Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has been praised by the Nigerian government for prioritising national development over foreign wealth opportunities. At a time when …
ECONOMIC GROWTH
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AfricaBusinessDangote IndustriesDevelopmentEconomyEnergyInfrastructureINVESTMENTLeadershipManufacturingNigeria
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Central AfricaEconomyGhanaPoliciesWestern Africa
Ghana’s Cedi Becomes West Africa’s Strongest Currency in 2025
Ghana’s national currency, the cedi, has made a strong comeback in 2025, emerging as the best-performing currency in West Africa and gaining recognition globally. This improvement in the cedi’s value …
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BusinessDevelopmentEconomyGOVERNMENTInternational RelationsINVESTMENTNigeriaPoliciesTrade and Commerce
UK Government Praises Tinubu’s Reforms, Says Nigeria Now Attracting More British Investors
The United Kingdom has expressed strong support for Nigeria’s economic direction under President Bola Ahmed Tinubu, saying that the reforms introduced by his government are building investor confidence and positioning …
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EconomyEnergyGOVERNMENTInternational RelationsNigeriaPoliciesWestern Africa
Nigeria Records Fastest Economic Growth in 10 Years, Says World Bank, But Inflation Still a Big Problem
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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AgricultureBusinessBusiness PoliciesDevelopmentEastern AfricaEconomyFinance & ServicesGOVERNMENTPoliciesRwandaRwanda Daily
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 …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness InsightsCentral AfricaEconomyFinance & ServicesGhanaNigeriaUGANDAWestern AfricaZAMBIA
Ghana’s Cedi Strengthens as Nigeria’s Naira Holds Steady; Uganda and Zambia Currencies Show Mixed Trends
The Ghanaian cedi is expected to continue its upward trend in the coming week, buoyed by sustained support from the Bank of Ghana and increased foreign currency inflows. As of …
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EconomyFinance & ServicesGOVERNMENTINVESTMENTPoliciesPoliticsSouth Africa
Lesetja Kganyago Warns Against Populist Economic Promises in South Africa
The Governor of the South African Reserve Bank, Mr. Lesetja Kganyago, has spoken out against what he described as the rising influence of populist politicians in South Africa, warning that …
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AgricultureEconomyPoliciesTravel & TourismUGANDA
Uganda Plans Bigger Budget for 2025/2026, Focuses on Farming, Tourism and Oil
Uganda’s government has announced a major increase in its proposed national budget for the 2025/2026 financial year. According to the Ministry of Finance, Planning and Economic Development, the new budget …
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United Bank for Africa (UBA) Plc has announced plans to expand its operations to over 100 countries and grow its customer base to over one billion within the next 75 …
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DevelopmentGOVERNMENTInfrastructurePoliciesTransportation & Logisitics
Plateau, NRC partner to revive rail services
Plateau State Government has taken a major step towards reviving rail transport in the state. This comes after the state signed a fresh agreement with the Nigerian Railway Corporation (NRC) …