Economy Archives - Page 46 of 55

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

ANN West Africa

Burkina Faso Reaffirms Partnership with World Bank to Tackle Development, Security Challenges

Burkina Faso’s Prime Minister Jean Emmanuel Ouédraogo has reiterated his government’s strong commitment to deepening collaboration with the World Bank to address the country’s pressing development and security challenges. The…

Africa News Now April 7, 2025

African Diaspora ANN Southern Africa

Mnangagwa Lifts U.S. Import Tariffs Amid Rising Trade Tensions With Washington

Zimbabwean President Emmerson Mnangagwa announced the suspension of all import tariffs on goods originating from the United States, in what he described as a diplomatic gesture aimed at fostering improved…

Africa News Now April 7, 2025

ANN Northern Africa West Africa

Mali Denies Drone Violation of Algerian Airspace Amid Conflicting Claims

The Malian military has denied accusations that one of its drones violated Algerian airspace, following reports that an unmanned aircraft crashed in the Tinzouatène region, near the Algeria-Mali border. In…

Africa News Now April 3, 2025

ANN West Africa

Mali Raises 43 Billion CFA on WAEMU Market, Exceeding Target Amid Strong Investor Confidence

Mali's transitional government successfully raised 43 billion CFA francs ($71 million) on the West African Economic and Monetary Union (WAEMU) financial market, surpassing its initial target of 40 billion CFA…

Africa News Now April 3, 2025

ANN West Africa

Nigeria Secures $1.08 Billion World Bank Loan to Strengthen Economy, Education, and Nutrition

Nigeria has secured $1.08 billion in concessional financing from the World Bank to support economic resilience, expand access to education, and improve nutrition for vulnerable communities, the global lender announced.…

Africa News Now April 3, 2025

ANN Southern Africa

EFF Seeks to Block South Africa’s Budget Vote, Threatens Legal Action

South Africa’s opposition party, the Economic Freedom Fighters (EFF), has formally requested that Parliament’s Speaker, Thoko Didiza, halt Wednesday’s scheduled vote on the next stage of the national budget process.…

Africa News Now April 2, 2025