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Economy

Ghana: Mahama Expresses Surprise at Rapid Recovery of Ghana’s Economy

January 26, 2026 Steven Addamah 0

President John Dramani Mahama has expressed astonishment at the swift turnaround of Ghana’s economy, describing the pace of recovery as far exceeding both his expectations […]

Sonko Flags Hidden Debt Risks as Senegal’s Public Liabilities Surge Beyond GDP

January 2, 2026 Geraldine Boechat 0

Speaking in Passi on Thursday, 01 January 2026, during the closing of a 72-hour cultural and sporting event, Senegal’s Prime Minister Ousmane Sonko disclosed that […]

Uganda Poised for Double-Digit Growth as Oil Production Begins

January 2, 2026 Steven Addamah 0

Uganda is set to begin commercial oil production in its western fields, a development expected to accelerate the country’s economic growth to double digits by […]

Mozambique Sees Surge in Digital Financial Inclusion and Improved Lending Conditions

November 14, 2025 Steven Addamah 0

The Bank of Mozambique has reported a substantial rise in electronic money account users, growing from 11.9 million in December 2022 to 23 million by […]

Nigeria Records 3.13% GDP Growth in Q1 2025 Amid Structural Reforms and Economic Rebasing

July 22, 2025 Steven Addamah 0

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, […]

BFA improves Angola’s GDP growth to up to 4.5% in 2024

January 3, 2025 Steven Addamah 0

Banco Fomento Angola (BFA) has raised its growth forecast for Angola’s economy in 2024 to as much as 4.5%, following stronger-than-expected results in the third […]

Angola’s economic situation worsens, consumer confidence declines

December 31, 2024 Steven Addamah 0

The economic challenges faced by Angola and its families have deepened over the past year, driven by rising unemployment and increasing prices for goods and […]

Cape Verdean economy grew 8.5% in the second quarter

October 8, 2024 Steven Addamah 0

Cape Verde’s Gross Domestic Product (GDP) grew by 8.5% in real terms in the second quarter of 2024, according to the National Statistics Institute (INE) […]

Mozambican economy grows 4.5% in the second quarter

September 18, 2024 Steven Addamah 0

Mozambique’s economy expanded by 4.5% in the second quarter of 2024, marking the highest growth rate in the past year, according to a report from […]

Cape Verde Bank foresees growth path in the country

September 11, 2024 Geraldine Boechat 0

Forecasts from the Bank of Cape Verde align with those of other international financial and development institutions, indicating positive economic growth driven by tourism and […]

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  • AU Executive Council Concludes 48th Session with Renewed Push for Unity and Development
  • Safran to set up landing gear systems plant in Casablanca
  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
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