Angola Cuts Interest Rate as Inflation Continues Downward Trend
On Tuesday, July 14 2026, Angola’s Central Bank has reduced its benchmark interest rate by 125 basis points to 15.75 per cent from 17.0 per […]
growth
IMF approves $443.9 million disbursement to Tanzania after successful programme reviews
The International Monetary Fund (IMF) has approved the immediate disbursement of about $443.9 million to Tanzania after completing key reviews under its lending programmes, the […]
World Bank lowers Kenya’s 2026 growth forecast to 4.3% amid global uncertainty
The World Bank has revised Kenya’s economic growth forecast for 2026 to 4.3%, down from its November projection, citing the economic impact of the US-Israeli […]
South Africa to host 2026 SADC Industrialisation Week in Durban
South Africa will host the 2026 Annual SADC Industrialisation Week from July 27 to 31, 2026, at the Durban International Convention Centre in KwaZulu-Natal, the […]
Namibia Hikes Interest Rate to 6.75% Amid Rising Inflation Concerns
On June 17, 2026, the Bank of Namibia raised its benchmark repo rate by 25 basis points to 6.75%, marking its first interest rate increase […]
South Africa Records 0.5% Economic Growth in First Quarter of 2026
South Africa’s economy expanded by 0.5 per cent in the first quarter of 2026, marking the sixth consecutive quarter of growth, according to figures released […]
Angola Reclaims Position as Sub-Saharan Africa’s Third Largest Economy – IMF
Angola has regained its status as the third-largest economy in Sub-Saharan Africa, according to the International Monetary Fund’s latest 2026 economic outlook report, authorities disclosed […]
South Africa Secures $150 Million OPEC Fund Loan for Infrastructure Reforms
South Africa has secured a 150-million-U.S.-dollar development policy loan from the OPEC Fund for International Development to support infrastructure reforms aimed at boosting economic growth […]
Nigeria Approves Key PPP Projects to Boost Transport and Power Infrastructure
The Federal Executive Council has approved three major Public-Private Partnership (PPP) projects aimed at strengthening infrastructure and driving economic growth across critical sectors in Nigeria. […]
Guinea Bauxite Output Surges 25% in Q1 2026 as Export Curbs Loom
Guinea recorded a 25% increase in bauxite output in the first quarter of 2026, driven largely by strong demand from China, according to official data […]