Economy

HARARE, April 20 – Zimbabwe’s central bank governor said the country’s currency is trading below its implied value, citing the level of …

KINSHASA, April 17 – The Democratic Republic of Congo is set to become sub-Saharan Africa’s fifth-largest economy in 2026, overtaking Ethiopia, according …

HARARE, April 17 – The International Monetary Fund has approved a 10-month Staff-Monitored Program for Zimbabwe aimed at consolidating recent economic stabilization …

NAIROBI, April 17 – Kenya is in discussions with the World Bank to access emergency financing as it moves to contain the …

LAGOS, April 15 – Nigeria’s inflation rate rose in March for the first time in a year, reversing a months-long easing trend …

ADDIS ABABA, April 15 – Nigeria’s economic growth is now projected at 4.1% in 2026, following a downward revision by the International …

LAGOS, April 15 – Nigeria’s total public debt rose to ₦159.28 trillion ($118 billion) as of December 31, 2025, according to data …

ABUJA, April 15 – Nigeria would have spent as much as ₦52 trillion ($38.5 billion) on fuel subsidies in 2026 if the …

LUSAKA, April 14 – Zambia will forgo about $100 million in revenue after suspending fuel taxes for three months, as authorities move …

WASHINGTON, April 13 – Global economic policymakers are set to convene in Washington, D.C. for the spring meetings of the International Monetary …