Economy
Breaking and the latest news relating to African Economy.
Why is Mozambique’s financial crisis going from bad to worse?
Mozambique's slow-burning economic crisis has sharpened in recent weeks, with at least one global lender and a ratings agency suggesting the country...
Read moreDetailsSenegal’s President Faye says ruling party, led by PM Sonko, risks ‘collapse’
Senegalese President Bassirou Diomaye Faye said the ruling party is on a path that could lead to its downfall but...
Read moreDetailsGabon to audit public debt as it signs $150 million World Bank deal
Gabon's finance ministry said on Thursday it had signed an additional programme worth $150 million with the World Bank, bringing...
Read moreDetailsUganda to offer new oil exploration licensing round in 2026/27 financial year
Uganda will offer a new oil exploration licensing round next financial year, its minister for energy and mineral development said...
Read moreDetailsRussia’s Vladimir Putin hosts Seychelles President Patrick Herminie at Kremlin
Russian President Vladimir Putin met Seychelles President Patrick Herminie at the Kremlin on Wednesday for talks focused on bilateral ties...
Read moreDetailsNigeria’s President Tinubu sacks finance and housing ministers in cabinet reshuffle
Nigeria's President Bola Tinubu Tuesday sacked his finance minister and replaced him with a junior minister, as he seeks to...
Read moreDetailsXi says China is willing to work with Africa on Middle East conflict impact
China is willing to work with African countries to address the spillover effects of the Middle East conflict, President Xi...
Read moreDetailsNigeria’s Dangote taps Honeywell to expand plastics and detergent petrochems
Nigeria’s Dangote oil refinery has reached a deal with Honeywell to use the U.S. industrial group's technology to build up production...
Read moreDetailsIvory Coast farmers hope for more rain to boost cocoa harvest
Rains were mainly below average last week in most of Ivory Coast's cocoa-growing regions and farmers said on Monday that...
Read moreDetails“Sub-Saharan Africa resilient, despite mounting global shocks” – Abebe Selassie
“Sub-Saharan Africa entered 2026 with the strongest economic momentum it had seen in a decade. And then came the war,”...
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