The African Development Bank (AfDB) is set to provide Nigeria with $500 million this year as part of a $1 billion budget support programme — a move that strengthens President Bola Tinubu’s bold economic reforms. Bode Oyetunde, the AfDB’s Executive…
Kenya has officially completed converting its $5 billion railway loan from the US dollar to China’s yuan — a strategic financial decision that will save the government about $215 million annually in interest payments, according to Finance Minister John Mbadi.…
ACCRA, GHANA — Experts from the African Union Development Agency (AUDA-NEPAD) and top African financial institutions under the Alliance of African Multilateral Financial Institutions (AAMFI) — popularly known as The Africa Club — have begun a three-day high-level session to…
Africa is standing at a critical crossroads as the World Bank warns that failure to urgently scale up job creation could worsen youth unrest across the continent. In its latest Africa Pulse report, the global lender said that rapid population…
The Church of Uganda has strongly criticised the appointment of Sarah Mullally as the new Archbishop of Canterbury — the first woman to lead the Anglican Church — calling it “sad news” that threatens to deepen divisions within the global…
Zanzibar has taken a bold step into the global creative economy with the launch of Stream East — a digital platform dedicated to distributing East African films and stories to worldwide audiences. Unveiled by the Film Producers Guild of Zanzibar…
The African Development Bank (AfDB) has approved a $144.7 million financing package for Niger to expand energy access, spur industrial growth, and strengthen inclusive development. The deal, signed in Abidjan by AfDB President Dr. Sidi Ould Tah and Niger’s Prime…
Eswatini’s government has confirmed it will take in 11 additional migrants deported from the United States later this month, as part of President Donald Trump’s toughened immigration enforcement campaign. The government said the arrivals will be kept in secure facilities…
Kenya is taking a bold new step toward financial independence as President William Ruto announced plans to create a sovereign wealth fund and an infrastructure fund — two major initiatives aimed at driving development without piling up more debt. According…
Morocco’s ambitious plan to build the world’s largest football stadium has sparked a wave of youth-led protests demanding better hospitals, schools, and jobs instead of global prestige. The 115,000-seat megaproject, a centrepiece for the 2030 FIFA World Cup, has become…
