Economy

Eskom projects R10 billion profit in 2025, reversing a R55 billion loss, driven by operational stability, tariff hikes, and debt relief.

Tanzania and the EU launch $15.7 million initiative to optimize Dar es Salaam Port, boosting regional trade and economic growth.

Nigeria approves Shell’s $2.4 billion asset sale to Renaissance, ending nearly a century of onshore operations for the energy giant.

Uganda’s rapid urbanization is reshaping social structures, impacting housing, employment, and access to essential services like healthcare and education.

Kenya extends oil supply deal with Gulf firms to stabilize its currency, reduce pump prices, and secure 180-day credit terms for oil imports.

Egypt’s court upholds a 1-year sentence against former presidential candidate Ahmed Tantawy, barring him from office for 5 years.

Botswana’s diamond industry supports social impact by driving job creation, funding education, and boosting healthcare for local communities

Cocoa farmers in Ivory Coast fear reduced harvests as heat and drought impact crop growth, raising concerns for the February and March harvests.

Political instability in Africa disrupts trade, investment, and key sectors like agriculture, mining, and tourism, slowing growth and hurting livelihoods

AMEA Power’s 500MW Abydos Solar Plant advances Egypt’s clean energy transition, powering 300,000 homes and reducing emissions significantly.