Economy Archives - Page 40 of 50

BCEAO Ends Special Status for Niger Government Bonds Amid Signs of Financial Stability

The Central Bank of West African States (BCEAO) has officially revoked the special regulatory treatment previously granted to Nigerien government securities. Effective April 3, 2025, these securities will now be…

Africa News Now April 16, 2025

ANN West Africa

Ghana Bans Foreigners from Local Gold Trade with the establishment of the Ghana Gold Board

Ghana has officially banned all foreign nationals from trading in its local gold market, a move aimed at boosting national revenue, curbing illegal mining, and bringing greater regulation to one…

Africa News Now April 16, 2025

ANN West Africa

IMF Approves $143M for Benin Amid Strong Economic Growth and Reform Milestones

The International Monetary Fund (IMF) has approved a $143 million disbursement (approx. 82.52 billion CFA francs) to Benin under its Extended Fund Facility (EFF), Extended Credit Facility (ECF), and Resilience…

Africa News Now April 15, 2025

African Diaspora ANN Northern Africa

Egypt Urges Greater EU Investment Amid Migration Pressures and Aid Shortfall

At the second ministerial meeting of the EU-Horn of Africa Migration Route Initiative—also known as the Khartoum Process—held this week, Egypt’s Foreign Minister Badr Abdelatty appealed for increased European support…

Africa News Now April 10, 2025

African Diaspora ANN Central Africa

U.S. Reaffirms Commitment to East Africa Peace Amid Escalating Congo Conflict

Senior U.S. presidential adviser Massad Boulos, representing President Donald Trump, reaffirmed Washington’s commitment to peace and regional stability during a diplomatic visit to Rwanda on Tuesday, amid heightened conflict in…

Africa News Now April 9, 2025

ANN West Africa

Mali Hosts European Envoys Amid Diplomatic Reset and Regional Shifts

The Malian government on Tuesday held high-level talks in Bamako with diplomatic envoys from Belgium, the Netherlands, Luxembourg, and Germany, marking a renewed effort to redefine its relationship with European…

Africa News Now April 9, 2025

ANN Central Africa Eastern Africa

African Trade Ministers to Convene in Ethiopia Over U.S. Tariffs Impacting $10 Billion in Exports

African trade ministers are set to meet on April 14 in Addis Ababa, Ethiopia, to coordinate a collective response to the United States’ recent imposition of a 10% tariff on…

Africa News Now April 9, 2025

ANN Central Africa Northern Africa

Chad and Libya Reignite Ties with Agreements on Aviation, Trade, and Border Security

Chad and Libya have taken significant steps to deepen bilateral cooperation following high-level talks held in N’Djamena on Tuesday. The meeting between Chadian President Mahamat Idriss Déby Itno and Libya’s…

Africa News Now April 9, 2025

ANN West Africa

Nigerian Makeup Artist Jailed for Spraying Naira at Wedding Amid Crackdown on Currency Abuse

A Federal High Court in Kano has sentenced popular Nigerian makeup artist Abdullahi Musa Huseini, known as "Amuscap," to six months in prison for spraying naira notes during his wedding…

Africa News Now April 8, 2025

ANN Northern Africa

Libya Devalues Dinar Amid Soaring Public Debt and Political Division

Libya’s central bank announced a 13.3% devaluation of the national currency on Sunday, setting the official exchange rate at 5.5677 dinars to the US dollar, down from the previous 4.48…

Africa News Now April 7, 2025

ANN Central Africa Eastern Africa

Kakuma’s New Path; Kenya’s Ambitious Plan to Transform Its Largest Refugee Camp Into a City

Once an emergency response to waves of displaced people fleeing violence in neighboring countries, Kakuma Refugee Camp has grown into one of Africa’s most iconic and longstanding settlements. Now, more…

Africa News Now April 7, 2025