African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Despite being a traditional energy import market, Morocco has worked on building competitive renewable energy infrastructure which contributed to boosting the attractiveness of the domestic market among foreign investors. This …
Following their weak corporate earnings, investors have shunned listed companies on the Nigerian Exchange Limited’s Alternative Securities Market Board. A total of four companies comprising Capital Oil Plc, Rak Unity …
Morocco’s growing raspberry and blueberry exports are expected to saturate the European market, raising concerns among Spanish farmers, Manager of Freshuelva Rafael Dominguez told FreshPlaza. “Morocco is increasing its raspberry and …
Prosus gave up its stake in Russia’s largest social network for nothing, walking away from a company run by an executive under US sanctions. VK sold the shares acquired from …
SA’s largest mobile operator Vodacom, which has been battling power challenges and the effects of rising inflation, says it spent a record R5.8 billion on its local network in its …
The Nigerian Economic Summit Group has said that the Federal Government must grow Nigeria’s gross domestic product to $4.5tn to $9tn in the next 28 years. Speaking at the 28th …
While Samsung is the most dominant smartphone brand in South Africa, companies like Honor, Oppo, and Xiaomi have recently released flagship handsets they hope will help them compete with the …
Rising inflation drove Nigerians’ consumption expenditure to N57.08tn in the first half of 2022. This is a 14.39 per cent increase from the N49.89tn that was spent in the corresponding …
Chile’s vertically integrated producer, marketer, and distributor of berries Agroberries Limited is investing €40 million in the first phase of its expansion strategy in Morocco. The investment covers the planting of …
Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing earnings updates triggered …
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