Economy

LONDON, June 3 – Ghanaian President John Dramani Mahama has called for major reforms to global debt restructuring systems, arguing that developing …

JOHANNESBURG, June 3 – South Africa’s private sector returned to contraction in May as rising fuel costs and geopolitical uncertainty weighed on …

ADDIS-ABABA, June 3 – The International Monetary Fund (IMF) has advised governments to avoid large-scale subsidies, price controls and broad tax cuts …

JOHANNESBURG, June 2 – South Africa remains on track to achieve its fiscal objectives despite growing geopolitical tensions and higher energy prices …

RABAT, June 1 – Morocco’s trade deficit expanded significantly during the first four months of 2026 as stronger import growth outweighed gains …

ADDIS ABABA, June 1 – Ethiopia’s long-running effort to restructure its defaulted international bond has encountered another obstacle after a group representing …

The African Development Bank says the continent’s yawning development financing gap can be closed not by aid, but by Africa itself. The …

NAIROBI, May 29 – Kenya recorded a notable acceleration in consumer inflation during May, as price pressures continued to build across the …

ADDIS ABABA, May 28 – Ethiopia has failed to secure a breakthrough in negotiations with international bondholders after investors rejected the government’s …

LUSAKA, May 28 – Zambia recorded its slowest inflation rate in more than eight years in May as a stronger local currency …