IMF’s agreement unlocks $574 million for Ivory Coast’s economic development.
Ikeoluwa Ogungbangbe
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Uganda’s forex reserves fell by 12% due to debt payments, raising concerns about economic stability. The Bank of Uganda warns of fragile balance of payments.
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Tesco, Woolworths, and Shoprite join forces to propel retail innovation with a $125 million venture capital fund, focusing on technology-driven consumer experiences and sustainability solutions in the grocery sector.”
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In a horrifying act of violence, a militia’s attack in Ituri province, eastern Congo, leaves 25 civilians dead, underscoring the region’s ongoing security crisis.
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Senegal’s PM Ousmane Sonko announces a new government, aiming to fulfill President Faye’s transformative campaign promises, including economic and sector audits.
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A Binance executive appears in court on charges of tax evasion and money laundering in Nigeria, marking a significant legal battle for the cryptocurrency leader.
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Nosiviwe Mapisa-Nqakula resigns as South Africa’s National Assembly speaker amidst corruption investigations relating to her tenure as defense minister.
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President William Ruto reveals a 12% reduction in Kenya’s 2024/25 budget, aiming for fiscal sustainability and a balanced budget within the next three years.
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Nigeria’s Dangote oil refinery starts local petroleum product distribution, signaling a major leap towards the country’s goal of achieving energy independence.
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The IMF links an $8 billion loan for Egypt to crucial economic reforms, including currency flexibility, aiming for sustainable growth and market-driven policies.