Foreign Investment

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 South African rand continues to fluctuate as inflation pressures rise. Learn how this affects the economy, foreign investment, and the future of South Africa’s growth.

Ethiopia floats the birr to secure IMF support, causing a 30% drop in value.

Egyptian President Abdel Fattah al-Sisi reshuffled the cabinet, bringing in new finance and foreign ministers to tackle economic challenges, inflation, and power cuts.

Nigeria’s Central Bank (CBN) announced a new policy on April 8th, 2024, restricting the use of foreign currency-denominated collateral for naira loans. This move is intended to safeguard the banking …

In a bid to tame its economic woes, Zimbabwe has unveiled a brand new gold-backed currency – the Zimbabwe Gold (ZiG). This audacious move signifies the nation’s determination to stabilize …