Ethiopia Faces Challenges in $1 Billion Bond Restructuring Effort
Ethiopia is intensifying efforts to restructure its $1 billion international bond as part of a broader debt overhaul, facing resistance from investors over potential...
Libya’s Central Bank Halts Operations Following Kidnapping of Senior Director
TRIPOLI, Libya — Libya's central bank announced Sunday the suspension of all operations following the kidnapping of its information technology director, Musab Msallem, from...
Health of Detained Binance Executive Deteriorates in Nigerian Prison Amid Money Laundering Charges, Wife Reports
LAGOS, Nigeria - The health of Tigran Gambaryan, a detained Binance executive, has reportedly worsened while he remains in a Nigerian prison facing serious...
Price Instability Grips Ethiopia Amid Foreign Exchange Rate Reforms
ADDIS ABABA, Ethiopia - Prices in Ethiopia’s capital, Addis Ababa, are spiraling out of control following the government’s introduction of a flexible exchange rate...
Dangote Refinery Urges Nigeria to Enforce Crude Supply Laws for Local Refiners
Lagos, Nigeria -The Dangote Oil Refinery, Africa's largest refinery, has called on Nigeria’s upstream oil regulator to enforce existing laws that require crude oil...
