African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The Federal Inland Revenue Service (FIRS) has urged the Office of the Accountant-General of the Federation to ensure that all Ministries, Departments, and Agencies (MDAs) of government comply with tax …
President Donald Trump and Republican lawmakers in the United States have moved forward with a new plan to reduce government spending by approving a controversial $9 billion cut. The cuts …
The Mahikeng High Court in South Africa has ordered Ditsobotla Local Municipality to pay over R7.5 million to Kwende Construction CC for emergency electricity repairs carried out in December 2023. …
President Cyril Ramaphosa has reaffirmed the South African government’s plan to invest more than R1 trillion in infrastructure over the next three years to improve the nation’s roads, ports, rail …
Uganda’s foreign exchange reserves have seen a major increase, jumping from $3.2 billion to $4.3 billion within one year. This rise represents about a 33% growth, giving the East African …
The popular Nyege Nyege music and arts festival in Uganda has not only entertained thousands of fans from across the world but has also brought in a huge boost to …
The Sea Empowerment and Research Centre (SEREC) has called on the Federal Government and the Nigeria Customs Service (NCS) to urgently review the operations of bonded terminals across the country. …
The World Bank Group has reported a significant rise in the number of adults using financial accounts to save in Nigeria and other developing countries, marking the fastest growth in …
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for stronger compliance with oil and gas sector regulations, especially in midstream and downstream operations. This call was made …
Food prices across key markets in Lagos State surged sharply in July 2025, with common household staples such as onions, rice, and pepper leading the price increases. This development has …
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