Egypt tourism revenue bounces back after crippling dollar shortage
Egypt tourism receipts almost tripled and worker remittances rose in the last three months of its fiscal year, marking another step in
Cameroon cuts down levy on cocoa export amid global price slump
Cameroon has halved its levy on cocoa exports to boost revenues for farmers and exporters hit by a dive in global prices over the past
Nigeria’s mobile economy not gaining traction on low adoption of smart phones, mobile money
The low adoption of smart phones and mobile money are contributing to the low traction being made by Nigeria among other countries in
Mozambique cuts key lending rate to 22.5%
Mozambique’s Central Bank reduced its benchmark lending rate by 25 basis points to 22.5 per cent, the regulator’s website showed
Nigeria in pole position to benefit from $75bn e-commerce driven African market opportunity – Report
Nigeria, Africa’s economy by gross domestic products and its most populous, sits in pole position among the continent’s
Increased regulatory pressures, high punitive fines seen ‘derisking’ banks
Increased regulation on anti-money laundering and accompanying swinging fines have made banks too risk-averse and left many genuine
World Trade Centre expert decries declining non-oil imports under AGOA
The World Trade Centre in Miami, Florida, has decried the declining trend of non-oil imports from sub-Saharan Africa to the U.S. under
Global demand for oil remains strong, as new market entrant, Uganda poised to increase supply by 2020
Global demand for oil remained strong above projections in half year 2017 on robust economic growth, said Goldman Sachs, an
Intimidation tactics gag traders in Kenya’s currency market
Kenya’s central bank is taking an unusual (intimidation) approach to protecting its currency. According to Bloomberg’s report,
MTN, Vodacom on the hunt for NTT’s African unit
MTN Group, Africa’s biggest mobile phone operator and Vodacom Group are believed to be on the hunt for the African business unit of