Mozambique has channelled US$210 million into its Sovereign Wealth Fund (FSM) by June 2025, surpassing the total contributions made in the whole of 2024! According […]
The African Development Bank (AfDB) has pledged a $500 million loan towards Ethiopia’s new $10 billion international airport in Bishoftu, southeast of Addis Ababa. The […]
Germany has recently pledged €10 million to the G20 Compact with Africa (CwA), signaling renewed commitment to boosting private investment and sustainable growth across the […]
Nigeria’s economy witnessed a notable boost in the first quarter of 2025, as its Gross Domestic Product (GDP) grew by 3.13% in real terms year-on-year, […]
China is rapidly expanding the use of its currency, the yuan, across Africa, positioning the continent as a strategic testing ground for its broader de-dollarization […]
Botswana’s President Duma Boko on Tuesday, 15 July 2025, launched the Botswana Economic Transformation Program in the capital, Gaborone, calling for bold, innovative strategies to […]
British consultancy Oxford Economics forecasts Mozambique’s inflation to average 4.4% in 2025, aligning closely with the current year-on-year rise of 4.15% reported in June 2025. […]
The Egyptian Tax Authority (ETA) is ramping up efforts to raise awareness of its newly introduced tax facilities designed to support the formalisation and expansion […]
The International Monetary Fund (IMF) has approved Ghana’s Fourth Review under the Extended Credit Facility (ECF) Programme, releasing a $370 million disbursement to support the […]
A new report by the African Export-Import Bank (Afreximbank) has revealed widespread foreign exchange (FX) challenges across Africa, with nearly half of the continent’s currencies […]
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