Kenya expresses concern over Tanzania’s ban on foreigners operating small businesses
Tanzania says the policy is aimed at boosting jobs and income for its citizens.
1 Aug, 2025
Somalia makes national ID cards mandatory for banking transactions
The move is meant to combat financial crime and restore public trust in financial institutions, the central bank said.
31 Jul, 2025
Ghana cuts benchmark interest rate by 3% as inflation eases
Ghana’s central bank has cut its benchmark interest rate by 3% on the back of easing inflationary pressures.
30 Jul, 2025
Ghana cancels $1.2 billion bauxite deal, eyes global partnership
Ghana has cancelled a $1.2 billion bauxite lease with local firm Rocksure International, seeking a partnership, instead, with a big overseas company.
28 Jul, 2025
IMF unlocks $184m loan for Zambia recovery after severe drought
Nigeria imports dairy cattle from Denmark to address milk shortage
Botswana to slash 2025 economic growth projection to ‘almost 0%’
More rains in Côte d’Ivoire boost cocoa outlook
Sidi Ould Tah: Who is the new African Development Bank boss?
29 May, 2025
African Development Bank to launch carbon credits support facility
The African Development Bank will launch a carbon markets support facility for the continent, senior bank officials said on Thursday.
29 May, 2025
South African central bank cuts key rate with inflation well-contained
South Africa’s central bank has cut its main interest rate by 25 basis points to 7.25% after inflation came in below its target range for a second consecutive month.
29 May, 2025
Afreximbank tells investors Ghana ‘up to date’ on loans
Afreximbank has signalled that Ghana has kept up loan repayments to it.
29 May, 2025
Ghana’s cedi to strengthen further next week
Ghana’s cedi is forecasted to gain strength in the coming week, bolstered by continued remittance inflows and interventions from the central bank.
27 May, 2025
AfDB cuts Africa’s 2025 growth forecast on trade tariffs uncertainty
Africa’s economic output is expected to grow by 3.9% this year, the African Development Bank said in its annual African Economic Outlook report on Tuesday.
27 May, 2025
South Africa denies changing black empowerment policy for Musk’s Starlink
Communications Minister Solly Malatsi denies making “special dispensation for Starlink or any other company or an individual”.
26 May, 2025
Ghana likely to miss cocoa output target in 2024/25 season
Ghana’s cocoa industry, hit by unfavourable weather conditions and increased smuggling, is likely to miss its output target of 650,000 metric tonnes of this season.
26 May, 2025
South Africa proposes buying of natural gas from US in efforts to mend relations
South Africa has offered to buy liquefied natural gas from the United States over a 10-year period as part of proposals to secure a trade deal.
26 May, 2025
AfDB election 2025: Meet the five candidates vying for Africa’s top banking job
Five candidates from South Africa, Senegal, Zambia, Chad and Mauritania, are vying to replace outgoing President Akinwumi Adesina.
25 May, 2025
Elon Musk to be ‘super focused’ on businesses after X outage
After the X outage on Saturday, Musk suggested that he may have been away from his companies for too long.
