South Africa must grow its economy faster and manage its public finances better if it hopes to receive its first credit rating upgrade in over 20 years, according to S&P …
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EconomyFinance & ServicesINVESTMENTPoliciesSouth Africa
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EconomyGhanaPoliciesWestern Africa
Ghana Inflation Drops to 18.4% in May 2025, Lowest in Over Three Years
Ghana’s inflation rate has continued to fall for the fifth month in a row, with the latest figure standing at 18.4 percent in May 2025. This is the lowest level …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTInsuranceNigeriaPolicies
NDIC Calls for Public Feedback on Global Deposit Insurance Review
The Nigeria Deposit Insurance Corporation (NDIC) has called on financial sector players, regulators, and members of the public to contribute their views on the ongoing review of the Core Principles …
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DevelopmentEnergyEnvironmentInfrastructurePolicies
Experts, Civil Society Push for Legal Reform to Attract Renewable Energy Investment in Cross River
A coalition of civil society organisations and energy experts has called for the establishment of a robust legal and regulatory framework to attract investment into Nigeria’s renewable energy sector, particularly …
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EnergyGOVERNMENTInfrastructureNigeriaPolicies
FG Backs Cost-Reflective Electricity Tariff, Plans Targeted Subsidy for Poor Nigerians
The National Council on Power has agreed to introduce a cost-reflective tariff for electricity in Nigeria. This move is aimed at reducing the N200 billion monthly electricity subsidy being paid …
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EconomyMarketsPoliciesWestern Africa
Ghana’s Inflation Drops to 18.4% in May, Hits Lowest Level Since 2022 Amid Economic Recovery
Ghana’s consumer inflation dropped for the fifth consecutive month in May, falling to its lowest level in over two years as economic pressures ease across the country. The Ghana Statistical …
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DevelopmentEconomyEventsGOVERNMENTPolicies
NESG Partners News Central TV to Boost Coverage of Nigerian Economic Summit 2025
The Nigerian Economic Summit Group (NESG) has entered into a strategic media partnership with News Central Television to enhance coverage, public engagement, and outreach for the upcoming Nigerian Economic Summit …
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GOVERNMENTNewsNigeriaPoliciesWestern Africa
NESG Moves to Boost Media Engagement Ahead of 2025 Economic Summit in Abuja
The Nigerian Economic Summit Group (NESG) has stepped up its preparations for the upcoming Nigerian Economic Summit 2025 by deepening its engagement with the media, as it aims to create …
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EconomyEnergyOil & GasPoliciesPolitics
EFF Drags South African Government to Court Over Fuel Levy Hike
South Africa’s ultra-left opposition party, the Economic Freedom Fighters (EFF), has taken legal action against the government over its plan to increase the fuel levy by 4%, a move the …
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AfricaAgricultureEconomyGOVERNMENTManufacturingPolicies
South Africa’s Economy Struggles as Growth Slows to 0.1% in Q1 Amid Manufacturing.
South Africa’s economy recorded a weak performance in the first quarter of 2025, growing by only 0.1% on a quarter-on-quarter basis, according to data released by Statistics South Africa (Stats …