Browsing Category
Africa News
Egypt builds 8 groundwater stations in S. Sudan
Egypt has initiated the construction of eight groundwater drinking water stations in South Sudan, the Egyptian…
Mozambique to receive $60.7mln IMF loan tranche
The International Monetary Fund (IMF) completed Mozambique’s third loan od around $60.7 million, Reuters reported…
Nigeria’s central bank pays $2 bln to clear FX backlog
The Central Bank of Nigeria settled matured foreign exchange contracts by paying lenders about $2 billion of what…
Egypt aims to boost trade with Africa by 20%
Egypt is seeking to increase its trade with Africa by 20 per cent in the coming five years, head of Egyptian Trade…
Uganda’s Museveni, head of RSF meet to discuss Sudan
Mohamed Hamdan Dagalo, head of Sudan's paramilitary Rapid Support Forces (RSF), announced on Wednesday that he met…
Kellogg Noodles’ investments exceed $40 mln in Egypt
Kellogg Noodles has increased its investment volume in Egypt to exceed $40 million so far, said Ahmed Shalash,…
World Bank approves $125mln loan for Zambia
The World Bank Executive Board approved on Saturday a $125 million loan for Zambia, in a step to restore…
Angola is leaving OPEC over output cut disagreement
Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) as membership is not serving its…
AfDB withdraws international staff from Ethiopia over Oct. unlawful arrest
On Wednesday, the African Development Bank (AfDB) announced its decision to withdraw its international staff from…
WFP suspends aid to some areas of Sudan
The World Food Programme (WFP) declared on Wednesday a temporary halt to food aid in certain regions of Sudan’s…