African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The Nigeria-Morocco Gas Pipeline is set to receive a total investment of $25 billion next year, according to the head of the West African nation’s state oil company. Discussions for …
Kenyan households can now breathe a sigh of relief as prices of cooking gas drop by over Sh100. A spot-check by Capital Business showed that a six-kilogram cylinder price of Rubis Energy …
Kumba Iron Ore, a subsidiary of Anglo American, has warned its production will be hit by the organization-wide strike at Transnet. Kumba on Monday said it had received a notice …
The World Bank has classified Ghana as a high debt distress country as it projects the nation’s debt to Gross Domestic Product (GDP) of 104.6 per cent by the end …
PetroSA is taking steps to end a legacy of mismanagement and continuing annual losses as it plans a project with TotalEnergies , according to its interim chairman. The state-owned oil …
Sterling Bank Plc has announced plans with her partners, Leadway Assurance, Nestle Nigeria Plc, Microsoft Nigeria, Thrive Agric, GIZ, Stears Data among others, to unlock $1trillion in Africa’s agricultural sector, …
Safaricom Ethiopia launches commercial services in Addis Ababa, ending the half-century old telecom monopoly that was under the control of Ethiopia telecom. At a press briefing held at the Hayatt …
The National Bank of Ethiopia ordered banks to freeze the accounts of over 392 individuals accused of trading foreign currencies in the parallel market. Yinager Dessie (PhD), governor of the …
The Kenya Airports Authority (KAA) has announced plans to conduct its first test flight on the newly refurbished Terminal 1B at the Jomo Kenyatta International Airport (JKIA) on 15th October …
Morocco’s Ministry of Health and Social Protection signed agreements amounting to MAD 1.7 billion ($155.9 million) with five university hospital centers on Wednesday in Rabat, aiming to improve buildings and …
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