Economy

KIGALI, April 2 – Rwanda has reached a staff-level agreement with the International Monetary Fund on a 38-month loan program worth SDR …

ADDIS ABABA, April 2 – Ethiopia is on track to join the World Trade Organization in 2026, bringing its more than two-decade …

JOHANNESBERG, April 2 – South Africa’s tax revenue exceeded expectations in the 2024 to 2025 fiscal year, supported by higher collections across …

MAPUTO, April 1 – Mozambique has repaid approximately $700 million to the International Monetary Fund ahead of schedule, eliminating its outstanding credit …

ACCRA, April 1 – Ghana’s inflation rate eased further in March 2026, extending a sustained period of price moderation that has reshaped …

NAIROBI, Mar 31 – Kenya’s annual inflation rate edged up slightly to 4.4% in March, from 4.3% recorded in February, according to …

GABORONE, Mar 31 – Botswana’s economy contracted by 5.4% year-on-year in the fourth quarter of 2025, reflecting a sharp downturn in its …

GABORONE, Mar 31 – Botswana is in preliminary discussions to take up to a 30% stake in Angola’s Lobito Oil Refinery, as …

ADDIS-ABABA, Mar 30 – The African Development Bank has warned that the economic impact of the Middle East conflict on Africa could …

ABUJA, Mar 30 – The ECOWAS Staff Mutual Credit Union raised its annual dividend by 11% after reporting a 13% increase in …