Egypt experiences rapid employment losses despite officially declining jobless figures
Egypt's private sector is cutting jobs faster than it has in nearly six years, new data shows. This comes despite...
Africa
11 articles
Abiy Ahmed wins Ethiopian election, prioritizes nationwide reconstruction efforts
Prime Minister Abiy Ahmed has won a commanding election victory that secures his grip on power for another term. His...
Zimbabwe government boosts worker pay eighty percent amid economic improvements
Zimbabwe has lifted the minimum wage for workers in unclassified sectors by 80 percent. Officials credit the move to economic...
Egyptian pound surges to global leadership amid declining petroleum costs
Egypt's currency has become the world's strongest performer following a sharp drop in global oil prices. The Egyptian pound has...
Global uncertainties fail to slow Africa's expanding financial momentum
Tentative peace talks between the United States and Iran have eased some global jitters. Oil prices have fallen and investor...
ECOWAS Parliament demands enhanced transparency through open financial examinations
Lawmakers on the ECOWAS Parliament's Public Accounts Committee will soon hold open hearings on audit findings. Osita Izunaso, the committee's...
Nigerians escaping South Africa violence arrive Lagos this week
Nigerians fleeing xenophobic violence in South Africa will touch down in Lagos on Thursday morning. An Air Peace aircraft carrying...
Stanbic pursues growth opportunities across Ethiopia amid regulatory acquisition challenges
Stanbic Bank is exploring a full ownership operation in Ethiopia. The South African lender is reconsidering how it expands as...
Nigeria receives inaugural Fitch rating upgrade after two decades
South Africa's credit rating just got a boost from Fitch Ratings on Friday. The agency elevated the country's long-term foreign...
Ghana battles soaring food expenses amid rising inflation surge
Ghana's inflation climbed to 3.7 percent in May. It's the highest rate the West African nation has recorded since January....
Kenya battles soaring energy costs amid worst inflation spike
Fuel price spikes pushed Kenya's inflation to its highest level in more than two years during May. The Kenya National...