African economy news and analysis: GDP, inflation, interest rates, currencies, trade and the policies driving growth across the continent.
President Bola Ahmed Tinubu has instructed the National Single Window (NSW) Steering Committee to ensure the full implementation of the digital trade facilitation platform by the first quarter of 2026. …
Portuguese energy company Galp is now set to begin direct talks with potential partners who have shown interest in joining its oil exploration project in Namibia. The company’s Co-Chief Executive …
Botswana’s economy is facing fresh pressure as Citigroup Inc. has warned that the country may need to devalue its currency further, following a sharp drop in diamond revenues. The Bank …
In recent weeks, currency traders across Africa have been closely watching movements in local markets, with particular focus on the Ugandan shilling and the Zambian kwacha. Both currencies are now …
The World Bank has agreed to finance the construction of the Mphanda Nkuwa hydropower plant in Mozambique. The massive project is valued at US$6.4 billion (about 406.4 billion meticais) and …
The Zambia Police Service has arrested the Managing Director of a private firm, Mr. Abel Ng’andu, over allegations that he stole company money and used it for personal purposes. Mr. …
The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has threatened to suspend its operations if Dangote Refinery proceeds with its planned direct distribution of petroleum products to end …
A Senior Advocate of Nigeria (SAN), Dr. Wahab Shittu, has issued a stern warning to Nigerians against the mutilation and abuse of the naira, stressing that such acts damage public …
The luxury real estate market in Lagos State is fast becoming a top destination for investors, as the latest State of Lagos Housing Market Report (Vol. 3) reveals average rental …
The Ministerial Group for Industrial Development has approved three major private free zone industrial projects worth over $216.5 million, expected to generate more than 15,000 direct jobs across key manufacturing …
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