Economy

Ethiopia’s parliament has introduced a bold tax initiative to bridge the budget shortfall caused by the abrupt suspension of USAID funding. The revenue generated will support the newly established Ethiopian Disaster Risk Response Fund, which aims...

By Emmanuel Nduka The Bank of Industry (BOI) has launched a new initiative- the Project Guaranteed Loans for Women (GLOW), with a massive ₦10 billion fund aimed at empowering female entrepreneurs across Nigeria. The announcement, made...

Malawi has rolled out a temporary halt on importing a bunch of goods that folks can already find within its borders, aiming to give local makers a leg up. Late Monday, Trade and Industry Minister Vitumbiko...

By Emmanuel Nduka Ethiopian Airlines has signed an agreement with the African Development Bank (AfDB) to develop Africa’s largest airport. According to the agreement, the Bishoftu International Airport project is worth $7.8 billion. The project aims...

By Enyichukwu Enemanna President of Democratic Republic of Congo, Felix Tshisekedi has held talks with a U.S. lawmaker Ronny Jackson, a meeting that focused of opportunities for Washington to invest in the East African country's mineral...

By Enyichukwu Enemanna Kenya has opened talks with the International Monetary Fund (IMF) to explore fresh borrowing options as both sides agreed to step down a ninth review of the outstanding $3.6 billion loan. Faced with...