The United States House Appropriations Committee has approved a foreign assistance bill that would impose stricter conditions on financial support to Nigeria, signalling growing concern in Washington over
Botswana has become the first African central bank to raise interest rates following the global energy shock triggered by the U.S.-Israel–Iran conflict, amid intensifying inflation pressures. The central bank’s
A growing number of global shipping companies are diverting vessels away from the Suez Canal and the Red Sea, opting instead for the longer route around southern Africa, as escalating
African Rail Co. is planning to raise about $170 million this year to expand its operations in South Africa, targeting investments in locomotives and wagons as it prepares
A major blackout hit parts of Nigeria’s grid today after the Egbin Power Plant, one of the country’s largest electricity generators, was forced to shut down completely. The sudden closure