Economy

KEY POINTS IMF offers $185.5 million for Zambia’s recovery. Drought, inflation reduce Zambia’s GDP growth forecast. IMF emphasizes fiscal reforms for economic stability. Zambia and the IMF reached a staff-level …

The UN Security Council considers a British-led resolution urging a ceasefire in Sudan’s ongoing conflict, calling for safe and unimpeded humanitarian aid access across the war-torn region.

Sterling One Foundation partners with Agriculture Summit Africa to address food security, empowering African farmers through sustainable practices and resources.

Mauritius voters head to the polls with cost of living concerns central to the election, as both government and opposition pledge economic reforms.

President Tinubu of Nigeria is set to call for an immediate Gaza ceasefire and advocate for a two-state solution at the upcoming Riyadh summit.

Key Points Safaricom’s net income fell 17.7% due to currency losses. Full-year earnings forecast to be $731 million–$778 million. Ethiopian unit to break even by 2027 amid challenges. Safaricom, East …

KEY POINTS Oil revenue funds 80% of Nigeria’s budget. Oil dependency causes vulnerability to price shocks. Diversifying sectors like agriculture strengthens stability. Nigeria, Africa’s third largest economy with a gross …

Africa CDC calls on U.S. President-elect Donald Trump to fulfill vaccine pledges made by President Biden in response to the mpox outbreak in Africa.

Women across Africa encounter numerous challenges in the workplace, including gender bias, limited advancement opportunities, and cultural constraints. Addressing these issues is crucial for fostering inclusive and equitable professional environments.

Mozambique’s President Nyusi commits to a peaceful transfer of power, prioritizing democratic integrity and stability amidst the nation’s political crisis.