The African Development Bank (AfDB) has initiated a review of an internal investigation that took place against its president Akinwumi Adesina who is seeking...
South Africa since last year has been experiencing major power cuts due to the challenges confronting its power producer Eskom.
The company is struggling to...
Fifteen people were killed on Thursday when a gang of armed men attacked two banks and a police station in the central Nigerian town of Offa, police told AFP Friday.
South Africa’s tough economic conditions have taken their toll on Barclays Africa, with the bank’s revenue falling by 1%. It still outperformed its UK...
Tanzania has shut down one of the country's largest banking institutions, FBME, following charges of aiding the finance of terrorism by US authorities.
A statement from the central bank said it had revoked its licence.
It was accused in the US of, among other things, money laundering and facilitating the payment of thousands of dollars from a financier of the Lebanese Hezbollah Islamist militants.
Zimbabwe's central bank has printed half of the 'bond notes' quasi-currency it intends to issue under a $200 million scheme, a state newspaper reported on Friday, as the country grapples with a biting shortage of U.S. dollars.
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
