Economy

Discover the groundbreaking partnership between Nigeria and India, paving the way for a sustainable and prosperous blue economy. A strategic alliance that promises a revolution in maritime investments and technology …

Nigeria’s new central bank governor, Olayemi Cardoso, has unveiled his ambitious plans to tame the country’s soaring inflation and boost the value of its currency, the naira. Cardoso, who took …

Mozambique has given the green light to a $2 billion port expansion project that will be led by Dubai-based global ports operator DP World and South Africa’s Grindrod Ltd. The …

Tunisia’s Finance Minister confirms full repayment of 2023 domestic and external debts, outlines challenges posed by increased foreign debt for 2024.

China is stepping up its efforts to promote the use of its currency, the yuan, in Africa, as part of its de-dollarisation strategy and to boost its economic and political …

Amid Eurobond payment concerns, Kenya secures $210 million in loans from TDB, offering financial relief. Finance Minister provides insights.

Saudi Arabia makes a groundbreaking move, slashing hiring costs for African domestic workers, marking a pivotal change in international labor dynamics.

The ongoing security crisis in the Red Sea has forced many shipping companies to reroute their vessels around the Cape of Good Hope, creating a surge in demand for refueling …

US Secretary of State Antony Blinken will embark on a four-nation tour of Africa next week, aiming to strengthen the diplomatic relationship between the US and the continent. Blinken will …

Currency traders anticipate changes in African exchange rates, with Ghana’s cedi expected to strengthen, the Kenyan and Nigerian currencies to weaken, and Uganda’s shilling to remain stable in the coming …