Economy
Breaking and the latest news relating to African Economy.
African banks bet on debt guarantees to lure private capital to infrastructure projects
With aid budgets shrinking and development finance under pressure, African governments and development banks are increasingly turning to debt guarantees to attract...
Read moreDetailsECOWAS reaffirms plans to launch single currency in 2027
ECOWAS is forging ahead with plans for a single currency. The legal registration of the ECO trademark is progress, but...
Read moreDetailsAI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF says
Artificial intelligence could boost Sub-Saharan Africa's economy by about 4% over the next decade with better electricity supply, internet access...
Read moreDetailsWest Africa’s ECOWAS bloc signs agreement backing Nigeria-Morocco atlantic gas pipeline, statement reports
Member states of the Economic Community of West African States (ECOWAS) signed an intergovernmental agreement on Sunday in Freetown backing...
Read moreDetailsNigeria central bank chief signals caution on easing next week
Nigeria's gradual slowdown in inflation has opened the door to interest-rate cuts, but external shocks have complicated the outlook, Central...
Read moreDetailsZambia hopes to agree new IMF programme by year-end, finance minister says
Zambia is aiming to agree a new International Monetary Fund programme by the end of the year as it seeks...
Read moreDetailsGhana approves revised mining law to strengthen oversight
Ghana's cabinet has approved amendments to its mining law for submission to parliament, Mines Minister Emmanuel Armah-Kofi Buah said on...
Read moreDetailsMore sun needed to strengthen Ivory Coast cocoa crop, farmers say
Below-average rainfall in Ivory Coast's cocoa-growing regions helped dry the damp soil last week but more sunny spells are needed...
Read moreDetailsGhana delays South Africa meetings over anti-migrant violence
Ghana has postponed bilateral meetings with South Africa that were planned for next month because of a surge in anti-migrant violence in...
Read moreDetailsJohannesburg, other municipalities face funding freeze over high spending
South Africa's National Treasury will withhold funding from Johannesburg and dozens of other municipalities for at least a month over...
Read moreDetailsTrending
