Economy
Breaking and the latest news relating to African Economy.
DR Congo to receive first group of deportees from US this week, sources say
Democratic Republic of Congo is set to receive more than 30 deportees from the United States this week, four sources...
Read moreDetailsNigeria to cut import duties on food, vehicles to curb inflation
Nigeria will slash import duties on food, vehicles and industrial inputs from July 1, the presidency said on Tuesday, as...
Read moreDetailsNigeria seeks IMF, World Bank support as Iran shock hits reforms
Nigeria will seek stronger international financial support at this week's IMF-World Bank Spring Meetings as the Iran war lifts fuel costs at home and...
Read moreDetailsSenegal projects sharp slowdown in growth, debt challenges
Senegal's economic growth is forecast to slow to 2.5% this year from 6.7% in 2025 due to declining hydrocarbon production,...
Read moreDetailsBenin finance minister Wadagni seeks his own mandate in election
Benin Finance Minister Romuald Wadagni is expected to make the leap from behind-the-scenes technocrat to head of state on Sunday...
Read moreDetailsNigeria’s Dangote refinery boosts exports to ease Africa’s supply crunch
Nigeria's Dangote refinery, Africa's largest, has increased exports of gasoline and urea to African countries hit by supply disruptions caused...
Read moreDetailsWorld Bank says Nigerian economy to grow in 2026 but Iran war lifts inflation
Nigeria's economy is resilient and set to grow in the first half of 2026 despite the Iran war, the World Bank...
Read moreDetailsUN tells Africa borrow, boost revenue, to fund AI push
African nations should borrow, boost domestic revenue and tap their pension and sovereign wealth funds to develop the crucial infrastructure...
Read moreDetailsWTO membership could boost Ethiopia’s economy, even as the trade group faces crisis
Ethiopia's more than 20-year quest to join the World Trade Organization is set to come to fruition this year –...
Read moreDetailsSouth Africans react as fuel prices surge despite tax relief
Motorists in South Africa are voicing frustration after a sharp rise in fuel prices, even as the government introduced a...
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