Mauritania’s Tah takes over as African Development Bank chief
Tah was elected in May to succeed Nigeria’s Akinwumi Adesina as head of the AfDB.
1 Sep, 2025
NVIDIA unveils new robot chip for a Terminator-style future
NVIDIA is betting big that the T5000 will be the chip that ushers in the age of “physical AI”, where machines interact with the world the way humans do.
26 Aug, 2025
Botswana central bank holds main interest rate at 1.90%
Botswana’s central bank kept its monetary policy rate unchanged at 1.90% on Thursday, marking the sixth consecutive monetary policy meeting with no changes to the lending rate.
22 Aug, 2025
Uganda negotiates debt financing for 85% of planned $3 billion railway project
Uganda is in talks with development finance institutions and credit export agencies to finance 85% of a planned railway project, a senior official said on Wednesday.
20 Aug, 2025
The limits of global AI control and what it means for the world order
Ethiopia’s foreign direct investment increases ahead of bond restructuring
Kenya considers debt buyback, longer-dated bond sales to cushion spending
South Africa banks curb lending over climate-related default risks, study finds
South African court revokes TotalEnergies, Shell joint oil exploration permit
13 Aug, 2025
High gold prices entice mining companies into more exploration in Zimbabwe
Zimbabwean laboratories are struggling to cope with a surge in mineral samples submitted by mines ramping up exploration activity in response to record gold prices, a mine executive said on Wednesday.
11 Aug, 2025
Namibia’s central bank lowers 2025, 2026 economic growth forecasts
Namibia’s central bank has lowered its economic growth forecasts for this year and next, citing difficulties faced by key sectors, including agriculture and mining.
11 Aug, 2025
Algeria, Somalia set up joint economic team
The two countries agree to ”define the areas of bilateral cooperation based on the developmental needs and priorities of both countries,” says Algerian foreign minister.
5 Aug, 2025
Pay TV provider MultiChoice insists subscription fee cuts ‘not tenable’ in Ghana
Satellite TV services provider MultiChoice says it will continue to negotiate with Ghanaian authorities to resolve the subscription rates issue.
4 Aug, 2025
Nigeria’s oil production tops 1.8 million barrels per day in July
Nigeria’s oil production surpassed 1.8 million barrels per day (bpd) in July 2025, with current average output at 1.78 million bpd, officials said on Monday.
4 Aug, 2025
Ghana gives satellite TV service provider MultiChoice ultimatum to review charges
MultiChoice, which operates pay-TV services DSTV and GOTV has faced legal and regulatory hurdles in the past years from some countries.
1 Aug, 2025
Mali’s economy to grow despite foreign aid cuts, says IMF
IMF mission to Bamako noted its economy “has shown some resilience despite significant headwinds.
1 Aug, 2025
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.
31 Jul, 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.
30 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.
