Tag: Business News
Business Africa
Central African Republic Seeks Russian Support to Strengthen Energy Sector
The government of the Central African Republic has requested assistance from Russia to help address persistent energy shortages, following discussions between President Faustin‑Archange Touadéra...
Business Africa
Angola Secures World Bank and MIGA Guarantees for Debt-for-Education Swap
The government of Angola has secured financial guarantees from the World Bank and its insurance arm, the Multilateral Investment Guarantee Agency (MIGA), to support...
Business Africa
African Rainbow Minerals Half-Year Profit Rises 10 Percent on Stronger Platinum Prices
South African mining group African Rainbow Minerals reported a 10 percent rise in half-year profit, supported by stronger prices for platinum group metals, as...
Business Africa
China Orders Top Refiners to Halt Diesel and Gasoline Exports
China’s government has instructed the country’s largest oil refiners to suspend exports of diesel and gasoline, prioritizing domestic fuel supply amid disruptions to crude...
Business Africa
CBN Raises Gold Holdings to $3.5 Billion, Strengthening Reserve Strategy
The Central Bank of Nigeria has increased its gold holdings to $3.5 billion, acquiring London Bullion Market Association (LBMA)‑standard gold as part of a strategic...
Business Africa
Tinubu Renews Appointment of Prof. Ayo Omotayo as NIPSS Director-General
Nigeria’s President Bola Ahmed Tinubu has approved the renewal of the appointment of Ayo Omotayo as Director-General of the National Institute for Policy and...
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Africa
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Africa’s Literacy Champions: The Top 5 Nations Leading the Continent’s Educational Ascent
In the narrative of Africa’s development, literacy remains a...