South African Factory Sentiment Improves for Second Consecutive Month
South Africa’s manufacturing sector recorded another modest improvement in October, as factory sentiment strengthened for the second consecutive month. However,...
Tag Archives: #AfricanEconomy
Russia Seeks Stronger Economic and Security Ties with African Countries at Moscow Summit
Russia has renewed its push to strengthen political and economic relations with African countries as representatives from across the continent...
Russia Hosts African Leaders as Putin Seeks Stronger Trade and Security Ties
Russian President Vladimir Putin is hosting African leaders and government delegations in Moscow for the third Russia–Africa Summit, a two-day...
Malawi’s foreign currency shortage leaves drivers waiting days for fuel
Malawi is facing a severe fuel shortage that has left drivers waiting for days at petrol stations, highlighting the economic...
Young Tunisians look abroad as economic uncertainty weighs on opportunities
Economic uncertainty and limited opportunities are contributing to a difficult decision for some young Tunisians: whether to remain in their...
IMF Warns Rising Inflation Could Threaten Africa’s Economic Recovery
The International Monetary Fund raised its forecast for regional economic growth in 2026 to 4.5 per cent, compared with its...
Africa Loses $74.5 Billion Annually Due to Unfair Credit Ratings
The United Nations has raised concerns over the financial impact of inaccurate and poorly contextualised credit ratings on African countries,...
African Banks Must Build Resilience Beyond Capital as Global Risks Intensify — CBN
Africa’s financial institutions will need to look beyond capital accumulation and strengthen governance, cybersecurity and risk-management systems as the continent...
Sudan Currency Crisis Deepens as Pound Loses Nearly Half Its Value
Sudan's economic crisis is worsening as the national currency loses value in army-controlled territory, pushing essential goods further beyond the...
African Central Banks Expected to Keep Interest Rates High Amid Global Shocks
Several African central banks are expected to maintain relatively high interest rates as policymakers respond to renewed inflationary pressures caused...