Economy

Africa stands at a pivotal juncture in its journey towards global connectivity. Despite ambitious targets like Nigeria’s aim for 70% broadband penetration by 2025, the continent grapples with significant internet …

The South African rand gained against the dollar on Tuesday, as global risk appetite improved amid signs that the U.S. Federal Reserve may stop raising interest rates soon. The rand …

Africa’s largest economies are set to diverge from the global path of lower interest rates as they grapple with high inflation and currency pressures. While some countries such as Nigeria …

Angola is looking for a partner to operate its new $3 billion international airport in Luanda, the capital city, for up to 40 years. The tender, which opens on Friday, …

Kenya has received an additional $938 million from the International Monetary Fund (IMF) to support its economic recovery from the effects of the drought, inflation, and global financial shocks. The …

Kenya and Uganda have agreed to enhance their connectivity and trade by establishing two new border crossings and constructing dual carriageways along the Northern Corridor, a vital trade route in …

Kenya’s shilling has been on a downward spiral for the past two years, losing nearly 25% of its value against the US dollar. This has caused inflation, higher import costs, …

X-agon introduces AnyworkX, revolutionizing African e-commerce with digital services.

West African governments have received a vital piece of advice: to rejuvenate their economies, they should focus on internal resources rather than depend heavily on Bretton Woods institutions like the …

Africa is often praised for its agricultural potential, but a new report reveals that the continent is losing a staggering amount of money every year due to the hidden costs …