Economy

The World Bank has approved a $2.25 billion loan for Nigeria, aimed at supporting economic recovery and addressing critical developmental challenges through infrastructure, social services, and fiscal management reforms.

Africa’s Great Green Wall, an ambitious project to restore degraded land across the Sahel region, faces a funding shortfall and is unlikely to meet its 2030 completion goal, prompting calls …

President Tinubu commits to advancing economic reforms and revising Nigeria’s minimum wage despite growing hardships and public dissatisfaction.

Malawi and international partners escalate the search for Vice President Saulos Klaus Chilima, focusing efforts in a forest reserve after his aircraft went missing.

A critical lifeline has been severed in Sudan’s war-torn Darfur region. The main hospital in al-Fashir, the regional capital, was attacked and shut down on Sunday, June 9th, 2024, by …

The African Development Bank calls for urgent action to address Africa’s mounting debt crisis, urging for faster debt resolution, favorable lending terms, and increased investment to prevent a lost decade …

Nigeria’s government is proposing a significant increase in fuel subsidies for 2024, despite President Bola Tinubu’s earlier pledge to eliminate them. This policy shift outlined in a draft document has …

Amidst charges of corruption, South Africa’s Zizi Kodwa resigns, shaking the political landscape and casting doubts on the ANC’s leadership.

Zambia seeks an additional $400 million from IMF to combat the severe impacts of drought and expedite its economic recovery efforts.

South Africa’s ANC, after losing its majority, is negotiating potential coalitions to continue governing, facing choices that could reshape its political landscape.