The Africa Development Fund has given the green light for a $3.9 million grant to be allocated towards the Liberia payments infrastructure and systems project. The Central Bank of Liberia’s main data center and disaster…

Uganda's Ministry of Finance has announced that the country's public debt is expected to enter a "declining trend" due to projected strong economic growth of 7%, starting in 2025 when oil production is set to…

The Central Bank of Nigeria (CBN) has instructed commercial banks in the country to collect old Naira notes they deposited with the CBN in a bid to end the current Naira scarcity. According to a…

The United States Government's Prosper Africa initiative has recently concluded a $274m long-term financing agreement aimed at improving the housing sector in Nigeria and other West African countries. The partnership is comprised of several institutions,…

Nigeria's state-run oil company, the Nigerian National Petroleum Company (NNPC), has announced that an investment of about $32.6 billion will be required to revamp its refineries, pipelines, and downstream infrastructure. The NNPC Downstream Group Executive…