Nigeria, UAE Seal CEPA to Open Markets, Cut Tariffs and Accelerate Investment Flows
ABU DHABI, Jan 14 – Nigeria and the United Arab Emirates have formally signed a Comprehensive Economic…
Category: Economy
Angola Extends JPMorgan Debt Facility With $500 Million Boost
LUANDA, Jan 13 – Angola has secured access to an additional $500 million in financing after extending…
Ghana Pays Down $1.47 Billion Energy Arrears to Stabilize Power Sector
ACCRA, Jan 13 – Ghana has paid $1.47 billion to clear long standing debts in its energy…
Tanzania Holds Benchmark Rate at 5.75% as Policymakers Back Growth Momentum
Dar es Salaam, Jan 9 – Tanzania’s central bank left its benchmark interest rate unchanged for a…
South Africa’s Manufacturing Slump Deepens as Factory Confidence Sinks in December
Johannesburg, Jan 9 – South Africa’s manufacturing sector deteriorated further in December, with factory activity falling to…
Ghana Plans $935 Million Debut Domestic Infrastructure Bond Issuance
Accra, Jan 9 – Ghana is planning to raise 10 billion cedis, equivalent to about $935 million,…
Ghana Inflation Drops to 5.4% in December After Year-Long Decline
ACCRA, Jan 8 – Ghana’s consumer inflation fell to 5.4% year on year in December, down from…
Kenya’s Economy Expands 4.9% in Q3 2025 on Agriculture and Construction Rebound
NAIROBI, Jan 7 – Kenya’s economy grew by 4.9% year on year in the third quarter of…
South Africa PMI Shows Sharp Business Contraction at Fastest Pace in 11 Months
JOHANNESBURG, Jan 6 – South Africa’s business activity contracted at its fastest pace in nearly a year…
Kenya’s Private Sector Ends 2025 Strong as PMI Signals Broad-Based Growth
Nairobi, Jan 6 – Kenya’s private sector closed 2025 on a strong footing as business activity expanded…