Finance

FinanceNewsWorld

Namibia, Angola Hold First Bi-National Commission to Deepen Trade, Energy and Transport Links

Namibia and Angola convened their inaugural Bi-National Commission in Luanda on Thursday, establishing a formal platform to expand cooperation in trade, energy, transport...

FinanceNewsWorld

IMF Tells Nigeria to End Fuel Subsidies While US and Europe Spend Billions on Energy Support

The International Monetary Fund has warned Nigeria against restoring a broad petrol subsidy, recommending targeted relief for vulnerable households instead. The advice has...

FinanceNewsPolitics

Traoré’s Two Books Raise CFA 125 Million for Burkina Faso’s Patriotic Support Fund

Two books centred on the actions and vision of Burkina Faso’s military leader, Captain Ibrahim Traoré, have generated 125.01 million CFA francs, over...

FinancePoliticsWorld

How the Multi-Trillion Naira Coastal Road Became an APC Cash Cow Just Like the Notorious Nigeria Air Aviation Scandal

The ruling All Progressives Congress is facing an intense wave of public anger as the controversial N15.6 trillion Lagos-Calabar Coastal Highway mirrors the...

FinanceNewsWorld

Ethiopia Opens Its First Gold Refinery With $50 Million Investment

Ethiopia has inaugurated its first national precious metals refinery, a $50 million joint venture aimed at turning the East African nation into a...

FinanceNews

IMF Ranks Ethiopia, Guinea, Uganda, Rwanda and Benin as Africa’s Fastest-Growing Economies in 2026, Nigeria Absent From List

The International Monetary Fund has published its list of Africa’s fastest-growing economies for 2026, and Nigeria does not appear anywhere on it. The...

FinanceNews

Lagos-Calabar Highway Costs $15.7m Per Kilometre, Nigeria Pays More Than Benin, Côte d’Ivoire and Senegal Combined

The Lagos-Calabar Coastal Highway is costing Nigeria far more per kilometre than similar road projects in neighbouring West African countries, and the disparity...

FinanceNewsPolitics

Amaechi Claims Tinubu Spent N12 Billion to Change National Anthem, But Was It Budgeted For?

Former Minister of Transportation and 2027 African Democratic Congress vice presidential candidate, Rotimi Amaechi, has alleged that the President Bola Tinubu government spent...

FinanceNewsWorld

Senegal’s Power Cuts Force Government to Push Gas as the Long-Term Fix

Senegal’s energy minister says the power cuts that hit the country hard in September have made one thing clear: the country cannot keep...

FinanceNewsWorld

Barrick Reaches Deal With Mali Unions to Avert Strike at Loulo-Gounkoto as Government Tightens Grip on Gold

Barrick Mining has signed a new collective bargaining agreement with unions at its Loulo-Gounkoto gold complex in western Mali, averting strike action that...

AgricultureBusinessFinanceFoodWorld

Nigeria Grows 2.3 Million Tonnes of Tomatoes and Still Spends $360 Million Importing Paste

Nigeria is Africa’s second-largest tomato producer. The country grows about 2.3 million tonnes of tomatoes every year, and its farmers account for roughly...

FinanceNewsWorld

Burkina Faso Opens First Gold Refinery to Process Its Own Gold

Burkina Faso has opened its first gold refinery, a move the military government says will allow the country to process more of its...