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Buhari Furious Over Diverted Billion-Dollar Chinese Loan: Nigerian President Demands Explanation Fro
InsiNigerian President Muhammadu Buhari demanded an explanation Monday from the West African country’s finance ministry about a $1.1...
Africa’s Throwing Away Dollars It Can’t Afford in Currency Rout
Africa is battling the global currency markets with one hand tied behind its back. With foreign-exchange reserves equal to less than a...
Uganda Raises Benchmark Rate to 16% to Halt Currency Slump
Uganda’s central bank raised its benchmark interest rate for a fourth consecutive time to halt the currency’s depreciation and curb...
Young African Bamidele Is Advancing Africa's Agricultural Sector
The Council for Young Africans Living Abroad (CYALA) has decided to publish a series of articles where we interview and write about young...
First batch YES beneficiaries receive packages
The Chief Executive Officer of the Youth Enterprise Support (YES), Ms Helga Boadi, has called on the youth to change their mindset from...
Ghana to issue 500 mln-cedi ($127 mln) 5-yr domestic bond this month
Ghana will issue a new 5-year bond to raise 500 million cedis ($127 million) this month as part of efforts to restructure its growing...
Afreximbank plans initiative to help address foreign exchange liquidity challenge
The African Export-Import Bank (Afreximbank) has announced a proposal to introduce foreign exchange swap-arrangements aimed at advancing...
Strong quake hits Rwanda
Kigali, Rwanda - A strong earthquake struck Rwanda and shook most of the capital Kigali on Friday morning. The magnitude 5.6 earthquake...
Chinese man buys 12,000 yuan engagement ring in coins after promise to childhood sweetheart
Two jewellery shops in Fuyang, Anhui province, refused Liang Liang's request to buy a ring using change weighing 150kg, before a third...
Bank of England votes 8-1 to keep UK rates at record low
UK interest rates have been held at 0.5% again by the Bank of England's Monetary Policy Committee (MPC). MPC members voted 8-1 to keep...
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