African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Industrial and General Insurance Plc (IGI) has announced that it paid more than ₦1.8 billion in claims to policyholders over the past year, reaffirming its commitment to rebuilding public trust …
Nigerian renewable energy company, Winock Solar, has been named the fastest-growing energy firm in Africa, according to the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The firm, which is …
Nigerian renewable energy firm Winock Solar has been named Africa’s fastest-growing energy company, according to the 2025 Financial Times list of Africa’s Fastest-Growing Companies. The firm announced the milestone on …
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Omatsola Ogbe, has called on international oil companies (IOCs) operating in Nigeria to actively engage local …
APM Terminals has said that Africa can only achieve lasting infrastructure, inclusive job creation, and sustainable economic growth through strong partnerships between government and private companies. This was the main …
Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has been praised by the Nigerian government for prioritising national development over foreign wealth opportunities. At a time when …
Ghana is currently embroiled in a significant dispute with the African Export-Import Bank (Afreximbank) concerning the restructuring of a $768.4 million debt. This disagreement has emerged as a critical issue …
Standard Chartered Bank Kenya has reported a net profit of KSh20 billion for the 2024 financial year, showing a 45 percent increase compared to the KSh13.8 billion it made in …
Dangote Petroleum Refinery and Petrochemicals has entered into a new partnership with Vinmar Group, a global petrochemicals distribution company, to take Dangote’s polypropylene products to international markets. This move comes …
Kenya Commercial Bank (KCB) Group has announced that it made a net profit of KSh16 billion in the first quarter of 2024, which is the same amount the bank made …
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