Economy
Breaking and the latest news relating to African Economy.
Ivory Coast cocoa grind down 31.2% year-on-year in July, exporters association says
Ivory Coast's cocoa grind dropped 31.2% year-on-year in July to 39,301 metric tons, data from exporters' association GEPEX showed on...
Read moreDetailsSouth Africa’s Q2 farm exports to the US surge, but tariffs dampen prospects
South Africa's produce exports to the United States rose 26% in the second quarter following strong harvests, Agriculture Minister John...
Read moreDetailsUganda targets higher exports with first large-scale gold mine
Uganda has inaugurated its first large-scale gold mine, a $250 million Chinese-owned project in the country's east that will also...
Read moreDetailsECOWAS’ new president, Julius Maada Bio, reiterates wish for Sahel states to return to the fold
As he continues his West Africa tour, Sierre Leone’s president Julius Maada Bio, has reiterated his wish that the Alliance...
Read moreDetailsSouth Africa starts ‘national dialogue’ about poverty, inequality
South African is starting a “national dialogue” Friday that is meant to bring all sectors of society together to discuss...
Read moreDetailsKenya wants a funded IMF programme, central bank governor says
Kenya wants its next International Monetary Fund programme to be a funded one, its central bank governor said on Wednesday,...
Read moreDetailsSouth Africa’s auto sector hit by job losses and company closures
Low domestic sales of locally made cars, an influx of imports and low levels of local content have led to...
Read moreDetailsSouth Africa to offer US a revised trade deal on Tuesday
South Africa will submit a revised offer for a trade deal to Washington on Tuesday, the trade minister said, in...
Read moreDetailsAfrican Development Bank to finance $500 million of Ethiopia’s new airport
The African Development Bank will contribute $500 million towards the financing of a new airport in Ethiopia - which is...
Read moreDetailsSouth Africa’s DA thinks U.S. trade deal unlikely without changes to race policies
The second biggest party in South Africa's ruling coalition thinks the 30% tariff Donald Trump imposed on its exports to...
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