The Oshivela project in western Namibia, supported by the German federal government with a 13 million euro investment, will utilize renewable energy to produce 15,000 tonnes of iron annually

Liter price of diesel remained unchanged at 8.25 Egyptian pounds

Total value of crypto market rises over 2% to around $1.3 trillion

The staff-level agreement, referred to as the Extended Credit Facility (ECF), is contingent upon approval from the IMF’s board

“As a result of the escalation of the recent conflict in the Middle East.”

Total annual gold supply hits 1,147 tons in July-September, thanks to robust demand from central banks

The VanEck Egypt Index ETF (EGPT.N), which follows the MVIS Egypt Index (MVEGPTTR), surged by nearly 19% last week

Ongoing conflict between Israel, Palestine generating fears of deepening supply deficit for remainder of year

He stated that Kenya’s foreign exchange reserves had decreased to the level of approximately 3.7 months of import cover

The award, initially granted in 2017 and subsequently augmented in 2019 to encompass interest, represented a substantial portion of Nigeria’s foreign reserves

The Kenyan shilling has been on a downward trajectory for a number of years and experienced a nearly 24 percent depreciation in the last year

TPA director general Plasduce Mbossa stated that the contracts will undergo a review every five years

The national statistics agency, StatsSA, reported that annual consumer price inflation escalated to 5.4 percent last month

Nigeria is actively courting investors for its historically underdeveloped mining sector, which has historically accounted for less than 1% of the country’s gross domestic product

Researchers cite technical weaknesses, manipulated cryptocurrencies as main cause of damage

The nuclear power plant, once operational, will serve as a means for the country to fulfill its energy requirements, the energy ministry reported.

In June, Zambia had tentatively reached an agreement with its creditors, encompassing both China and Western nations, on $6.3 billion of its debt

Event important for Turkey-Africa trade target of $75B, chairman of Turkey’s Foreign Economic Relations Board says

Ajay Banga, the former CEO of Mastercard and the President of the World Bank, has outlined his strategy to reshape the bank’s mission towards “eliminating poverty on a sustainable planet”

Some stations sell a 20-liter container at prices ranging between $56 and $60

Growth of consumer price inflation in Egypt slowed to 38% in September, with continued high prices in food, transportation, energy, and health

Both benchmarks have lost over 2% during previous trading session as data indicate oil consumption in the US declined with end of summer driving season

The three-year extended credit facility is conditional upon domestic and external debt restructuring

According to the company, African tech start-up funding would be down 54 per cent year-on-year