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Category : Economy
Nigeria Approves $2.85 Billion Foreign Borrowing Plan, Including First Sovereign Sukuk
African Economy Inc.
2025/10/30Nigeria’s parliament has approved President Bola Tinubu’s request to secure $2.85 bil...
Uganda’s Coffee Exports Jump 59% in September on Bumper Harvest
Uganda, Africa’s largest coffee exporter, recorded a sharp 59% year-on-year surge in ...
Where to Invest in Africa 2025-26: Unveiling New Frontiers for Growth
The RMB "Where to Invest in Africa 2025-26" report highlights an unprecedented surge ...
Namibia’s President Nandi-Ndaitwah Takes Direct Control of Mines and Energy Ministry
Namibian President Netumbo Nandi-Ndaitwah has dismissed her deputy prime minister and...
Nigeria’s Fiscal Deficit Widens to ₦13.5 Trillion in 2024, Budget Office Reports
Nigeria’s budget deficit surged past the government’s target in 2024, rising to ₦13.5...
Ivory Coast’s Mining Boom Faces Test as Ouattara Seeks Fourth Term
Ivory Coast’s mining industry, one of West Africa’s fastest-growing faces a critical ...
Egypt’s Economy Projected to Grow 4.6% in 2025/26 as Inflation and Interest Rates Ease
Egypt’s economy is forecast to expand by 4.6% in fiscal year 2025/26, supported by ea...
South Africa’s Retail Sales Grow 2.3% Year-on-Year in August
South Africa’s retail sector posted a 2.3% annual increase in sales for August, easin...
Moody’s Says Weak Investment Limits South Africa’s Credit Rating Recovery
Moody’s has warned that South Africa’s sluggish investment levels and slow structural...
IMF raises Nigeria’s 2025 growth forecast to 3.9%, 4.2% in 2026
The International Monetary Fund (IMF) has upgraded Nigeria’s 2025 GDP growth projecti...
