Russia Imports $30M in U.S. Dollars and Euros from Rwanda Despite Western Sanctions
Russia has imported more than $29 million in U.S. dollar and euro banknotes from Rwanda this year, despite Western sanctions…
Detained Binance Executive Seeks Bail in Nigeria on Health Grounds
Tigran Gambaryan, a Binance executive detained in Nigeria since February, submitted a fresh bail application on Monday citing medical concerns.…
South African Billionaire Johann Rupert Surpasses Aliko Dangote as Africa’s Richest Person
Johann Rupert, the South African luxury goods magnate, has surpassed Nigerian industrialist Aliko Dangote to become Africa’s wealthiest individual, according…
Nigerian Data Agency Fines Fidelity Bank for Privacy Breaches
ABUJA, Nigeria — The Nigeria Data Protection Commission (NDPC) has imposed a fine of zero point one percent of Fidelity…
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…
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…
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…
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…
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…
Ethiopia to Launch Securities Exchange in October as Part of Economic Reforms
Ethiopia’s securities exchange is slated to begin operations in October, according to the chief executive, as reported by state-affiliated media…
