African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Operatives of the economic and financial crimes commission raided the offices of black market currency dealers in Abuja on Tuesday in a bid to halt the rapid fall of the naira. …
The Federal Government has said that 650, 000 international passport booklets were produced in 2022. This is 100,000 fewer than 750, 000 applications within the year. The Minister of Interior, …
Sound Energy, a London-listed energy company, announced today that it is extending the negotiation period with Attijariwafa Bank, Morocco’s largest bank, on funding the Grand Tendrara and Anoual gas exploration …
EcoFlow, a company specializing in electricity storage solutions announced it is extending its operations to Morocco. Commenting on the decision to enter Morocco’s market, EcoFlow said that Morocco has a …
Kenya’s inflation hit a five-year high in October amid a continued increase in the cost of food, fuel, and housing. Monthly inflation data by the Kenya National Bureau of Statistics …
Three Kenyans are locked in a court battle with a woman from the Southeast Asian nation of Laos over Sh2.3 billion held in Ecobank accounts after the State withdrew a …
Customers will be able to buy goods from as low as Sh100 during this year’s Jumia Black Friday. Some of the products include a 14-seater matatu, fridges, TVs, Unga, Cooking …
Foreign banks willing to join the Ethiopian banking sector independently will have to fulfill the same minimum threshold of paid up capital as local banks, officials at the National Bank …
Officials at Debre Birhan are eyeing almost USD 400 million in foreign direct investment (FDI) as they edge closer to organize the first regional international expo in the city, which …
The Moroccan dirham appreciated by 1.62% against the US dollar and depreciated by 1.04% against the euro between 20 to 26 October, according to data from the country’s central bank, …
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