IMF Forecasts 4.5% Growth for Africa in 2026 Despite Global Economic Challenges
African economies are showing resilience despite global economic uncertainty, but the International Monetary Fund (IMF) has warned that the continent...
Tag Archives: #AfricaEconomy
Nigeria Climbs Four Places to Eighth in Bloomberg Africa Investment Ranking
Nigeria has recorded the biggest improvement in Bloomberg Economics’ 2026 Africa investment risk ranking, moving up four places to eighth...
World Bank Raises Africa’s 2026 Growth Forecast to 4.3%, Urges AI Investment
The World Bank has raised its economic growth forecast for Sub-Saharan Africa to 4.3 per cent in 2026, up from...
South African rand strengthens as weaker US jobs data pressures dollar
The South African rand strengthened against the US dollar on Wednesday, September 2, 2026, as weaker-than-expected employment data from the...
Senegal reaches $2.2 billion IMF deal as government tackles mounting debt crisis
Senegal has reached a staff-level agreement with the International Monetary Fund (IMF) on a new $2.2 billion financing programme, marking...
China-Africa Trade Reaches Record $196.6 Billion in First Half of 2026
Trade between China and Africa reached a record $196.6 billion during the first half of 2026, according to the Chinese...
Kenya Suspends Transport Strike After Fuel Price Protests Leave Four Dead
A nationwide transport strike in Kenya triggered by rising fuel prices linked to the Middle East conflict was suspended on...
Tinubu Calls for Stronger African Economic Integration at Nairobi Summit
President Bola Tinubu has called for deeper economic integration across Africa, stressing the need for policies that prioritise the continent’s...
Ghana’s State Cocoa Buyer Halts Farmer Purchases Over Mounting Debt Crisis
Ghana’s state-owned cocoa buyer, Producer Buying Company, has reportedly stopped purchasing cocoa from farmers after accumulating debts of 673 million...
IMF Warns Middle East Conflict Threatens Sub-Saharan Africa’s Economic Recovery in 2026
Sub-Saharan Africa entered 2026 with its strongest economic momentum in more than a decade before a new global shock disrupted...
Page 1 of 2