Economy

DAKAR, Oct 6 – The World Bank has raised its forecast for economic growth in Sub-Saharan Africa to 4.3% in 2026, citing …

CAIRO, Oct 6 – Egypt’s non-oil private sector recorded a sharper contraction in September as weaker demand weighed on output and new …

NAIROBI, Oct 5 – Kenya’s private sector activity returned to growth in September as stronger performance in manufacturing, construction and services outweighed …

CAPE TOWN, Oct 5 – South Africa’s private sector contracted at its fastest pace since December in September, with a sharp decline …

LAGOS, Oct 3 – Cameroon’s economic growth outlook is weakening in 2026 as declining hydrocarbons production, delays in expanding electricity transmission capacity …

CAIRO, Oct 2 – Egypt and South Africa have established a Joint Business Council to deepen trade, investment and private-sector cooperation between …

LUSAKA, Oct 1 – The Bank of Zambia cut its monetary policy rate by 250 basis points to 10.75%, delivering a larger-than-expected …

WINDHOEK, Oct 1 – The Banco de Moçambique kept its benchmark interest rate unchanged at 9.25%, while new Governor Felisberto Navalha announced …

NAIROBI, Sept 30 – Kenya’s annual inflation accelerated to 6.8% in September, its highest level in more than two and a half …

JOHANNESBURG, Sept 29 – South Africa’s foreign direct investment inflows more than doubled to 49.8 billion rand ($3.03 billion) in the second …