Economy

Nigeria faces a staggering economic setback following a pipeline explosion in Rivers State, potentially leading to losses exceeding $35.3 million daily. The incident, which significantly hampers oil exports from the …

The Lagos State Government, in partnership with the Aliko Dangote Foundation (ADF), has commenced the distribution of 50kg bags of rice to over one million vulnerable households across the state. …

A pipeline explosion in Rivers State early tuesday has disrupted Nigeria’s oil exports, creating serious concerns for the economy. The damaged infrastructure connects onshore production sites to key export terminals. …

The Casablanca Financial Centre in Morocco has maintained its top position on the African continent for eight consecutive years. This achievement is attributed to the establishment of an appealing business …

Indonesia, the largest economy in Southeast Asia, is warmly welcoming African business, economic, and political leaders to participate in two significant events in its stunning cities of Bali and BSD …

Tanzanian President Samia Suluhu Hassan recently addressed the significant challenges hindering intra-Africa trade, calling for concerted efforts to remove these barriers and boost economic integration across the continent. Speaking at …

The latest World Economic Outlook from the International Monetary Fund (IMF) predicts a 3% growth rate for Nigeria in 2025, slightly lower than the 3.1% forecasted for 2024. However, this …

The Central Bank of Egypt (CBE) has taken a major step to enhance the financial inclusion and economic empowerment of women by officially joining the European Bank for Reconstruction and …

In April, Egypt’s manufacturing and extractive industries production index dropped to 95.54, a decrease of 12.61% from the previous month’s final figure of 109.33. The decline, as reported by the …

Prime Minister Mostafa Madbouly has identified key priorities, underscoring the significance of attracting foreign investment, enhancing energy security, and promoting public participation. This shift in strategic direction aims to boost …