Economy

CRDB Bank has added another major milestone to its growing list of continental achievements after being named the “Best Trade Partner Bank East Africa 2026” by the International Finance Corporation …

High-stakes trade negotiations convened by the World Trade Organization (WTO) in Yaoundé collapsed in the early hours of Monday, after deep-seated divisions among member states derailed attempts to reach consensus …

The African Development Bank Group has approved a $5.65 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to pilot a new financing mechanism intended to expand clean …

In a continent that pioneered mobile money and leads the world in its use, the inability to move funds seamlessly across African borders remains one of the most striking contradictions …

The United States-Israeli war in the Islamic Republic of Iran is shattering Africa’s economic landscape and leaving emotional devastation. Europe is fractured, but completely. France has taken the initiative to …

The International Monetary Fund (IMF) has revealed that governments across sub-Saharan Africa are increasingly relying on domestic borrowing to finance public spending as access to foreign loans becomes more difficult. …

The Shoprite Group is expanding its footprint in South Africa’s informal retail sector following an agreement to acquire a majority stake in payments technology firm R&A Cellular, a move aimed …

The Nigerian Communications Commission (NCC) has directed mobile network operators and other communications service providers to report any cyberattack within four hours of detecting it as part of efforts to …

The Chief Executive Officer of the National Petroleum Authority, Godwin Edudzi Tameklo, has said that the operations of the Dangote Refinery in Nigeria are providing a significant buffer for the …

Nigeria’s money supply dropped to a four-month low in January as the Central Bank of Nigeria (CBN) intensified efforts to tighten liquidity in the financial system in a bid to …