Oil prices rise on positive US inventory data indicating tightening markets and strong demand ahead of the summer driving season.

The central bank distributed $10,000 each to 1,583 currency exchange operators at a rate of 1,021 naira per dollar

The World Bank suspended funding for a Tanzanian tourism project due to allegations of forced evictions and rights abuses against communities near a national park.

Despite approving a loan increase, the IMF expresses concerns about Egypt’s central bank lending and calls for stricter public spending controls.

To address dollar shortages, Nigeria’s central bank is selling dollars to exchange bureaus at a more favorable rate.

Morocco seeks to become an aviation hub, leveraging its affordable workforce to attract manufacturers like Boeing and Airbus while aiming to expand its domestic airline industry.

Ghana Finance Minister anticipates a draft MoU from creditors for $5.4B loan restructuring, a crucial step in the country’s quest for debt relief.

Angola’s Central Bank anticipates relative stability for the kwanza despite fuel price challenges, with Governor Manuel Tiago Dias warning of inflation impact from subsidy changes.

The strike, initiated by the Federation of Uganda Traders Association on Tuesday in Kampala, quickly spread to various parts of the country

Nigeria’s air force plans acquisition of 24 fighter jets from Leonardo for fleet modernization. Leonardo to supply first six jets by end of the year.

Kristalina Georgieva of the IMF spotlights the suffering in Yemen and Sudan amidst overshadowing global wars, stressing IMF support for all members.

Court demands urgent resolution to Kenyan doctors’ nationwide strike within 48 hours. Impasse over pay and working conditions disrupts healthcare services.

Ghana secures $360M IMF aid tranche to tackle economic challenges and promote inclusive growth.

Banks faced technical difficulties, old banknotes lost value overnight, and many businesses continued using US dollars.

Numerous establishments, including stores and street vendors, opted to transact solely in US dollars due to a scarcity of coins

Ivory Coast secures a $574 million loan from the IMF to support economic reforms and a new climate action plan.

In a response to both high global cocoa prices and competition with Ivory Coast, Ghana raises cocoa farmgate prices.

The company is in discussions with African development banks as potential lenders for the $250 million project.

New president, Faye, announces an audit to ensure transparency and responsible resource management.

Nigeria’s economic reforms continue with a planned reduction in electricity subsidies.

Nigeria’s dream of energy independence inches closer to reality with Dangote’s massive oil refinery starting fuel deliveries.

The gold market is experiencing an unprecedented surge, breaking records for a third consecutive day.

Kenyan doctors on strike since March 15 demand better pay, hiring of trainee doctors, and improved working conditions.

The African Development Bank banned a Chinese road builder for a year due to undisclosed commission agent use in bidding for a Ugandan road project.