Business

Nigeria Increases Minimum Wage Amid Economic Struggles
- By the Editor
- . 24 July 2024
Nigerian lawmakers have passed legislation to more than double the minimum wage to 70,000 naira ($44.16) a month, following extended

Uganda’s Central Bank Begins Gold Purchases to Bolster Foreign Reserves
- By the Editor
- . 18 July 2024
Uganda’s central bank has launched a program to buy locally-produced gold to strengthen its foreign reserves and navigate challenges in

Ethiopia and UAE Sign $817 Million Currency Swap Agreement
- By the Editor
- . 17 July 2024
The central banks of Ethiopia and the United Arab Emirates (UAE) have signed a bilateral currency swap agreement valued at

South Africa’s New Cabinet Have Accepted the Budget
- By the Editor
- . 16 July 2024
South Africa’s new coalition Cabinet largely accepted the government’s existing fiscal framework, though sticking points may arise when allocations are

Cargo Ship Grounded Off South African Coast
- By the Editor
- . 12 July 2024
The general cargo ship Ultra Galaxy, managed by Ultrabulk, has run aground off the coast of Brand se Baai, 385

South Africa Goes 100 Days Without Load Shedding
- By the Editor
- . 10 July 2024
Dr. Kgosientsho Ramokgopa, South Africa’s Minister of Electricity and Energy, highlighted the achievement of 100 consecutive days without load shedding

Niger Revokes French Operating Licence for Uranium Mine
- By the Editor
- . 28 June 2024
In a bold move that underscores Niger’s shifting geopolitical alliances, the military government has revoked the operating licence of French

Algerian women pioneer eco-friendly farming
- By the Editor
- . 27 June 2024
Ibtissem Mahtout and Amira Messous pick fresh strawberries and tomatoes on the eco-friendly smallholding the two women are working near

Nigeria Drops Tax Evasion Charges Against Binance Executives but Money Laundering Charges Still Active
- By the Editor
- . 17 June 2024
Nigeria has dropped tax evasion charges against two Binance executives on Friday after the world’s largest crypto exchange appointed a