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Japan Pledges $30bn for African Development

Japan has appropriated $30 billion as aid for the development of African human resources and to promote economic growth. The country’s Prime Minister, Fumio Kishida who disclosed this online said.

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China writes off loans granted to 17 African countries

The Chinese government has resolved to waive 23 interest-free loans to 17 African countries. China also revealed its intention to provide food assistance to struggling nations. The Chinese Foreign Minister,.

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Liberia Apex Bank Chief, Tarlue Calls for Measures to Protect African Economies

The Central Bank of Liberia (CBL) Executive Governor, J. Aloysius Tarlue has urged central banks in Africa to take measures to protect the public good against any potential disruptions in.

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Ghana’s apex bank delivers biggest rate hike

Amid crippling inflation, the Central Bank of Ghana, CBG, has delivered its biggest rate hike ever following a 300 basis point increase to 22 per cent at an emergency meeting.

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Nigerian govt. launches App to Monitor crude oil theft

The illegal activities of oil thefts and vandals in Nigeria, Africa’s largest oil producer have recorded a heavy loss of about 200,000 barrels of oil per day – that’s billions.

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Currency Volatility/ Inflation: How They Affect Economies in Africa

A currency’s exchange rate is typically determined by the strength or weakness of the underlying economy, As such a currency’s value can fluctuate from one moment to the next. Currency.

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U.N.-chartered ship in Ukraine ready for journey to Africa

The United Nations-chartered ship Brave Commander will depart Ukraine for Africa in the coming days after it finishes loading more than 23,000 metric tonnes of wheat in the Ukrainian port.

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Malawi Government Gives K462m for Tourism Matching Grants

Minister of Tourism Michael Usi has presented matching grants to 18 successful Tourism operators totalling over K400 million. Speaking during the handover ceremony, Usi said the marching grants are in.

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Libya, China review ways of boosting relations

The Deputy Foreign Minister for International Cooperation and Organizations, Omar Keti, received, in his office at the Foreign Ministry in Tripoli, Wang Zhimin, the Chargé d’affaires of China in Libya..

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AfDB Board approves $1bn emergency facility to boost food security in Africa

The African Development Bank, AfDB Group’s Board of Directors has approved 24, fast-track programs to help Africa mitigate rising food prices and inflation caused by Russia’s war in Ukraine, climate.

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