Angola is conducting stress tests to assess the impact of falling oil prices on its government finances, Finance Minister Vera Daves de Sousa said on Friday, noting that the situation increases the likelihood of seeking an IMF loan programme. Angola is conducting stress tests to assess the impact of falling oil prices on its government…
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The brutal violence that has plagued the Democratic Republic of Congo (DRC) for months has come to an end after Rwanda and the DRC signed a peace agreement. Peace agreement signed between Rwanda and the Democratic Republic of Congo in Washington. Deal focuses on promoting peace, economic development, and respecting sovereignty. Aims to attract major…
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Burkina Faso’s military-led government has granted an industrial mining license to Russian company Nordgold for a new gold project. Burkina Faso’s military-led government grants mining license to Russian company Nordgold for new gold project. Move is part of the nation’s effort to strengthen its economy amid ongoing insecurity and high gold prices. Niou gold deposit…
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Meta Platforms has lost its appeal against a $220 million fine imposed by Nigeria’s competition watchdog for breaching local consumer protection, data privacy, and related laws. Meta Platforms has lost its appeal against a $220 million fine imposed by Nigeria’s competition watchdog. The fine was for breaching local consumer protection, data privacy, and related laws.…
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In 2024, global employee engagement dropped from 23% to 21%, marking only the second time in 12 years this has happened. While this data reflects a global pattern, it hits especially close to home in Africa, where workplace stress levels are among the highest in the world. Business Insider Africa presents the top 10 African…
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Nigeria has begun formal discussions with JPMorgan to re-enter the Government Bond Index for Emerging Markets, nearly a decade after being removed due to concerns over foreign exchange (FX) transparency and market liquidity. Nigeria is in formal discussions with JPMorgan to re-enter the Government Bond Index for Emerging Markets. Recent FX reforms have made Nigeria…
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