economy

Uganda is facing a potential loss of vital funding from the World Bank over its harsh anti-LGBTQ law, which has drawn international criticism and condemnation. The law, which President Yoweri …

South Africa faces a serious challenge of attracting and retaining skilled workers, as inefficiencies and delays plague its visa system. This is hampering the country’s economic recovery, as foreign investors …

Nigeria’s first lady, Aisha Tinubu, is set to receive N1.5 billion ($3.9 million) for the purchase of vehicles for her office, according to the 2023 supplementary budget proposal submitted by …

Nigeria, Africa’s largest economy, has announced a proposed budget of N26 trillion ($34 billion) for the 2024 fiscal year, a 19% increase from the current budget of N21.8 trillion. The …

Zimbabwe faces a massive brain drain as thousands of skilled workers leave the country in search of better opportunities abroad. The economic meltdown, which has been worsened by the impact …

 Kenya’s trade deficit, the gap between imports and exports, narrowed by 9.7% or $727 million in the first eight months of 2023, according to the latest data from the Kenya …

South Africa’s currency, the rand, fell back on Wednesday after a brief rally on Tuesday as investors awaited the release of the minutes of the latest Federal Reserve meeting and …

The Gambia, a small West African nation, plans to launch its first stock exchange to diversify its financial sector and provide more business funding options. The country’s economy has been …