves sufficient for nearly one year of imports:...

Angola has an estimated $14.7 billion in international reserves, covering roughly 11 months of imports, the country's central bank chief said Wednesday. National Bank of...

Cape Town to build its own power plants to reduce dependence...

Cape Town is seeking to secure more than 450 megawatts of power from renewable sources to cut reliance on state power utility Eskom Holdings...

Bitcoin falls below $30,000 for the first time in a month

A selloff in Bitcoin accelerated Tuesday, pushing it below $30,000 for the first time in about a month. The largest digital coin fell 3.6% to...

Paris Club exempts 14.1bn USD of Sudan’s debts: minister

Sudan's Finance Minister Jibril Ibrahim on Friday announced that his country has received relief from its 14.1 billion U.S. dollars debts to Paris Club. "Sudan's...

Chasing dwindling investment, Nigeria revamps oil sector law

Nigeria’s parliament on Friday cleared a historic petroleum overhaul that seeks to attract waning investment to its ageing oil sector and sent the measure...

Uganda reports record coffee exports in 30 years

The Uganda Coffee Development Authority (UCDA) reported its highest number of exports in a single year in 30 years for the 2020/2021 financial year...

Acute feed shortage threatens Ghana’s poultry industry: association

An acute shortage of feed is threatening the survival of Ghana's poultry industry, the Ghana Poultry Farmers Association told Xinhua in an interview. Isaac Essiaw,...

AU urges push on continental integration to drive Africa’s economic recovery

As COVID-19 has plunged Africa into its first recession in 25 years, the African Union (AU) Thursday underlined the need to address challenges of...

IMF approves $1.5 billion loan program for Democratic Republic of Congo

The International Monetary Fund said its executive board on Thursday approved a new three-year, $1.52 billion extended credit facility program for Democratic Republic of...

Botswana’s inflation continues to rise

Botswana's annual inflation rate remains above the central bank's short to medium term target of 3 to 6 percent, parastatal statistical organization Statistics Botswana...
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