Economy

By Emmanuel Nduka Obisue The World Bank has called on the Ethiopian government to accelerate telecom reforms and open up the sector further to boost digital inclusion and economic growth. In its Ethiopia Telecom Market Assessment...

By Emmanuel Nduka Obisue  A new investor, Arise IIP Limited, has officially taken over Rivatex East Africa Limited under a 21-year lease agreement, leading to the loss of about 3,000 jobs as part of a sweeping...

By Ebi Kesiena The Naira appreciated against the U.S. dollar in the parallel (black) market on Wednesday, marking a modest rebound after recent declines. A Bureau De Change operator in Abuja, Abubakar Alhasan, confirmed to the...

By Emmanuel Nduka Obisue  The World Trade Organization (WTO) under the leadership of Dr. Ngozi Okonjo-Iweala has sharply raised its forecast for global goods trade growth this year following an unexpectedly strong first half. The WTO...

By Enyichukwu Enemanna A state audit has uncovered how mining companies operating in the Democratic Republic of Congo (DRC) underreported the sum of $16.8 billion in revenue between 2018 and 2023, potentially reducing funds for the...

By Emmanuel Nduka Obisue  The African Development Bank (AfDB) has announced plans to disburse $500 million to Nigeria before the end of 2025, as part of a broader $1 billion budget support facility designed to cushion...