Economy
Breaking and the latest news relating to African Economy.
Zambia trims key interest rate, sees inflation within target despite Iran war
Zambia's central bank lowered its main interest rate on Wednesday, saying it saw inflation staying within its target range despite...
Read moreDetailsNigeria’s Tinubu urges global finance overhaul as debt costs crowd out spending
Nigeria will spend about $11.6 billion servicing its debt in 2026, nearly half of its projected government revenue, President Bola...
Read moreDetailsIvory Coast will send officials to calm protests by cocoa farmers, source says
Ivory Coast's Coffee and Cocoa Council (CCC) will send officials to the centre-eastern part of the country to calm tensions...
Read moreDetailsRwandan President Paul Kagame tours Botswana diamond hub
Wrapping up a state visit to Botswana, Rwandan President Paul Kagame turned his attention to the country’s economic powerhouse, the...
Read moreDetailsDeals and new partnerships on the menu at Africa-France summit
More than 30 African leaders kicked off a summit with French President Emmanuel Macron in Kenya on Monday, as Paris...
Read moreDetailsZimbabwe returning 67 European-owned farms covered by investment treaties
Zimbabwe will return 67 farms seized from foreigners from four European countries covered by bilateral investment pacts, the country's agriculture...
Read moreDetailsUgandan lawmakers pass scaled-back sovereignty law after central bank warning
Uganda's parliament passed legislation to curb alleged foreign influence after scaling back proposed restrictions on funding from abroad that the...
Read moreDetailsWhy 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...
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