Economy

The African Export-Import Bank (Afreximbank), through its impact investment subsidiary—the Fund for Export Development in Africa (FEDA)—has officially launched a $1 billion Africa Film Fund aimed at transforming the continent’s …

African markets are navigating a busy day of economic indicators, political developments, and global trends on Thursday, May 8, 2025. From court decisions in Côte d’Ivoire to monetary policy announcements …

The South African rand lost a bit of ground in early trading on Thursday, May 8, as traders waited for the country’s latest manufacturing output figures. According to market data, …

The South African financial market is facing several important developments that may affect investor decisions and overall market direction on Thursday, May 8, 2025. Economic data from home and abroad, …

Heidelberg Materials, one of the world’s top cement producers, has started the 2025 financial year on a solid note, with better-than-expected earnings in the first quarter. The German company, which …

Ghana’s inflation rate has dropped for the fourth straight month, falling to 21.2% in April 2025 from 22.4% recorded in March, according to data released on Wednesday by the Ghana …

Kenya’s government has said it will not introduce new taxes or increase current ones in the 2025/2026 budget. This announcement comes after last year’s deadly protests forced President William Ruto’s …

Many investors are paying close attention to the Treasury Bills auction being held today, Tuesday, May 7, 2025, as the Debt Management Office (DMO) offers ₦550 billion worth of T-bills …

Dangote Packaging Limited (DPL), a subsidiary of the Dangote Group, has revealed plans to enter export markets across Africa after ramping up its monthly production capacity of polypropylene bags from …

The Taraba State Government has announced plans to host the Taraba State International Investment Summit (Taravest 2025) on May 21 in Jalingo, as part of efforts to unlock the state’s …