Investors holding Ethiopia’s defaulted $1 billion bond have contested the International Monetary Fund’s (IMF) evaluation of the country’s debt relief needs. They argue that the IMF has ...

The recent G20 foreign ministers’ meeting revealed significant economic divisions, as global economic challenges, including inflation, trade tensions, and the ongoing Ukraine conflict, remain ...

Representatives from Addis Ababa and Mogadishu have met in Ankara for a first round of conversations on resolving the dispute triggered by Ethiopia’s memorandum of understanding (MOU) with ...

Minister of Energy and Electricity, Dr. Kgosientsho Ramokgopa, offered a public apology to South Africans on Sunday morning as the country once again faces Stage 6 load shedding. Speaking at a ...

Kenya’s tax authorities are investigating British American Tobacco Kenya (BAT Kenya) for a $28 million tax discrepancy. The investigation centers on alleged underreporting of taxable income ...

Souleymane Cissé, the pioneering Malian filmmaker, passed away at 84 in Bamako, Mali. He was a trailblazer in African cinema, becoming the first Black African filmmaker to win the Jury Prize at ...

The European Union has stated it cannot make up the shortfall caused by the US’s suspension of aid across sub-Saharan Africa. Although the EU remains committed to its own humanitarian programs ...

Anglo American has reduced the value of its diamond subsidiary, De Beers, by $2.9 billion, marking the second consecutive year of such writedowns. This adjustment reflects ongoing challenges in ...

Fela Kuti’s “Colonial Mentality,” from his 1977 album Sorrow Tears and Blood, is a significant critique of post-colonial African society. The song challenges African people who have ...

Kenya’s tea industry faces potential setbacks following a diplomatic dispute with Sudan. The Sudanese government recalled its ambassador after Kenya hosted a political meeting for Sudan’s ...

Kenya is set to receive a $1.5 billion loan from the United Arab Emirates (UAE) by the end of next week, according to sources familiar with the matter. This funding aims to bridge Kenya’s budget ...

South Africa faces a stark financial inclusion challenge, deeply intertwined with its socio-economic landscape. Despite the strides made in expanding banking services, 15% of the population ...