Economy

The Kenyan government has announced a major change in its financial plans by cutting down its revenue target in the 2025 Finance Bill by Ksh314 billion. This decision comes after …

The Algerian government has taken fresh steps to strengthen its economic presence in Libya, holding a high-level meeting with local banks and export companies to tackle the challenges facing exporters …

The European Union (EU) has officially removed the United Arab Emirates (UAE) from its list of high-risk countries for money laundering and terrorist financing. The announcement, made on Tuesday, brings …

The introduction of the Energy Sector Levies (Amendment) Bill, 2025 in Ghana’s Parliament has sparked strong political debate between the Majority and the Minority, with accusations of deception, betrayal, and …

The World Bank has reduced growth forecasts for nearly 70 percent of the world’s economies due to rising trade tensions and policy uncertainty. In its latest Global Economic Prospects report, …

Uganda’s economy received a strong push in April as goods exports recorded their fastest growth in over a year, giving hope to the country’s trade outlook. According to official data …

Ethiopia’s economy is expected to grow by 8.9% in the upcoming fiscal year, a slight increase from this year’s estimated 8.4%, according to projections presented by the country’s Finance Minister …

The South African rand opened slightly stronger on Wednesday morning as anticipation built around a crucial parliamentary vote on key budget legislation that could shape investor confidence and influence local …

South African macadamia nut farmers are bracing for a major economic shake-up as the United States considers implementing steep import tariffs that could significantly impact the country’s lucrative nut exports. …

Nigeria’s telecommunications industry is under heavy financial pressure due to its growing reliance on diesel-powered generators, with operators spending more than $350 million (over ₦500 billion) annually to fuel their …