Sonko Flags Hidden Debt Risks as Senegal’s Public Liabilities Surge Beyond GDP
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 […]
Economy
Uganda Poised for Double-Digit Growth as Oil Production Begins
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
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
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
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
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
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
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
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 […]
Zimbabwe Launches New Currency Amid Economic Turmoil
On Friday, Zimbabwe introduced a new currency, ZiG, to stabilize its economy and replace the previously depreciating currency, which faced rejection by its citizens. This […]