Nigeria’s President Muhammadu Buhari has urged local and foreign investors to inject money into the country’s oil and gas sector undergoing reforms, reports say. Speaking at the commissioning of Pinnacle Oil and Gas Limited’s Lekki Free Trade Zone Terminal in Lagos, the Nigerian President said that the operation of the new facility will lower the […]
Morocco has been ranked Africa’s fifth best performer in the Global Competitiveness Report issued by the Geneva-based World Economic Forum (WEF.) At the continental level, Morocco was advanced by Mauritius, South Africa, Rwanda and Botswana in the Index that examines the determinants of long-term growth in a total of 138 countries. Globally, Morocco gained two […]
With China’s Central Bank making Tuesday (15 August) its largest interest-rate cut since the pandemic and news that its economy has fallen into deflation, the implications of this economic instability in China could have repercussions for Africa, experts warn. China’s National Bureau of Statistics (NBS) said Tuesday (15 August) it would stop releasing youth unemployment […]
