Economy
Breaking and the latest news relating to African Economy.
Moody’s upgrades Côte d’Ivoire’s credit rating
This move positions Côte d’Ivoire as the second best credit rating in Sub-Saharan Africa, behind Botswana and alongside South Africa....
Read moreDetailsNiger, Benin move to improve strained ties
Niger has still not reopened its land border with Benin since the West African regional bloc Ecowas lifted many of...
Read moreDetailsUN report says Africa’s share of global trade stands at 3 percent
The report by the United Nations Economic Commission for Africa paints a negligible picture of the continent’s world trade portfolio....
Read moreDetailsNigeria tightens security as food theft continues amid soaring inflation
Nigeria's National Emergency Management Agency (NEMA) announced Sunday (Mar. 3rd) it was increasing security at its facilities, Amid increased cases...
Read moreDetailsWorld Bank supports Somalia’s shift from fragility to resilience and growth
The World Bank’s Board of Executive Directors has announced a new five-year Country Partnership Framework (CPF) for Somalia. The CPF...
Read moreDetailsIMF avails US$390 million under ECF for poverty reduction in Togo
The Executive Board of the International Monetary Fund (IMF) has approved a 42-month arrangement of US$390 million under the Extended...
Read moreDetailsChad’s interim leader Mahamat Idriss Deby confirms plan to run for president
Chad's interim President Mahamat Idriss Deby said on Saturday he plans to run in this year's long-awaited presidential race. Deby's...
Read moreDetailsNigeria restarts cash transfers to cushion hardship caused by reforms
Nigeria has approved the immediate resumption of cash transfers to 12 million vulnerable households, Minister of Finance Wale Edun said...
Read moreDetailsECOWAS lifts sanctions on junta-led Niger
The West African regional bloc said on Saturday it would lift strict sanctions on Niger as it seeks a new...
Read moreDetailsUAE, Kenya seal comprehensive economic partnership deal
The United Arab Emirates and Kenya have concluded a comprehensive economic partnership agreement (CEPA), UAE Minister of Foreign Trade Thani...
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