African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Morocco and Saudi Arabia recently signed a bilateral agreement on September 28 to boost air travel and develop their aviation sectors. Morocco’s Minister of Transport and Logistics, Mohammed Abdeljalil met …
Tea prices at the weekly Mombasa auction rose slightly this week amid reduced demand for the second week running. At this week’s auction, a kilo averaged USD2.32(Sh280.49) up from USD2.27(Sh274.80) …
Kenya has failed to strike oil and gas deposits in the coastal strip that has for years been at the Centre of an international border dispute with neighboring Somalia. Seismic …
Mauritian bank group SBM Holdings wants to sell its Kenyan subsidiary five years after entering the market through the buyout of Fidelity Bank that has continued to struggle despite receiving …
One million daily laborers are required by the West Gondar Zone, which is a part of the Amhara Region, to harvest 6.9 million quintals this month. The call comes as …
The Ghanaian government intends to leverage the current discovery of lithium in parts of the country for the manufacturing of solar batteries. This is in line with the National Energy …
Morocco’s Minister of Industry and Trade Ryad Mezzour, and his Saudi counterpart Majid bin Abdullah Al Qasabi, aim to increase the volume of trade to $5 billion dollars in the …
Rating agency, Moody’s has downgraded Ghana’s long-term issuer and senior unsecured debt ratings to Caa2 from Caa1 and placed the ratings on review for downgrade. The rating downgrade to Caa2, …
Kenya Airways (KQ) has said that its’ aircraft leasing agreements have saved it billions of shillings in maintenance and operations costs. The national carrier said in a statement that leasing contracts …
The World Bank has backed a push for countries like Kenya, which have been unable to borrow from international loan markets due to high-interest rates, to restructure their debts. The …
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