In a striking turn of events, gold prices have soared to an all-time high globally, as investors seek refuge amid rising economic uncertainties, inflation fears, and fluctuating interest rates. The …
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- AgricultureBusiness and EconomyEastern AfricaEconomyManufacturing & Consumer GoodsTrade and Commerce
Sudanese Tea Exporters Fear Iran Market May Slip Away Amid Regional Tensions
Khartoum, Sudan – Just months after making headway into the Iranian market, Sudanese tea exporters are now grappling with fears of losing this promising trade route due to mounting regional …
- AfricaAFRICA NEWSBusinessBusiness and EconomyCryptocurrencyEconomyFinance & ServicesFintechNigeria
Africa Records 100 Million Crypto Users, Nigeria Tops Chart
Africa’s digital revolution is accelerating as cryptocurrency adoption surges across the continent, with a recent report revealing that over 100 million Africans are now using crypto assets—and Nigeria leads the …
- AFRICA NEWSAgricultureBusinessEconomyFood ProductionGOVERNMENTManufacturing & Consumer GoodsSecuritySenegalWestern Africa
Senegal’s Rice Revolution: Govt Plans Local Production of 1.4 Million Tonnes in 2025
In a bold move to curb import dependence and achieve food sovereignty, the Senegalese government has unveiled an ambitious plan to produce 1.4 million tonnes of rice locally by 2025, …
- AfricaBanking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesFintechTANZANIATechnology
Tanzania’s E-Payment Boom Sparks Shift Toward a Cashless Economy
Tanzania’s payment landscape is rapidly evolving, with a significant surge in electronic transactions inspiring a national shift towards a cashless economy, according to recent reports from financial authorities and tech …
- Banking, Finance & InvestmentBusinessBusiness and EconomyEconomyFinance & ServicesManufacturingNigeriaWestern Africa
CBN Reports Sustained Growth in Nigeria’s Economic Activities
The Central Bank of Nigeria (CBN) has reported that Nigeria’s economic activities continued their upward trajectory for the second consecutive month, signalling gradual recovery and renewed optimism among businesses. In …
- AfricaAFRICA NEWSBusiness and EconomyEconomyGhanaGOVERNMENTWestern Africa
Top 5 Profit-Making State-Owned Enterprises in Ghana Revealed
Amid rising concerns about the profitability of state-owned enterprises (SOEs) across Africa, Ghana has spotlighted its top-performing government-backed businesses – and the numbers are eye-catching. According to fresh data, the …
- AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesGhanaGOVERNMENTWestern Africa
Ghana’s Finance Minister Meets Banks Over T-Bills, Spending, Debt Exchange Programme
Ghana’s Finance Minister has stepped up engagement with key financial institutions, holding a crucial dialogue with 22 banks to deliberate on the government’s Domestic Debt Exchange Programme (DDEP), Treasury Bills, …
- AfricaAFRICA NEWSEconomyFinance & ServicesGhanaGOVERNMENTWestern Africa
IEA Criticises Ghana’s 2025 Budget Revenue Projections as ‘Unambitious’
The Institute of Economic Affairs (IEA) has taken a swipe at Ghana’s proposed 2025 budget projections, describing the 16.1% revenue-to-GDP target as weak and far from ambitious. In a statement …
- AfricaAFRICA NEWSEconomyEnergyEnvironmentNigeriaWestern Africa
Nigeria Firms Launch $500m Fund to Boost Renewable Energy Projects
In a bold move to tackle the nation’s persistent power woes and reduce dependence on fossil fuels, a coalition of Nigerian firms has unveiled a massive $500 million fund targeted …