African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Uganda has reported a substantial increase in its merchandise imports, reflecting a 45% growth over the past year. This surge is indicative of the country’s expanding economic activities and increasing …
Agricultural stakeholders have called on the Nigerian government to create and implement policies that attract private sector investments into the agricultural sector. They emphasize that such policies are essential to …
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt following the completion of the fourth review of the country’s economic reform program. This decision underscores the …
In a significant financial development, the Ugandan government amassed a total of Sh2.27 trillion in February 2025 through the issuance of its securities, as detailed in the latest economic performance …
In a landmark move to bolster women entrepreneurship, the Bank of Industry (BOI), in collaboration with the Women Chamber of Commerce and Industry, Mines, and Agriculture (WCCIMA), has launched a …
The Nigeria Customs Service (NCS), Federal Capital Territory (FCT) Command, has intercepted $193,000 in undeclared foreign currency concealed within a yogurt carton at the Nnamdi Azikiwe International Airport, Abuja. This …
The Council of Governors (CoG) in Kenya has issued a stern 14-day ultimatum to the National Treasury, demanding the immediate disbursement of Sh78.03 billion in delayed County Equitable Share funds …
The South African Reserve Bank (SARB) recently opted to keep the benchmark interest rate steady at 7.5%, a move that has drawn criticism from economists who believe the central bank …
First City Monument Bank (FCMB) has broadened its reach by inaugurating a new branch in Ogbomosho, Oyo State, aiming to enhance financial inclusion and stimulate economic growth in the region. …
In a strategic move to bolster food security and agricultural productivity, Nigeria and Brazil have officially commenced the commercial phase of the $1.1 billion Green Imperative Project (GIP). This landmark …
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