Uganda’s coffee exports surged in May 2025, buoyed by a successful main harvest in the Masaka and south-western regions, according to the latest report from the Uganda Coffee Development Authority …
Economy
- AfricaAFRICA NEWSAgricultureBusiness and EconomyEastern AfricaEconomyMarketsNewsTrade and CommerceUGANDA
- AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesGhanaGOVERNMENTNewsPoliciesWestern Africa
Ghana’s Parliament Approves $2.8 Billion Debt Restructuring Deal
Ghana’s Parliament has approved a $2.8 billion debt restructuring agreement with 25 bilateral creditor nations, a major milestone in the country’s efforts to navigate its deepest economic crisis in decades …
- AfricaEconomyEnvironmentManufacturingNigeria
International Breweries Shifts 95% of Products to Returnable Glass Bottles
International Breweries Plc, a subsidiary of AB InBev, has announced that more than 95 per cent of its product portfolio is now packaged in returnable glass bottles as part of …
- BusinessEconomyPoliciesTrade and Commerce
Stakeholders Push for Non-Oil Trade to Boost Nigeria’s Intra-African
Stakeholders in Nigeria’s trade sector are banking on the growth of non-oil exports to revitalise the country’s intra-African trade, despite a notable decline in export earnings to the continent. According …
- DevelopmentEconomyEducationFinance & ServicesGOVERNMENTNigeriaPoliciesWestern Africa
AfDB Warns Nigeria’s Economic Reforms at Risk Without Strong Institutions
The African Development Bank (AfDB) has raised concerns over Nigeria’s ability to achieve sustainable development despite recent bold policy reforms, citing persistent governance failures and institutional weaknesses as major roadblocks. …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesGOVERNMENTMarketsNewsPoliticsSouth Africa
South African Rand Flat After Political Fallout Over Deputy Minister’s Firing
The South African rand showed little movement in early trade on Friday, stabilising after sharp declines on Thursday, as political tensions between President Cyril Ramaphosa and the Democratic Alliance (DA)—his …
- BusinessEconomyGOVERNMENTNigeriaPoliciesTrade and Commerce
Shettima Urges Private Sector to Support Economic Reforms
Vice President Kashim Shettima has called on the organised private sector in Nigeria to actively support the Federal Government’s ongoing policy reforms aimed at stabilising the economy, creating jobs, and …
- AfricaDevelopmentEconomyFinance & ServicesInfrastructure
Tanzania Ratifies Africa Finance Corporation Agreement to Boost Infrastructure and Economic Growth
The Tanzanian National Assembly has approved the Agreement for the Establishment of the Africa Finance Corporation (AFC), a move expected to open doors for long-term investment financing aimed at accelerating …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTMarketsNigeria
Stanbic IBTC Lists 2.94 Billion New Shares on NGX After Oversubscribed Rights Issue
Stanbic IBTC Holdings Plc has successfully listed 2,944,772,083 additional ordinary shares of 50 Kobo each on the Nigerian Exchange Limited (NGX), following the conclusion of its recently completed rights issue. …
- BusinessCorruptionDevelopmentEconomyGOVERNMENTPolicies
Zimbabwe’s Vice President Warns Against ‘Phantom Entrepreneurship’ and Corruption
Vice President Constantine Chiwenga has sounded a strong warning against what he described as “phantom entrepreneurship” and corrupt practices that threaten Zimbabwe’s economic stability. Speaking at the Zimbabwe National Chamber …