Economy

LAGOS, Oct 16 – Africa must mobilize more domestic capital, accelerate infrastructure project development and process more of its natural resources locally …

JOHANNESBURG, Oct 16 – South Africa’s inflation outlook remains exposed to rising global energy and food prices, with consumer price growth expected …

LAGOS, Oct 15 – Nigeria’s headline inflation rate eased to 14.63% in September 2026, down from 15.39% in August, according to the …

KAMPALA, Oct 15 – Uganda is projected to become Sub-Saharan Africa’s fastest-growing economy in 2027, with real gross domestic product (GDP) forecast …

LONDON, Oct 15 – Gabon has raised $580 million through an eight-year Eurobond carrying a 9.375% coupon, with investor demand approaching $1 …

KAMPALA, Oct 14 – Uganda’s central bank has raised its benchmark interest rate by 2.25 percentage points to 12%, bringing forward a …

NAIROBI, Oct 13 – Kenya expects an International Monetary Fund (IMF) mission to visit Nairobi in early December for Article IV consultations, …

KAMPALA, Oct 13 – Uganda’s foreign exchange reserves increased 56% year-on-year to $6.7 billion in the 12 months to June, strengthening the …

BAMAKO, Oct 12 – The African Development Bank Group (AfDB) and the International Monetary Fund (IMF) have discussed Mali’s economic outlook and …

BANGKOK, Oct 12 – Kenya’s mounting debt repayment obligations have renewed debate over the effects of International Monetary Fund (IMF) lending conditions, …