African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The redesign of currency can have a major impact on the circulation of money in an economy. when a new currency is developed, the old one is not necessarily eliminated, …
Global accounting and consulting network RSM has continued its streak of double-digit growth in financial year 2022, lifting its global fee income by 15% to hit revenues of over $8 …
The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative has reached a landmark $1 billion in approved funding designated for lending to African women entrepreneurs. This …
Due to its abandoned resources, cutting-edge technology, and sizeable market, Sub-Saharan Africa offers wide business opportunities. According to International Monetary Fund – IMF’s recent World Economic Outlook, 5 of the …
Amidst an ongoing economic crisis, Ghana recorded a $3.64 billion balance of payments deficit in December from $3.4 billion in the previous quarter, according to official data from the central …
On January 20, 2023, the Chinese Ministry of Culture and Tourism announced that Chinese travel agencies and online tour operators would restart providing pilot outbound group tours. As per the …
Despite slowing growth and the worst inflation figures in a decade in 2022, African economies remain “resilient,” and double-digit price hikes are expected to ease, an African Development Bank report …
Democratic Republic of Congo President Felix Tshisekedi criticized a $6.2 billion minerals-for-infrastructure contract with China, saying the world’s largest producer of a key battery metal hasn’t benefited from the deal. …
Today we witness particularly hard times for the entire world because no country — poor and rich — has been spared of inflation. The argument by experts is that the …
The lawsuit against mining giant Anglo American was filed on behalf of women and children in Zambia’s central Kabwe District, who are the alleged victims of lead poisoning. The UN …
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