Economy

Ethiopia has secured a $1 billion funding package from the World Bank to support its ongoing economic reform programme and boost economic growth, the country’s Ministry of Finance announced on …

South Africa’s currency, the rand, made a slight recovery in early trading on Tuesday after hopes emerged that the country could still negotiate a less severe trade agreement with the …

The International Monetary Fund (IMF) says Nigeria can make real progress if it increases its revenue, builds a better national budget system, and expands its cash transfer programme to help …

Egypt is moving forward with its New Administrative Capital (NAC), a multi-billion-dollar mega city project meant to reduce pressure on Cairo and become the country’s new political and economic centre. …

Kenya’s Standard Gauge Railway (SGR), one of East Africa’s major transport investments, is seeing a major shift in usage. While passenger numbers have continued to fall for the third year …

Togo has emerged as the top performer in public debt management within the West African Economic and Monetary Union (WAEMU) in the first half of 2025, recording the sharpest decline …

The Sustainability Professionals Institute of Nigeria (SPIN) has inducted 96 new members at its 2025 cohort induction ceremony, marking a significant growth milestone for the professional body as it positions …

Lasaco Assurance Plc has introduced a new insurance product designed to protect Nigerian farmers and agricultural cooperatives against risks in the agriculture sector. The company presented its Cooperative Insurance Scheme …

Tensions are rising on the global economic stage as China has come out in defence of the BRICS alliance, saying the group is not seeking confrontation, following threats by former …

The World Bank has issued a stern warning about the rapid rise of extreme poverty in Nigeria, saying the country is now one of 39 economies where conflict and instability …