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Malian customs services foiled a major attempt at illegal currency transfer on Monday, November 18 at Bamako International Airport. On…
The African Export-Import Bank (Afreximbank) has successfully raised JPY 67.2 billion (approximately $530 million) through its inaugural Samurai bond issuance.
OCP Nutricrops, a subsidiary of Morocco’s OCP Group, has entered into a strategic partnership with QatarEnergy to secure a long-term supply of sulfur.
The Climate Investment Funds (CIFs) have announced a groundbreaking initiative to unlock climate finance through a bond listing program on the London Stock Exchange.
In a surprise move, the Ethiopian government has increased customs duty on imported electric vehicles, raising the rate from 15 percent to 20 percent.
African economies lose up to 5 percent of GDP on average annually because of climate-related disruptions, said Claver Gatete, United Nations Under-Secretary and Executive Secretary of Economic Commission for Africa (ECA).
The National Bank of Ethiopia (NBE) on Thursday said it has revised its foreign currency retention policy, allowing exporters to retain 50 percent of their foreign currency earnings indefinitely.
The Sangomar oil field has produced 2.82 million barrels of crude oil in October 2024, according to the latest report from the Ministry of Energy, Petroleum, and Mines.
AXIAN Energy has secured €84 million in financing to develop a major solar power plant and storage facility in Senegal.
The African Financial Summit (AFIS) 2024 will take place in Casablanca from December 9th to 10th.