Read the latest news from regional and global sources, presenting different voices and perspectives.
Nigeria’s multilateral economic human capital: What next?
The Cable
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June 30, 2025
At the recently concluded Offshore Technology Conference (OTC) of May 5-8, 2025, in Texas, USA, Senator Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources (Oil), confirmed that the African Export–Import Bank (Afreximbank), led...
Rwanda, Nigeria listed among 10 African countries with weakest currencies
The Guardian (Nigeria)
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June 29, 2025
As of mid-2025, several African nations continue to face significant currency challenges, largely due to inflationary pressures, reliance on imports, and prolonged macroeconomic instability. According to a report by Business Insider Africa using...
Guinean cement shortage leads to price surge
International Cement Review
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June 27, 2025
Guinea’s continued cement shortage is causing a surge in prices throughout the country. Currently the price of a bag of cement ranges between GNF95,000-100,000 (US$10.96-11.54), depending on the point of sale and cement type. Previously, a bag of...
Penny stock below Re 1 to be in focus on Tuesday; here's why
Mint
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June 30, 2025
Penny stock under Re 1: Hyderabad-based garments and apparel maker, Filatex Fashions' stock will be in focus of the stock market investors on Tuesday, 1 July 2025, after the company shared a growth update for the fiscal year ended 2024-25. The...
SLFA President Thomas Daddy Brima Accused of Using Football Funds to Pay Government Officials’ Travel
Sierraloaded
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July 1, 2025
The President of the Sierra Leone Football Association (SLFA), Thomas Daddy Brima, is facing criticism after admitting on national television that money meant for football development was allegedly used to pay for government officials and...
After Bihar plant loco export to the Republic of Guinea, BLW dispatches locos to Mozambique
The Indian Express
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June 27, 2025
Amid the Indian Railways’ push for export of rail equipment, the Banaras Locomotive Works (BLW) has exported two locomotives to Mozambique. Officials said that the export was done as per the major contract awarded by Mozambique Railways (CFM) for...
Filatex Fashions revenue rises 7 pc to Rs 191cr in FY25 on export orders
The Print
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June 30, 2025
New Delhi, Jun 30 (PTI) Hyderabad-based textiles manufacturer Filatex Fashions on Monday said its revenue rose by 7 per cent to Rs 191.65 crore in 2024-25 on the back of export orders. The textile and fashion manufacturing company’s total income...
FirstBank wins Gold for Best Corporate University in Social & Climate Change Impact
Nairametrics
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June 27, 2025
FirstBank, the West African premier bank and financial inclusion services provider, is thrilled to announce that its Corporate University, FirstAcademy, has been awarded the Gold Award for Best Corporate University in Social & Climate Change at...
Cote d’Ivoire, Guinea begin field work for final border demarcation
Ghana News Agency
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June 27, 2025
ABIDJAN, June 27 (Xinhua/GNA) — Cote d’Ivoire and Guinea have launched a field data collection operation as part of efforts to finalize the delimitation of their 610-kilometer shared border, said Diakalidia Konate, executive secretary of Cote...
Top 10 African countries with the weakest currencies in June 2025
Business Insider Africa
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June 27, 2025
Many currencies, including the Egyptian pound and the Nigerian naira, have seen sharp declines in value in the previous year as a result of policy blunders, inflationary pressures, and a strong reliance on imports. But for some of these countries,...
10th edition of Candlelight Culture Market
The Portugal News
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Over four nights, more than 60 artisans from different cultures will share traditions, flavours, knowledge and artistic expressions with thousands of visitors. Free to attend, the event is expected to attract around 50,000 people, in an...
Helicopter Landing Levy: NAMA Gives Oil Companies 7-Day Ultimatum For Payment Compliance
The Will
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June 25, 2025
June 25, (THEWILL) – The Nigerian Airspace Management Agency (NAMA) has called on all affected oil companies to comply with payment of their helicopter landing levies to the appropriate authority within a 7-day period. In a public announcement...
CBN Governor urges unity as Afreximbank hits $40bn in Assets, eyes stronger Africa trade
Nairametrics
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June 25, 2025
The Governor of the Central Bank of Nigeria, Yemi Cardoso, has called for strategic cohesion among African states amid the African Export-Import Bank’s (Afreximbank) over $40 billion capital asset expansion as of 2024. Cardoso made the call on...
Africa needs to recognise its 9.6 million domestic workers as key economic drivers- ILO official
Business Day
·
June 25, 2025
Fanfan Rwanyindo, Africa’s regional director, International Labour Organisation’s (ILO) has called on African governments to view its 9.6 million domestic workers as an economic driver supporting the wider economy, and not only as a private matter...
Necaxa's Sylla fled Guinea as a refugee. Now he's living 'Mexican dream'
ESPN Africa
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June 25, 2025
It's been a long road for Ibrahime Sylla, who escaped persecution in Guinea. Now, at Liga MX club Necaxa, he's 'the happiest man in the world'. ESPNIbrahime Sylla is one of nearly 120,000 people who sought asylum in Mexico in 2022. His journey...
Guinea's Weekly Bauxite Port Departures Decline Significantly MoM, with Rainy Season Impact Expected to Gradually Emerge
Shanghai Metals Market
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SMM June 22 News: According to data from June 20, the total weekly port arrivals of bauxite at domestic ports were 4.2009 million mt, a decrease of 38,000 mt from the previous week. The total weekly port departures of bauxite from main ports in...
Roundup: Italy to admit 500,000 non-EU workers by 2028 amid ongoing migration challenges
Xinhua News Agency
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ROME, June 30 (Xinhua) -- The Italian government on Monday approved a new decree setting annual quotas for the admission of non-European Union (EU) workers, allowing up to 497,550 individuals to enter the country for employment over the next three...
Sino-African trade enjoying golden age
China Daily
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A view of Guinea's booth at the fourth China-Africa Economic and Trade Expo in Changsha, Hunan province, in June. ZHANG WEI/CHINA DAILY China and Africa achieved several cooperation deals earlier this month and the signed projects are expected to...
Filatex Fashions revenue rises 7 pc to Rs 191 crore in FY25 on export orders
The Economic Times
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June 30, 2025
Hyderabad-based textiles manufacturer Filatex Fashions on Monday said its revenue rose by 7 per cent to Rs 191.65 crore in 2024-25 on the back of export orders. The textile and fashion manufacturing company's total income increased to Rs 191.65...
Ghana courts Chinese investors with 24-hour economy incentive
Ghana News Agency
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June 24, 2025
By Francis Ntow Accra, June 24, GNA – The Chief of Staff, Mr. Julius Debrah, has urged Chinese manufacturers to take advantage of Ghana’s 24-hour economy initiative, highlighting it as a major incentive for profitable investment. Speaking at the...