The race to lead the African Development Bank (AfDB) is getting hotter as the date for the election draws near. The current president of the bank, Nigeria’s Dr. Akinwumi Adesina, …
The International Monetary Fund (IMF) has told African governments to stop depending too much on public spending and instead focus on supporting the private sector. According to the IMF, this …
The recent trade decision by United States President Donald Trump is now causing serious economic pressure across Africa. President Trump, under his “Liberation Day” trade policy, has introduced fresh tariffs …
South Africa’s credit rating has been kept at ‘BB-‘ with a stable outlook by two of the world’s major credit rating agencies — Fitch Ratings and S&P Global Ratings. This …
The government of Tanzania has stopped the importation of agricultural goods from both Malawi and South Africa with immediate effect. This decision was announced by the country’s Minister of Agriculture, …
Uganda’s government has announced a major increase in its proposed national budget for the 2025/2026 financial year. According to the Ministry of Finance, Planning and Economic Development, the new budget …
The inflation rate in Kenya has climbed to 4.1% in April 2025, rising from 3.6% recorded in March. This is according to new data released by the Kenya National Bureau …
The World Trade Organization (WTO) has issued a fresh warning that global trade is facing a serious setback in 2025, with North America expected to take the biggest hit. In …
The global oil market is in crisis again. In April 2025, the price of Brent crude oil dropped by more than 20%, sinking below $70 per barrel for the first …
Equatorial Guinea has caught the interest of international investors after securing an investment-grade credit rating of BBB/A2 from Bloomfield Investment Corporation, a notable achievement for the small oil-rich Central African …
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