Economy
Breaking and the latest news relating to African Economy.
Kenya gets $169 million in Japan Samurai financing to boost industries
Japan will provide up to 25 billion yen ($169.42 million) in Samurai financing to Kenya that will be directed towards...
Read moreDetailsUganda negotiates debt financing for 85% of planned $3 billion railway project
Uganda is in talks with development finance institutions and credit export agencies to have 85% of a planned railway project...
Read moreDetailsJapan seeks bigger role in Africa at Yokohama summit
Japan’s Prime Minister Shigeru Ishiba has opened a three-day summit with nearly 50 African leaders, pledging deeper economic and strategic ties as...
Read moreDetailsGhana cocoa farmers revolt over prices, threaten mass smuggling
A coalition of Ghanaian cocoa farmers has threatened to bar officers of the national regulator from their farms to protest...
Read moreDetailsCameroon OKs $1.6 billion in fresh borrowing to fund projects, clear arrears
Cameroon's finance minister has been authorised to borrow up to 930 billion CFA francs ($1.67 billion) in domestic and external...
Read moreDetailsMozambique’s president praises ties with China
Maputo Bridge in Mozambique has been connecting communities in the Southern African country's capital, significantly improving the city's road network...
Read moreDetailsIvory 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...
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