African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Brussels airport named Morocco as the ninth most popular destination for passengers traveling via Belgium largest airport on Friday. In September, Brussels airport welcomed two million passengers for the third …
Senior Safaricom managers were awarded 15.28 million shares with a current market value of Sh390 million for free in the year ended March as compensation for past performance. The employees …
The Federal Government has earmarked N248.5bn for the construction, maintenance and rehabilitation of ongoing road projects nationwide. This was revealed after an analysis of the 2023 appropriation bill presented by …
The central bank of Ethiopia expects saving close to 100 million dollar per year, from the ban imposed on selected import items. In a circular written on October 14, 2022, …
The exchange rate between the Naira and the US dollar has fallen to a record low on the black market, trading at a minimum of N742/$1 on Monday morning. This is according …
Exporters, importers, and logistics companies are irked by the Ethio-Djibouti Railway’s (EDR) exorbitant demurrage charges for small delays. As an alternative to railway transportation, a significant number of businesses are …
The Moroccan government is in the process of drafting legislation that would scrap taxes on imported medications. According to a government statement released on Saturday, Morocco’s Minister of Health and …
The United States Agency for International Development (USAID) and the International NGO GiveDirectly have decided to provide an additional $4 million to support Moroccan agricultural cooperatives suffering from recent economic …
Top commercial banks have started increasing lending rates by up to 1.1 percentage points after the Central Bank of Kenya (CBK) raised its benchmark interest rate by the biggest margin …
The Kenya Investment Authority (KenInvest) and the Netherland Business Hub (NLBH) have agreed to reinforce their collaboration towards increasing trade and investment between Kenya and the Netherlands. This has resulted …
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