The World Bank has revealed that Nigeria’s economy grew at its fastest rate in almost 10 years in 2024, driven by strong performance in the fourth quarter and better management …
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Kenya Moves to Cut Budget Deficit, Eyes Fresh IMF Talks Amid Economic Pressure
The Kenyan government has announced that it will reduce its fiscal deficit to 4.5 percent of its Gross Domestic Product (GDP) for the 2025/2026 financial year. This is a step …
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African Union Launches New $100 Billion Agricultural Plan to Tackle Food Insecurity Across Africa
The African Union (AU) has unveiled a fresh agricultural strategy known as the Comprehensive African Agricultural Development Programme (CAADP) Strategy and Action Plan 2026–2035. The new plan, launched during a …
- AgricultureBusinessEastern AfricaEconomyGOVERNMENTInternational RelationsMALAWINewsSouth AfricaTANZANIATrade and Commerce
Tanzania and Malawi End Trade War, Agree to Lift Restrictions and Implement Regional Trade Deal
Tanzania and Malawi have officially ended their trade dispute, agreeing to lift restrictions that had affected the movement of goods between both countries. After holding bilateral talks, the two nations …
- Banking, Finance & InvestmentFinance & ServicesGOVERNMENTNigeriaTechnology
CIBN to Hold 2025 Annual General Meeting on May 17 in Hybrid Format
The Chartered Institute of Bankers of Nigeria (CIBN) has announced that its 2025 Annual General Meeting (AGM) will take place on Saturday, May 17, and will adopt a hybrid format …
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PenCom and Lagos Government Call for Informal Workers to Join Pension Scheme
The National Pension Commission (PenCom) and the Lagos State Governor, Babajide Sanwo-Olu, have renewed the push to bring informal sector workers into Nigeria’s Contributory Pension Scheme (CPS). This was the …
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ACCI President Urges Nigeria to Improve Currency Swap with China to Support Businesses
The President of the Abuja Chamber of Commerce and Industry (ACCI), Chief Emeka Obegolu, has appealed to the Nigerian Government to take urgent steps to make it easier for local …
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Rwanda’s Economy to Grow Slower in 2025 as Government Budget Increases by 20%
Rwanda’s Finance Minister, Yusuf Murangwa, has told the nation’s parliament that the country’s economy will grow at a slower pace in 2025 compared to last year. Presenting a draft budget …
- EconomyEnvironmentGOVERNMENTNigeriaWestern Africa
Shippers’ Council Seeks Stronger Backing for NESREA’s Environmental Role at Nigerian Ports
The Nigerian Shippers’ Council (NSC) has appealed for more support to enable the National Environmental Standards and Regulations Enforcement Agency (NESREA) to effectively carry out its environmental enforcement duties at …
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Galaxy Backbone, Nigeria Customs Service Explore Strategic ICT Collaboration
Galaxy Backbone Limited has shown interest in working closely with the Nigeria Customs Service (NCS) to improve digital systems that will help Customs carry out its work more efficiently. The …