Economy

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 …

In a historic move, the UNDP launches a $1 billion Timbuktoo Africa Innovation Fund, aiming to transform Africa’s startup landscape and unlock the potential of its young entrepreneurs.

Nigeria is in talks with the World Bank to secure up to $1.5 billion of budget support to help ease a severe dollar shortage that has contributed to the naira’s …

Facing economic headwinds, South Africa’s retail sector records a 0.9% year-on-year drop in November, challenging consumer market resilience.