Economy
Breaking and the latest news relating to African Economy.
Kenya seals $160 million conservation finance deal
Kenya's government and a group of donors have signed a $160 million conservation programme aimed at protecting 173,000 square km...
Read moreDetailsSouth Africa unveils two months of fuel price relief in mid-year budget
South Africa's Finance Minister Enoch Godongwana on Wednesday announced two months of additional fuel price relief in a mid-year budget...
Read moreDetailsSenegal debt crisis: Sonko warns G20 plan could backfire
Senegal’s opposition figure and head of the parliamentary majority, Ousmane Sonko, has criticised the government’s decision to use a G20-backed...
Read moreDetailsGabon says debt audit findings still under review by IMF, may be revised
Gabon said on Monday that findings from its debt audit were under review by the International Monetary Fund and could...
Read moreDetailsAngola’s fuel subsidies spending projected to hit $4 billion in 2026, official says
Angola could spend up to 3.8 trillion kwanzas ($4.16 billion) on fuel subsidies this year, nearly double its initial projections...
Read moreDetailsEthiopia’s central bank joins African payments system PAPSS
Ethiopia's central bank has joined the Pan-African Payment and Settlement System (PAPSS), the platform said on Thursday, bringing the country...
Read moreDetailsSouth Africa to stop subsidizing imported vehicle kits, pushing automakers to build locally
South Africa will stop providing policy support for automakers that import near-complete vehicles for local assembly, Trade, Industry and Competition...
Read moreDetailsNigeria’s inflation rate eases slightly in September, data shows
Nigeria's consumer inflation slowed slightly to 14.63% year-on-year in September from 15.39% in August, the statistics office said on Thursday....
Read moreDetailsSenegal bondholders pick financial adviser for debt talks, sources say
A group representing holders of Senegal's international sovereign bonds has chosen restructuring consultancy Alvarez & Marsal as their financial adviser...
Read moreDetailsUgandan central bank calls emergency policy meeting for Wednesday
Uganda's central bank said it would hold an emergency Monetary Policy Committee meeting on Wednesday. Uganda's shilling has been falling...
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