Kenya set to receive about $400 million in emergency World Bank funding
Kenya is expected to receive about $400 million in emergency financing from the World Bank within six weeks to help...
Tag Archives: #Economy
Ghanaian cedi and Ugandan shilling expected to weaken further
The currencies of Ghana and Uganda are expected to come under further pressure against the US dollar over the coming...
South Africa’s Unemployment Rate Hits Four-Year High as Jobless Total Reaches 8.5 Million
South Africa’s unemployment rate has risen to its highest level in four years, with the number of unemployed people reaching...
Lagos, Ogun, Kaduna Top 2025 State Performance Rankings in New pSPI Report
Lagos State, Ogun State, and Kaduna State have emerged as Nigeria’s top-performing subnational governments in the 2025 edition of the...
Fuel Shortages Disrupt Life in Malawi as Global Oil Prices and Supply Pressures Mount
Fuel shortages are causing widespread disruption across Malawi, particularly in the capital Lilongwe, where long queues of trucks and private...
South African Reserve Bank Appoints Konstantin Makrelov as New Chief Economist
The South African Reserve Bank has announced the appointment of Konstantin Makrelov as its new chief economist, replacing Christopher Loewald,...
Shettima Says Tinubu’s Reforms Are Rebuilding Nigeria’s Economic Foundations
Vice President Kashim Shettima says President Bola Ahmed Tinubu’s ongoing economic reforms are rebuilding the core pillars of Nigeria’s economy...
Egypt Inflation Eases to 14.9% in April as Monthly Price Growth Slows
Egypt’s annual inflation rate eased slightly to 14.9% in April, down from 15.2% in March, according to data released by...
Uganda Proposed “Sovereignty Bill” Could Hit Forex Reserves and Fuel Inflation, Central Bank Warns
A proposed Ugandan law, the Protection of Sovereignty Bill 2026, could significantly reduce foreign exchange inflows and trigger inflationary pressures,...
South Africa Inflation Inches Up to 3.1% in March as Services Costs Rise
South Africa recorded a slight uptick in inflation in March 2026, with annual consumer price inflation rising to 3.1%, up...