South Africa raises policy rate to 7.25% as inflation risks intensify
The South African Reserve Bank (SARB) on Wednesday, September 23, 2026, increased its policy rate by 25 basis points to 7.25 per cent, citing renewed […]
Finance
African tax experts urge research-led policies to boost revenue
African officials and tax experts have called for stronger use of research to improve tax policy and administration as countries seek to raise more domestic […]
Angola seeks fairer financing terms for African economies
Angola continues to access international markets and meet its financial obligations despite facing high borrowing costs, Minister of State for Economic Coordination José de Lima […]
AfDB urges policy reforms, domestic financing to shield Africa’s food systems from global shocks
The African Development Bank (AfDB) has called for targeted policy and fiscal reforms to strengthen Africa’s food systems against increasing global disruptions. Speaking at a […]
AfDB Supports Sudan’s healthcare, agriculture, essential services with $100m
The African Development Bank (AfDB) has allocated about $100 million to support healthcare, agriculture and other essential services in Sudan as the country seeks to […]
Senegal pushes for IMF approval of $2.2bn loan as Faye meets Georgieva
Senegalese President Bassirou Diomaye Faye has stepped up efforts to secure final approval for a $2.2 billion International Monetary Fund (IMF) programme as his Government […]
Rwanda’s economy expands 9.4% in second quarter of 2026
Rwanda’s economy grew by 9.4% in the second quarter of 2026, accelerating from 7.8% during the same period in 2025, according to data released by […]
Nigeria: Dangote launches $1.6bn refinery IPO in Africa’s biggest share sale
Nigerian billionaire Aliko Dangote on Monday, September 14, 2026, launched an initial public offering (IPO) for his oil refinery, in what is expected to become […]
Energy Transition: African Transition Acceleration Fund Deploys Its First Financing
Thirteen priority countries are set to benefit from a new financing mechanism, African Transition Acceleration Fund (ATAF), designed to accelerate Africa’s energy transition, as the […]
Ethiopia, AIIB explore financing for Bishoftu airport and energy projects
Ethiopia and the Asian Infrastructure Investment Bank (AIIB) have discussed expanding cooperation in infrastructure, energy and climate-resilient development. Finance Minister Ahmed Shide met AIIB President […]