IMF unlocks $184m loan for Zambia recovery after severe drought

The copper-rich Southern African country is recovering from a severe regional drought, which curbed economic growth.
26 Jul, 2025
Nigeria imports dairy cattle from Denmark to address milk shortage

Nigeria is importing dairy cattle from Denmark as it aims to double its milk output within five years.
2 Jun, 2025
Botswana to slash 2025 economic growth projection to ‘almost 0%’

Botswana says it will cut its 2025 economic growth forecast to almost zero due to a prolonged downturn in the global diamond industry.
2 Jun, 2025
More rains in Côte d’Ivoire boost cocoa outlook

Farmers nationwide expressed confidence as favourable weather conditions improve cocoa pods ahead of August.
2 Jun, 2025

Sidi Ould Tah: Who is the new African Development Bank boss?

African Development Bank to launch carbon credits support facility

South African central bank cuts key rate with inflation well-contained

Afreximbank tells investors Ghana ‘up to date’ on loans

Ghana’s cedi to strengthen further next week
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.

23 May, 2025
Niger seeks to cut Chinese workers in oil projects
Niger asks Chinese firm to terminate the contracts of expatriates who have been working in in the West African country for more than four years as it tries to assert greater control over its natural resources and promote local employment.

23 May, 2025
South Africa proposes changes that could allow Musk’s Starlink entry
Communications Minister Solly Malatsi has proposed the recognition of so-called “equity equivalent” investment programmes in the information and communication technology sector.

22 May, 2025
Egypt cuts interest rates for second time in two months
Egypt’s central bank has cut interest rates for the second time since April as inflationary pressures have eased in the North African country.

21 May, 2025
South Africa presents revised budget
South Africa’s finance minister has presented a third version of the 2025 budget after being forced to backtrack on a proposed increase in value-added tax.




