Tanzania and China have recently finalized a partnership agreement to construct the last segment of the Standard Gauge Railway line connecting Tanzania to some of its neighbours. Intended to link the port of Dar es Read More
Tags :Economy
Uganda has started the process of preparing some of its citizens for an economic boom, following plans to intensify oil production by 2025. Last week, Sinopec Uganda started the screening process to provide qualified candidates with Read More
In a single contraband bust, Indian authorities have sized 6KG of gold worth $3.942 million at the Mumbai International Airport. They seized 53KG worth of gold from 4 Indians on their way back from Tanzania, while the Read More
According to Bloomberg, Ghana’s Cedi depreciated as much as 3.3% taking its losses this year to more than 45%, the most among 148 currencies tracked by Bloomberg. The currency has overtaken the losses of the Sri Lankan Read More
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As the country’s economic metrics have continued to maintain its upward trend, Nigerian students who combine academics with entrepreneurship are facing setbacks in growing their business. For Twentyten Daily, Quadri Yahya spoke to some Read More
The Gambia has recently signed a deal with the World Bank to loan up to $68 million that would be used to revive the country’s tourism sector. The grant would promote diversification and climate resilience Read More
The amount Nigerians spent on electronic bills grew by 387.19 per cent from N189.50bn in the first four months of 2019 to N923.24bn in the corresponding period of 2022. This indicates an increase in the use Read More
The South African government is considering an extension on the reduction in the general fuel levy until early August to ease pressure on consumers from high domestic fuel prices linked to the Russia-Ukraine conflict. In Read More
Figures obtained from the Central Bank of Nigeria’s January monthly report on ‘Foreign Exchange Market Developments’ showed that $1.71bn and $1.65bn were injected in December 2021 and January 2022 respectively. This is part of efforts to Read More
Three years after Zimbabwe reintroduced its currency, a decade after abandoning it for mainly the United States dollar, the local currency’s value has declined from about 2.5 to the US dollar in 2019 to 285 to the Read More
