African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
Traders, transporters and hotels lament the impacts of the sit-at-home order of the Indigenous People of Biafra (IPOB) on their businesses in Nigeria’s South-east. When the outlawed indigenous People of Biafra …
Niger, the poorest country in the world according to the benchmark of the UN’s Human Development Index (HDI), is struggling with a reputation for corruption and volatility. Nigerien non-governmental organizations …
Naira hit a four month low on Thursday, depreciating 0.30 per cent against the U.S. dollar at the official market. The currency which opened trading at N416.50 closed at N420.00 to …
Nigeria requires about $750m funding within the transportation and retailing infrastructure for Liquefied Petroleum Gasoline, popularly referred to as cooking fuel, to realize the goal of 5 million metric tonnes …
World Bank has said that Nigeria’s efforts at reducing poverty might hit rocks if certain economic issues are not addressed. These issues include: low human capital, labor market weaknesses and exposure …
The head of Nigeria’s sovereign investment authority NSIA said Nigeria had to buy emergency supplies of Canadian potash in April after the country was unable to import the key fertilizer …
On Sunday Kenyan President Uhuru Kenyatta said his government would hike the country’s minimum wage by 12% immediately to help workers cope with a surge in consumer prices, driven in …
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