African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the world bank warned Thursday, calling on governments to help boost supply …
Tea prices at the weekly Mombasa auction dipped slightly this week amid decreased demand for the commodity. At this week’s auction, a kilo averaged USD2.24(Sh269.92) down from USD2.28(Sh274.74) last week. …
FGN savings bonds worth N2.1 billion were allotted to retail investors in the Nigerian capital market by the Debt Management Office (DMO). This information was disclosed by the debt office …
Cargo and passenger revenues from the Standard Gauge Railway (SGR) rose 7.8 percent to Sh7.1 billion in the six months to June, extending recovery from the global Covid-19 disruptions. The …
The European Investment Bank (EIB) announced today sealing a technical assistance deal with Credit Agricole Maroc to boost climate financing in Morocco. In a press release, EIB announced the launch …
The energy regulator has made a U-turn and increased electricity prices by 15.7 percent, reversing the January cuts by the former President Uhuru Kenyatta administration, in what has handed consumers …
An index measuring South African economic transactions fell for a third successive month in August, suggesting that the economy is struggling to gain broad-based momentum after contracting in the second …
CPF Financial Services is set to administer the Public Service Superannuation Fund after the Court of Appeal directed the fund’s Board of Trustees to honor a contract that the company …
Smartphone manufacturer, OPPO has announced a partnership with audio streaming platform Spotify to create an all-new easy and customizable music experience through its latest Operating System (OS), ColorOS 13. This …
Ghana has been ranked fourth in Sub-Saharan Africa (SSA) with the highest private savings, a report by the International Monetary Fund on “Private Savings and COVID-19 in Sub-Saharan Africa’ by …
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