Africa’s commodity-dependent nations are facing economic headwinds, with the IMF calling for urgent reforms to boost growth and reduce reliance on volatile commodity markets.
IMF warns of slow growth for Africa’s commodity economies Read More »
South Sudan will soon resume pumping crude oil for export through Sudan after repairs to a key pipeline damaged during the ongoing conflict.
Sudan-South Sudan pipeline back online, exports to resume Read More »
Election-related tensions and rising debt levels have contributed to the decline in Mozambique’s eurobond, as investors seek safer investments.
Mozambique’s dollar bond falls amid election tensions Read More »
Egypt’s sovereign dollar bonds declined after Saudi Crown Prince Mohammed bin Salman’s visit failed to materialize into concrete investment commitments.
Egypt bonds dip after Saudi visit falls short Read More »
Mali’s economy has been struggling due to various factors, including coups and regional sanctions.
Mali to pay off $332 million internal debt Read More »
Egypt’s fuel prices have risen again, adding to the financial strain on Egyptians already grappling with high inflation and economic challenges.
Egypt raises fuel prices, fueling inflation worries Read More »
South Africa’s central bank governor argues for a lower inflation target, citing studies that show minimal negative impact on economic growth.
South Africa central bank eyes lower inflation target Read More »
Hundreds of Ghanaians protested against illegal gold mining, known as galamsey, in Accra, calling for government action to address the harmful practice.
Hundreds march against illegal gold mining in Ghana Read More »
New measures include military deployment, special courts, and legal action against those involved.
Ghana intensifies crackdown on illegal mining Read More »
Egypt’s government is seeking to reduce its reliance on wheat imports by introducing corn and sorghum flour into bread production.
Egypt aims to cut wheat imports by one million tons Read More »
