Economy
Breaking and the latest news relating to African Economy.
For West African juntas, CFA franc pits sovereignty against expediency
Days after Burkina Faso, Mali and Niger announced last month they were quitting the West Africa political union ECOWAS, Burkina...
Read moreDetailsU.S. firm HPX signs pact for Guinea-Liberia rail link
U.S. firm High Power Exploration Inc (HPX), founded by mining billionaire Robert Friedland, said on Monday it had signed a...
Read moreDetailsZimbabwe to link exchange rate to hard assets, create currency board
Zimbabwe is working on new measures to stabilise its local currency including linking the exchange rate to hard assets such...
Read moreDetailsMalawi lifts visa restrictions for 79 countries
Malawi has lifted visa restrictions for travellers from 79 countries. Homeland Security Minister Ken Zikhałe made this announcement in a...
Read moreDetailsRwanda signs deal with Poland to boost trade, green technologies
Rwanda has signed a framework agreement with Poland to boost bilateral ties in various fields including trade and green technologies....
Read moreDetailsQuitting Ecowas: ‘Burkina not bound by time limit’ – Transitional government
Together with Mali, Niger, and Burkina Faso will leave the sub-regional organisation. The transitional government in Burkina Faso has informed...
Read moreDetailsUganda debate on sugar industry Bill deferred
The debate on the Sugar (Amendment) Bill, 2023 has been deferred after parliament in Uganda failed to agree on the...
Read moreDetailsEthiopia’s leader plays down fears of conflict with Somalia over a planned naval port
Ethiopian Prime Minister Abiy Ahmed has played down fears of a war with Somalia over his quest for sea access...
Read moreDetailsDemonstrators support Mali’s ECOWAS exit, sparks regional concerns
Demonstrators flooded the streets of Bamako on Thursday, rallying in support of the Malian junta's decision to withdraw the country...
Read moreDetailsOil powers enter race for Africa’s critical metals amid rising costs
Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw...
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