Economy

ABUJA, April 13 – Nigeria has reduced import tariffs on crude palm oil to 28.75% from 35%, according to the approved 2026 …

LUSAKA, April – Zambia’s cabinet has approved a revised 2026 budget to address revenue pressures linked to rising fuel import costs. The …

JOHANNESBURG, April 10 – Global conflicts in the Middle East and Eastern Europe are reshaping investor perceptions, with Africa increasingly viewed as …

ABUJA, April 9 – Nigeria has introduced a turnover-based tax framework aimed at expanding compliance within the informal sector, setting a 1% …

ABUJA, April 7 – Nigeria’s Federal Government has increased its planned borrowing for 2026 to N29.20 trillion, following a widening fiscal deficit …

CAIRO, April 7 – The African Export-Import Bank (Afreximbank) has approved a $10 billion Gulf Crisis Response Programme aimed at shielding African …

NAIROBI, April 7 – Kenya’s private sector activity contracted in March for the first time since August 2025, as external shocks linked …

JOHANNESBURG, April 7 – South Africa’s private sector returned to modest growth in March, as gains in output and hiring offset declines …

CAIRO, April 6 – Egypt’s net foreign reserves increased to $52.8 billion at the end of March 2026, according to new data …

RABAT, April 6 – Morocco is facing renewed pressure on fuel costs after prices surged sharply in March, highlighting volatility in global …