Zimbabwe commits to economic stability by ensuring new ZiG currency notes are only printed when backed by sufficient gold and foreign currency reserves.
Economy
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As cocoa prices hit $10,000 per ton, West African farmers are rapidly switching crops to capitalize on the global chocolate crisis, affecting prices worldwide.
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Zambia is on a quest for $900 million in financing as the country grapples with the looming specter of drought, expected to slash economic growth in half. The dire situation…
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The South African rand extends its losses as risk sentiment deteriorates, reflecting broader concerns in global markets. Investors exhibit caution amidst geopolitical tensions and economic uncertainty, exerting downward pressure on…
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Nigerian families face hardship as food prices surge, putting strain on budgets and affecting daily meals. Economic interventions fall short.
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Chad’s interim president, Mahamat Idriss Deby, launched his presidential campaign on Sunday, promising to strengthen security and revive the economy as the country prepares for an election next month. The…
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CAIRO/PORT SUDAN – One year into a brutal conflict, Sudan grapples with the devastating consequences of war. The fighting between the Sudanese military and paramilitary Rapid Support Forces (RSF) has…
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Ghana’s Vice President Mahamudu Bawumia stands firm against same-sex relations, sparking a contentious debate ahead of the presidential election. A Firm Stance Amid Political Tensions Vice President Bawumia’s recent declaration…
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IMF’s agreement unlocks $574 million for Ivory Coast’s economic development.
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Uganda’s forex reserves fell by 12% due to debt payments, raising concerns about economic stability. The Bank of Uganda warns of fragile balance of payments.