Economy

Moody’s downgrades Kenya’s credit rating to B3 amid rising debt concerns, impacting the nation’s economic stability and borrowing costs

The Economic Community of West African States (ECOWAS) expressed disappointment over stalled reconciliation efforts with junta-controlled Burkina Faso, Mali, and Niger. The three nations recently formed the Alliance of Sahel …

West Africa faces a potential breakup as the regional bloc ECOWAS grapples with the possible departure of Mali, Burkina Faso, and Niger. These junta-led states threaten to leave, raising concerns …

Kenyan rights groups are sounding the alarm over a wave of abductions targeting activists involved in recent protests. The demonstrations, which began as a reaction to tax hikes, have grown …

The war in Sudan has worsened with over 136,000 people displaced by recent violence in Sennar state. UN warns of critical conditions for displaced populations and potential famine in Darfur. …

Egyptian President Abdel Fattah al-Sisi reshuffled the cabinet, bringing in new finance and foreign ministers to tackle economic challenges, inflation, and power cuts.

Zambia receives a $208 million grant from the World Bank to combat a devastating drought threatening food security for millions. The grant will provide emergency cash assistance and strengthen social …

The Dangote refinery is reshaping the West African oil market by expanding gasoil exports and adhering to evolving environmental standards.

Kenyan activists call for continued protests following President Ruto’s withdrawal of tax hikes, amid criticisms of police conduct and government austerity measures.

President Cyril Ramaphosa has appointed former opposition leader John Steenhuisen as Agriculture Minister in a new coalition cabinet following the ANC’s loss of majority.