KIKUUBE: Uganda on Tuesday started the drilling of oil for commercial production in the Western Region district of Kikuube on...

HOUSTON: Oil prices are falling. Now many experts expect the trend to continue over the next two years, with significant...

LAGOS: The African Development Bank (AfDB) said on Thursday it has approved a 5.12-million-U.S. dollar funding to fund the emergency...

MOGADISHU: The World Bank has approved 50 million U.S. dollars in International Development Association (IDA) financing to help Somalia tackle...

DAR ES SALAAM: The East African Community (EAC) will send a verification mission to Somalia this month to assess the...

DAR ES SALAAM: Tanzanian President Samia Suluhu Hassan has appointed a new governor of the east African nation's central bank,...

TUNIS/CAIRO: China's move to downgrade the management of COVID-19 from Class A to Class B starting from Sunday has excited...

KIEV: Ukraine will require at least 39.5 billion U.S. dollars in external financing next year to keep its economy afloat,...

GOMA: The regional force of the East African Community (EAC) on Friday officially took control of Kibumba, a town about...

HARARE: Zimbabwe's economic growth is forecast to slow to 3.5 percent in 2022 due to renewed domestic and external shocks,...