Economy

Ghana’s consumer inflation reached nearly 34% in August, the highest since 2001, despite a historic rate increase by the central bank.Consumer inflation in the West African country climbed to 33.9% …

Nigeria’s inflation rate surged to 20.52% in August, according to the National Bureau of Statistics consumer price index (CPI) report for August 2022, released on Thursday. The consumer price index (CPI), …

About half of South Africa’s top earners and university graduates are considering emigration as citizens lose faith in the country’s future, the Social Research Foundation said, citing a survey it …

Morocco’s National Agency for Mines and Hydrocarbons (ONHYM), Nigeria’s National Petroleum Company Limited (NNPC), and the Economic Community of Western African States (ECOWAS) signed a Memorandum of Understanding (MoU) for …

 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 …