🇳🇬 Culture is no longer soft power. It is economic
The traditional view of culture as "soft power"—a nice-to-have complement to serious economic activity—is dead. African cultural industries are now fu...
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3,397 articles
🇸🇳 Senegal makes key debt payments, but more pain looms
Senegal has successfully navigated a critical juncture in its debt restructuring programme, meeting key payment obligations to bilateral and multilate...
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🇿🇦 South African markets slide as Middle East tension
South Africa's equity markets experienced a notable downturn this week as investors reassessed risk exposure amid escalating Middle East tensions and ...
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🇸🇳 Senegal: The diaspora, a key driver of the economy
Senegal's diaspora represents far more than sentimental ties to a homeland—it constitutes a critical economic infrastructure that European investors h...
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🇳🇬 FG launches N1bn grant scheme for small businesses
The Nigerian Federal Government has announced a substantial N1 billion (approximately €1.2 million) grant initiative targeting small and medium-sized ...
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🇪🇬 Egypt Central Bank Holds Rates Amid Growth Slowdown
The Central Bank of Egypt's Monetary Policy Committee delivered a holding pattern decision this week, maintaining its key policy rates amid a complex ...
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🇷🇼 Rwanda: IMF Agrees $250m Support to Help Rwanda Handle
Rwanda has achieved a critical financial milestone by securing a staff-level agreement with the International Monetary Fund for $250 million in suppor...
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🇰🇪 Taxpayer pain as MPs seek Sh364bn budget top-up
Kenya's parliament is pushing for a Sh364 billion (approximately €2.7 billion) supplementary budget allocation, revealing deepening fiscal pressures t...
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🇪🇬 Egypt, KSA set new era of economic cooperation - Egypt Today
Egypt and Saudi Arabia are entering a transformative phase of bilateral economic cooperation, signaling a strategic realignment in the Middle East and...
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🇿🇦 South African rand falls to 3-month low as soaring oil
The South African rand has weakened to its lowest point in three months, trading near 18.50 against the US dollar as global crude oil prices continue ...
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🇳🇬 SDP asks Tinubu to account for N158tn loans
Nigeria's political opposition has escalated scrutiny of the Tinubu administration's borrowing strategy, with the Social Democratic Party (SDP) formal...
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🇪🇬 Sisi reviews Egypt’s post-IMF agreement economic vision
Egypt's economic trajectory has reached an inflection point. Following the completion of a $3 billion International Monetary Fund bailout programme in...
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🇳🇬 Africa must spend wisely, not just raise revenue — Oyedele
Nigeria's Finance Minister Taiwo Oyedele has articulated a critical truth that often gets lost in African economic discourse: revenue generation witho...
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🇳🇬 Africa must spend wisely – Taiwo Oyedele
Nigeria's Minister of State for Finance, Taiwo Oyedele, delivered a pointed message to African policymakers this week: optimising tax collection means...
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🇳🇬 FG, First Lady, NGF, Dangote, NNPC
Nigeria has launched a landmark ₦65 billion ($43.3 million USD equivalent) Community Food Bank Trust Fund, backed by a coalition of government bodies,...
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🇪🇬 Private sector contributes to Egypt’s GDP by 70%
Egypt's private sector has emerged as the undisputed engine of the nation's economy, accounting for 70% of GDP while employing approximately 80% of th...
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🇿🇦 NEWSFLASH: Ramaphosa picks 'steady hand' Ngobani Johnstone
President Cyril Ramaphosa's appointment of Ngobani Johnstone Makhubu as the new Commissioner of the South African Revenue Service (SARS) represents a ...
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🇳🇬 Nigeria money supply falls to N123.15 trillion in February
Nigeria's monetary aggregates painted a sobering picture in February 2026, with broad money supply (M3) contracting to N123.15 trillion from N123.36 t...
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🌍 DRC launches first census in 40 years with $30M UNFPA
The Democratic Republic of Congo has embarked on an ambitious demographic undertaking: its first national census since 1984. Backed by $30 million in ...
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🇰🇪 Payslips blow as Mbadi holds back tax cut plan
Kenya's Treasury Cabinet Secretary John Mbadi has elected to postpone plans for a personal income tax (PIT) reduction, a decision that marks a critica...
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