African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Nigeria’s earnings from crude oil exports fell sharply in the first two months of 2025, dropping by 17 percent year-on-year to $6.68 billion, according to figures from the Central Bank …
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to using the Nigeria-China Strategic Partnership (NCSP) to drive industrialization, infrastructure growth, and economic transformation across the country. This came during …
President Bola Ahmed Tinubu has asked the National Assembly to approve new foreign loans amounting to $24.14 billion. If the lawmakers give the go-ahead, Nigeria’s total public debt may jump …
In a landmark event for Nigeria’s financial sector, the country successfully hosted the 2025 Africa and Middle East Depositories Association (AMEDA) Conference for the first time in history. The two-day …
The South African rand opened weaker on Tuesday morning as financial markets turned their focus to the upcoming interest rate decision by the South African Reserve Bank (SARB),the rand was …
The insightful investor, whether seasoned or just stepping into the vibrant currents of Nigeria’s property market, understands that numbers, while crucial, are but one part of the story. In our …
Stakeholders in the oil and gas industry are preparing to gather for the official launch of the South African National Petroleum Company (SANPC) — a major milestone in the country’s …
The World Bank has revised its economic growth forecast for Kenya down to 4.5% for 2025, cutting half a percentage point from its earlier projection. The global lender cited rising …
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that it is shutting down the Port Harcourt Refining Company (PHRC) for a planned maintenance exercise, starting from May 24, …
Over the past four years, the southeastern region of Nigeria has experienced significant economic and social disruptions due to the Indigenous People of Biafra (IPOB)’s sit-at-home orders. These weekly shutdowns, …
Chat us up