Africa’s recent progress in bringing down inflation is facing renewed pressure as global oil prices climb, raising concerns that higher energy and transport costs could reverse some of the gains …
The European Bank for Reconstruction and Development (EBRD) has lowered its economic growth forecast for sub-Saharan Africa, but maintained its projection for Nigeria at 4.2 percent in 2026. The bank …
Africa’s efforts to close its infrastructure deficit are being affected not only by limited access to funding but also by the high cost of raising capital for major projects. Nigeria’s …
The United States has raised its benchmark interest rate for the first time since July 2023, adding fresh pressure to monetary policy decisions expected this week in Nigeria, Ghana and …
Nigeria’s three-year economic reform programme is entering a crucial stage as the government focuses on ensuring that the gains achieved through major policy changes can be sustained and used to …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified that the $300 helicopter levy for air navigational services remains payable, while the Terminal Navigational Charge (TNC) does not apply to …
Growth dominated conversations at the 2026 Africa Business Convention (ABC), but speakers were quick to move away from lofty rhetoric, insisting that Africa’s next phase of economic expansion will depend …
South Africa’s rand firmed on Monday, clawing back part of the heavy losses recorded in the previous trading session, as investors reassessed movements in global commodity prices and emerging market …
Artificial intelligence will play a central role in determining the success of the African Continental Free Trade Area and shaping the future of cross-border commerce across the continent, according to …
South Africa’s biggest mobile operator, Vodacom Group, has announced a major step to increase its presence in Africa with a plan to take control of Safaricom, East Africa’s largest telecoms …
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