Economy

IFC and Nigeria’s central bank team up to expand naira-based financing, cutting forex risk and empowering local businesses in key sectors

Sudan faces escalating violence and ethnic conflict, with UN urging alternative approaches to protect civilians as peacekeeping remains unfeasible.

KEY POINTS Egyptian Finance Minister Ahmed Kouchouk emphasizes optimism for productive talks with the IMF during upcoming consultations on economic reforms. Kouchouk engages with global finance leaders at G20 and …

Seventeen Nigerian women trafficked to Ghana have been rescued and returned safely, as NiDCOM collaborates with Ghanaian authorities to combat human trafficking.

Angola’s finance minister, Vera Daves de Sousa, announced concerns over the economic impact of potentially lower oil prices, noting the country’s reliance on crude revenue and ongoing phase-out of fuel …

Somalia’s security camera initiative to combat al Shabaab is raising concerns as business owners face militant reprisals for participating in the government-led effort.

Frelimo’s Daniel Chapo wins Mozambique’s contested election as opposition leader Venancio Mondlane claims fraud, leading to unrest and nationwide protests.

Nigeria’s decision to block Shell’s $2.4 billion asset sale raises concerns about attracting foreign investment, despite efforts to revive the economy. Regulatory delays send mixed signals to investors, potentially stalling …

The RSF launched attacks on Gezira villages following the defection of a key officer, resulting in at least 25 deaths and mass displacement, as Sudan’s humanitarian crisis worsens.

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