Ghana introduces fuel subsidy to ease rising consumer costs
Ghana government absorbs part of fuel costs to protect consumers and support economic recovery during global oil price surge.
IFC and Citi sign 1.6 billion rand facility in South Africa
World Bank IFC and Citi launch new funding facility to help companies manage currency mismatch risks in South Africa.
Germany says Iran war hits Africa harder than Europe
Africa faces stronger economic shocks than Europe from the Iran conflict, with warnings of looming hunger and inflation pressures.
Algeria grants BP prospecting authorisation in eastern basin
Algeria has granted BP a prospecting authorisation in its eastern basin, aiming to boost exploration and attract investment opportunities further.
IMF cuts Senegal growth forecast as debt burden weighs economy
Senegal economic outlook downgraded as IMF cites growing debt burden and larger current account deficit projections in latest report.
Oil prices jump to $100 as US plans Iran port blockade
Global markets face uncertainty as oil prices rise amid US blockade and Iranian threats.
Turkey deepens cooperation with Senegal across sectors
Senegal and Turkey strengthen ties with focus on education, health, agriculture and women’s economic participation.
Iran war dampens Easter in Ethiopia as prices rise
Fuel scarcity and high transport costs in Ethiopia disrupt Easter travel and raise food prices across communities.
Trump says oil will flow globally despite Iran stance
Trump insists Iran will never obtain nuclear weapons and says oil markets will expand regardless of political tensions globally further.
Congo raises $1.25 billion in debut international bond sale
Congo secures $1.25B in debut bond sale as demand surges and market conditions improve
Nigeria enforces executive order to plug oil revenue leaks
Nigeria enforces an executive order requiring NNPC and agencies to deposit revenue directly to the government, eliminating deductions and boosting transparency and internal revenue collection.
Guinea-Bissau transporters strike as fuel price hikes bite
Drivers strike in Guinea-Bissau over fuel hikes and fare caps, disrupting transport nationwide
Ivory Coast farmers warn dry weather threatens mid-crop cocoa
Cocoa farmers in Ivory Coast report dry conditions and warn that more rain is needed to boost mid-season crop growth.
Dangote refinery ramps up exports to ease Africa fuel crunch
Dangote refinery ramps up exports as Africa faces fuel shortages linked to Iran war
Somalia begins first offshore oil drilling with Turkey’s help
Somalia has started its first offshore oil drilling with Turkey’s Cagri Bey, aiming to boost the economy and strengthen long-term regional energy partnerships.
Egypt hikes electricity prices for heavy-use homes and businesses
Global energy crisis linked to Gulf conflicts drives Egypt to raise electricity prices for residential and commercial sectors.
Africa sustains growth despite global headwinds
Africa’s growth spreads wider, but challenges remain for jobs and poverty
Morocco attracts 4.3 million tourists in first quarter of 2026
Morocco welcomed 4.3 million tourists in early 2026, boosted by improved connectivity, upgraded hotels, and diverse attractions, raising tourism revenue and international appeal.
Workers strike at Seplat threatens Nigeria output push
Seplat workers strike raises fears over Nigeria oil output
South Africa collects 2 trillion rand in taxes despite economic strains
South Africa’s tax revenue rises 8.4 percent as SARS improves efficiency and overcomes economic and global supply challenges.
South Africa cuts fuel levy as prices surge
Fuel levy cut offers relief, but petrol and diesel prices still rising
Afreximbank raises $2 billion in record syndicated loan
Afreximbank raised $2 billion in its largest syndicated loan ever, exceeding targets with 31 global lenders to refinance facilities and cover general expenditures.
Canada and Mercosur aim to finalize free-trade deal by end of 2026
Canada and Mercosur are advancing toward a free-trade agreement in 2026, aiming to diversify Canadian trade and strengthen South American market access.
Nigeria sees strong capital inflows as investors chase bond yields
Capital inflows into Nigeria rose nearly 90 percent in 2025, driven mainly by foreign portfolio investment seeking high yields, while long-term investment remained limited.
Nigerian government unveils digital platform to cut trade red tape at ports
Nigeria will launch its National Single Window, a digital trade platform to streamline imports and exports, reduce port costs, and boost foreign exchange.
Namibia deals Starlink second setback in southern Africa
Namibia rejected Starlink’s licence request to operate satellite internet, citing local ownership rules, marking the company’s second setback in southern Africa.
Kenya Airways demand surges as Iran war disrupts routes
Kenya Airways says flight demand has surged from 70% to near full capacity as the Iran war forces global airlines to reroute flights