Economy

The International Labour Organisation (ILO) has called for more international financial support for developing countries struggling with debt and limited resources as they face multiple crises threatening to erase their …

Decline in Earnings South Africa’s renowned fast food and restaurant franchiser, Famous Brands, reports a decline in interim earnings. The company’s headline earnings per share dropped by 7% to 199 …

Kenya’s microfinance banks (MFBs) are grappling with a challenging economic landscape, according to a report by the Central Bank of Kenya (CBK). The report paints a bleak picture of these …

Nigeria, Africa’s largest economy, faces a grim reality as many citizens struggle to meet a stagnant minimum wage amid soaring food prices and inflation. According to a recent report by …

The South African rand remained steady in early trading Monday, navigating influences from global economic trends, including U.S. financial indicators and Middle East tensions, analysts noted. At 06:40 GMT, the …

The South African bank RMB has announced the renewal of its partnership with China Construction Bank (CCB) for another five years. The collaboration, which started in 2009, aims to facilitate …

Italy’s government has postponed the approval of a decree that would boost the country’s energy security and green transition, amid internal disagreements within the ruling coalition. The decree, which was …

Nigeria’s Humanitarian Affairs Minister, Dr. Betta Edu, recently led a pivotal meeting in The Hague, focusing on combating illegal migration and fostering youth development. Joined by representatives from Europe, Asia, …

Amidst infrastructural challenges, Nigeria’s oil sector is undergoing a transformative shift. Leading this change is Aiteo, Nigeria’s foremost independent oil producer, reports Bloomberg. The introduction of a unique oil blend, …