Economy Archives - Page 50 of 55

Nigeria’s EFCC Recovers Nearly $500 Million and Secures Over 4,000 Convictions in Landmark Year

The Economic and Financial Crimes Commission (EFCC) of Nigeria announced on Monday that it had achieved a significant milestone in its fight against corruption in 2024, recovering nearly $500 million…

Africa News Now March 11, 2025

ANN Eastern Africa

Burundi Faces Economic Strain as Conflict in Eastern DRC Disrupts Trade and Transportation

Income-generating projects in Burundi have seen a sharp decline following the escalation of conflict in eastern Democratic Republic of Congo (DRC) in February 2025. The ongoing violence has severely disrupted…

Africa News Now March 11, 2025

ANN West Africa

President John Mahama Concludes Working Visit to Burkina Faso, Focuses on Economic and Security Cooperation

President John Mahama of Ghana has completed a productive working visit to Ouagadougou, Burkina Faso, on Monday afternoon, marking the final stop in his recent diplomatic tour of the three…

Africa News Now March 10, 2025

ANN Eastern Africa

Police Clash with Protesters Over President Ruto’s Church Donation Amid Economic Struggles

Police in Kenya used tear gas to disperse protesters who attempted to occupy a church in Nairobi’s Roysambu suburb, after it received a significant donation of 20 million shillings ($155,000)…

Africa News Now March 10, 2025

ANN West Africa

Mali to Partially Lift Suspension on Mining Permits Amid New Regulations and Concerns

Mali will partially lift its suspension on the issuance of mining permits starting March 15, as announced by the country’s mines ministry on Friday. The move comes after a nearly…

Africa News Now March 9, 2025

ANN West Africa

President Mahama Vows to Strengthen Ghana-Mali Trade Relations, Address Transportation Challenges

President John Dramani Mahama has reiterated his administration’s strong commitment to enhancing regional trade between Ghana and Mali by tackling the challenges impeding the smooth transportation of goods. This move…

Africa News Now March 9, 2025

ANN West Africa

Burkina Faso Secures 13 Billion FCFA for Agricultural Equipment to Boost Hydro-Agricultural Development

Burkina Faso’s transitional government has procured agricultural equipment valued at 13 billion FCFA to strengthen hydro-agricultural infrastructure, as part of its Presidential Initiative for Agricultural Production and the Agro-Pastoral Offensive.…

Africa News Now March 5, 2025

ANN Northern Africa

Libya to Open Bidding Round for Oil Exploration After 17-Year Pause Amid Ongoing Political Instability

Libya is preparing to hold its first oil exploration bidding round in nearly 17 years, a significant move aimed at revitalizing its oil sector. The announcement, made in a televised…

Africa News Now March 4, 2025

ANN Southern Africa

WFP Shuts Down Southern Africa Office Amid U.S. Foreign Aid Cuts

The United Nations World Food Programme (WFP) announced on Monday that it will be closing its southern African office due to severe financial constraints, a move that reflects broader shifts…

Africa News Now March 3, 2025

ANN Northern Africa

Tunisia’s Copper Craft Faces Decline as Ramadan Tradition Struggles to Survive

As Ramadan approaches in Tunisia, the tradition of polishing copper kitchen utensils to prepare for the holy month is alive in the ancient city of Kairouan, a hub renowned for…

Africa News Now March 3, 2025

ANN West Africa

Ivorian Customs Seize $19 Million Worth of Falsely Declared Cocoa Beans in Major Smuggling Bust

Ivorian customs officials have made a significant seizure at the Port of Abidjan, intercepting approximately 2,000 metric tons of falsely declared cocoa beans, valued at an estimated $19 million. The…

Africa News Now February 26, 2025