Tag: Africa

Afreximbank Commits $3 Billion to Fuel Intra-African Oil Trade

In a significant move aimed at bolstering Africa’s energy independence, the African…

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IMF Forecasts Sharp Increase in African Funding Requests Amid US Tariff Fallout

The International Monetary Fund (IMF) has issued a stark warning: African nations…

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Afreximbank Secures $300 Million with Landmark Chinese Panda Bond

The African Export-Import Bank (Afreximbank) has successfully raised 2.2 billion yuan ($300…

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Lesotho Faces Economic Crisis as US Tariffs Threaten Textile Exports

Lesotho is in a desperate scramble to mitigate the devastating impact of…

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JP Morgan Eyes Major Nigeria Expansion with Merchant Banking Bid

American financial giant JP Morgan Chase & Co. is set to significantly…

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African Startup Funding Plummets in March 2025, Sparking Investor Concerns

A sharp decline in African startup funding in March 2025 has triggered…

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Norway Closes Juba Embassy Amid South Sudan Security Crisis

Reflecting the deepening anxieties over the fragile stability of South Sudan, Norway's…

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Niger Junta Sets Five-Year Transition, Amidst Regional Shifts

In a move signaling a protracted path towards civilian governance, Niger's military…

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