African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Moroccan insurance provider Sanlam, formerly known as Saham, has said that “Morocco is a key market” for its pan-African operations. In June, Saham officially changed its name to Sanlam after its …
Kenya’s miraa exports to Somalia have earned the country Sh4 billion in three months since the resumption of sales of the stimulant to the Horn of Africa nation in July …
Electric vehicle manufacturer ROAM has unveiled its first mass transit electric bus targeting urban areas. The bus, which comes with a 77-passengers sitting capacity, can cover up to 360 kilometers …
Retail-tech start-up Wasoko is not planning to relocate its headquarters from Nairobi for Zanzibar. The firm was responding to allegations that it was planning to move its operations to the …
Safaricom consortia will spend Sh36.3 billion ($300 million) annually in Safaricom Ethiopia. Safaricom Chief Executive Officer (CEO) Peter Ndegwa said the amount will be invested every year. This comes at …
NLNG export facility on Monday declared force majeure on its supplies citing disruption by the recent flooding in Delta State did to its feed gas suppliers’ production. Force majeure absolves …
Morocco exported 19,000 tones of table olives to the United States in the first half of 2022. A recent report from the Office of Economic and Commercial Affairs of the …
The International Monetary Fund (IMF) proposed for Morocco to move to the next phase of fiscal reforms aiming to make its national currency’s exchange rate more flexible, but Morocco’s central …
Kenya’s largest and most profitable company Safaricom plans to convert into a holding company that will house the telecommunications business, the M-Pesa Mobile money business and Ethiopian unit as subsidiaries. …
Siaya governor, James Orengo has challenged the local residents to embrace agribusiness so as to boost food security and tackle rampant poverty. Mr Orengo lamented that though the county and …
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