African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
The African Development Bank (AfDB) Group has approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to scale up food production and …
The United Nations has asked Kenya and other developing countries to regulate and tax the cryptocurrency industry to limit exposure to the meltdown in the crypto market and risks of …
Tobacco manufacturer BAT Kenya Plc has posted a Sh2.9 billion net profit for the first half of the year, a 7.4 per cent growth compared to Sh2.7 billion posted in …
The International Monetary Fund (IMF) has approved a 40-month $1.04 billion credit facility to Tanzania to catalyze growth and withstand spillover effects from the war in Ukraine. Following the approval …
The Kenya Revenue Authority(KRA) has moved to court to set aside a High Court order directing the re-opening of Keroche Breweries Limited. The High Court on July 15 ordered KRA …
Investors’ wealth at the Nairobi Securities Exchange (NSE) plunged Sh95 billion as local traders raced to profit from stocks bought cheaply a month ago. The NSE’s market capitalization closed at …
The International Monetary Fund (IMF) has approved USD 235.6mn (Sh28 billion) loan which will be directed towards budgetary support, to improve governance and support broader economic reforms. This becomes the …
Italian multinational oil and gas company, Eni has commenced production of the first Kenyan vegetable oil for bio-refineries at its oilseed collection and pressing plant in Makueni. The agrihub will …
Kenya’s population is expected to reach 84.7 million by 2050 and grow to 112.4 million people by 2100 according to data from the UN Department of Economic and Social Affairs. …
The price of crude oil climbed above the $100 mark on Sunday hitting $101.16/barrel after trading around $98/barrel since Tuesday, as oil marketers in Nigeria maintained an increased pump price …
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