africanews.com markets news headlines
Nigeria files fresh charges against ex-central bank chief
On Friday, the Economic and Financial Crimes Commission (EFCC) filed new charges against Godwin Emefiele, including alleged fraudulent foreign exchange allocation of $2 billion, local media reported
Poll shows Egypt's March inflation figures expected to edge upwards
Prices in Egypt are adjusting to a currently devaluation and an interest rate hike in March, linked to an IMF financial support package.
British man running length of Africa nears finish line
Russ Cook, who calls himself the "Hardest Geezer", began the challenge in April last year, starting out in the southernmost point of the African continent, Cape Agulhas in South Africa
We are working on ways to support drought-hit African countries- IMF
I think it's important to start by saying that we have seen over the last several years and decade an increased frequency of climate shocks globally. And Africa has been particularly hard hit by these climate shocks.. we see this, of course, happenin
Nigerian authorities pursue legal action against Binance and executives
The court hearing, which took place in the capital, Abuja, saw Tigran Gambaryan, Binance's head of financial crime compliance, present, while Nadeem Anjarwalla, the company's regional manager, remains at large after fleeing custody in March
Ivory Coast to increase official farmgate cocoa price
It comes as President Allassane Ouattara on Saturday validated a proposal for a price of between 1,100 and 1,200 CFA francs per kg before reversing his decision and asking that the price be even higher.
Government subsidizes market to make products affordable
The Algerian government has subsidized a market in Algiers where products are affordable, and most importantly - available
EU plans to fast-track some financial aid to Egypt.
The European Union intends to fast-track some of its aid money to Egypt using an urgent funding procedure that bypasses parliamentary oversight and other safeguards, according to the president of the bloc's executive branch.
Fallen crypto mogul Sam Bankman-Fried gets 25 years jail term
Bankman-Fried was convicted in November of fraud and conspiracy a dramatic fall from a crest of success that included testimony before Congress and celebrity endorsements.