In a recent development, authorities in Burundi have arrested Dieudonné Murengerantwari, the former governor of the nation’s central bank, on allegations of corruption. The justice ministry has accused Murengerantwari of …
Economy
-
-
South Africa’s currency, the rand, fell back on Wednesday after a brief rally on Tuesday as investors awaited the release of the minutes of the latest Federal Reserve meeting and …
-
The finance ministers and central bank governors of the Group of Seven (G7) advanced nations will hold a meeting on Oct. 12 to discuss the escalating war in Ukraine and …
-
Over 100 farmers affected by the construction of the Ekiti Cargo Airport staged a protest outside the Governor’s Office in Ado Ekiti on Monday, demanding the payment of compensation they …
-
The United Nations Conference on Trade and Development (UNCTAD) is pressing for immediate international climate funding, specifying that Nigeria and other African nations will need approximately N3 trillion by 2030 …
-
The Gambia, a small West African nation, plans to launch its first stock exchange to diversify its financial sector and provide more business funding options. The country’s economy has been …
-
South Africa is feeling the impact of the escalating violence between Israel and Gaza and the release of the Census 2022 results on its economy and markets. The rand, the …
-
The military confrontation between Israel and Hamas in Gaza has sent oil prices surging to their highest level in more than a year, as investors fear a disruption in supply …
-
Africa is hosting the annual meetings of the International Monetary Fund and the World Bank for the first time in 50 years, amid rising tensions between the US and China …
-
According to a report by Oxfam International, some of the world’s poorest countries are facing a debt crisis that could force them to slash their budgets by more than $220 …