In a significant development for Africa's energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments ...

The Africa Energy Bank failed to begin operations in March as promised by the Minister of State for Petroleum Resources, Heineken Lokpobiri.In February, Lokpobiri said the building hosting the bank in ...

Nigerian economist Akinwumi Adesina will wrap up his tenure as the president of the African Development Bank Group (AfDB) in September this year. In an exclusive interview with the BBC ...

Keeping South Africa’s inflation target at the current range will be costly for the government, according to central bank ...