Sunday, August 25, 2019
As Nigeria celebrates Democracy Day on May 29, the presidency has reeled out what the Muhammadu Buhari administration has achieved in the last three years it has been in power. Mr Buhari was elected into office under the platform of...
The global economy will confront serious challenges in the months and years ahead, and looming in the background is a mountain of debt that makes markets nervous – and that thus increases the system's vulnerability to destabilizing shocks. Yet...
Nigeria plans to issue identity numbers to 70 million citizens by the end of next year, a first step to bringing them into the country’s payments system. The West African nation, which currently holds centralized data for less than 15...
INFRASTRUCTURE Development Bank of Zimbabwe (IDBZ) chief economist Khutula Sibanda says Zimbabwe needs around $5 billion annually for trade and finance in the retooling of the industrial sector and infrastructure development. BY SILAS NKALA Sibanda made the remarks yesterday during a...
Demand for Ghana’s $2 billion of Eurobonds exceeded supply four times as the West African country convinced investors about its economic turnaround story, the Ministry of Finance said. Ghana got more than $8 billion of bids after marketing the debt...
Cape Town, South Africa, One & Only Hotel; 3 September 2019: Africa investor (Ai), a leading international investment and communications group, today announced the highly-anticipated release of the shortlisted candidates for the 2019 Ai Infrastructure Investment Awards. The Awards...
The risk of a reversal in the inflation drop that has characterised many of the biggest African economies in the last year, will likely mean a freeze on borrowing costs. Rate decisions across Africa in the next two weeks are...
Ethiopian officials, who have earmarked some 11.5 million hectares (28.5 million acres) of land for overseas firms to invest in agriculture, say Karuturi failed to make adequate progress on the land. Activists say neither side addresses the more critical issue...
Sub-Saharan Africa’s economic recovery will progress slowly into next year, as the continent’s biggest drivers struggle to move into higher gear despite a healthier global economy, a Reuters poll found on Friday. A dairy worker helps to process youghurt milk...
The African Continental Free Trade Area's (AfCFTA) potential as a tool for driving industrialisation, economic diversification and development was highlighted at the start of the UN Economic Commission for Africa's (ECA) Conference of Ministers in Addis Ababa. The four-day event...
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