South Africa’s Private Sector Contracts as Weak Demand and Fuel Costs Hit Businesses
Johannesburg: South Africa’s private-sector economy came under renewed pressure in September, with business activity contracting at its fastest pace since...
African Economy
Lusophone Africa Investment Forum Set to Bring Investors and Decision-Makers Together in Cabo Verde
Cabo Verde, September 20 The second Lusophone Africa Investment Forum is scheduled to take place on October 26 and 27,...
Senegal President Set for Talks With IMF Chief on Economic Reforms
Senegalese President Bassirou Diomaye Faye is set to hold high-level discussions with International Monetary Fund Managing Director Kristalina Georgieva as...
World Bank Backs Faster Debt Restructuring for Senegal
The World Bank has expressed support for accelerating Senegal’s efforts to restructure its debt, signaling a push for a more...
South African Rand Rises as Investors Await Key Economic Data
JOHANNESBURG — The South African rand strengthened modestly in early trading on Thursday as investors prepared for the release of...
Dangote Refinery IPO Set to Become Africa’s Biggest Share Sale in Nigeria
LAGOS — Nigeria is preparing for a landmark stock-market transaction as the Dangote Refinery moves toward an initial public offering...
Kenya Moves Against Foreign Traders as Government Defends Protection of Small Businesses
Kenya has stepped up its campaign against foreign traders operating in small-scale retail and other informal businesses, opening a new...
Egypt Accelerates Natural Gas Production to Strengthen Energy Security
Egypt is stepping up efforts to strengthen its domestic energy supply by increasing oil and natural gas production, accelerating new...
South Africa Reports Stronger Trade Position as July Surplus Reaches R20.1 Billion
South Africa recorded a preliminary trade surplus of R20.1 billion in July 2026, according to the latest trade statistics released...
AI Could Deliver a Major Growth Boost for Sub-Saharan Africa, IMF Finds
Washington: Artificial intelligence could become a significant driver of economic growth across Sub-Saharan Africa if countries move quickly to expand...
AI and Satellite Data Could Transform Africa’s Trade Corridors, World Bank Research Finds
Washington, September 1, 2026: Artificial intelligence and satellite-based geospatial information are emerging as powerful tools for improving the movement of...
African Development Bank and ECCAS Strengthen Partnership to Accelerate Central African Integration
A young boy plays football on a road at an IDP camp near the town of Jowhar, Somalia, on December...
World Bank Highlights Uneven Trucking Rules Across Africa and Their Impact on Trade
Washington, August 14, 2026: The movement of goods by road remains a crucial part of Africa's internal trade, but significant...
