Egypt-Built Chad Highway to Boost African Trade, Strengthen Cairo-N’Djamena Cooperation
A major highway being built by an Egyptian contractor in eastern Chad is expected to transform trade and transport links between North and Central Africa, providing landlocked Chad with faster…
Business
IMF Completes Mozambique Visit, Cites Fiscal Slippages, Social Unrest Impact
An International Monetary Fund (IMF) team concluded a visit to Mozambique where it discussed policies underpinning the Fifth and Sixth…
Mali to Ease Mining Permit Suspension in 2025
Mali’s government has announced plans to partially lift its suspension on mining permits, which has been in effect since late…
Ghana Suspends Gold-for-Oil Program to Stabilize Currency
Ghana has suspended its gold-for-oil program as newly appointed central bank governor Johnson Asiama shifts focus toward stabilizing the cedi…
Angola to Join SADC Free Trade Zone, Boosting Regional Integration
Angola is set to become the 14th member of the Southern African Development Community (SADC) Free Trade Area (FTA), a…
French Prosecutors Drop DRC Case Against Apple Over Conflict Minerals – Report
French prosecutors have closed a case filed by the Democratic Republic of Congo (DRC) against Apple's European subsidiaries, dismissing allegations…
Kenya’s $10.1B Manual Withdrawals Raise Transparency Concerns – Budget Chief
Kenya’s government manually withdrew 1.3 trillion shillings ($10.1 billion) over seven months, bypassing the automated financial system meant to ensure…
Djibouti, Ethiopia, South Sudan & Uganda Sign Landmark Deal to Establish Regional Trade Corridor
Djibouti, Ethiopia, South Sudan, and Uganda have signed a memorandum of understanding (MoU) to establish the Djibouti-Ethiopia-South Sudan-Uganda (DESSU) Corridor…
Tinubu Vows Economic Stability as Nigeria Eases Cost-of-Living Crisis
Nigerian President Bola Tinubu said on Friday that his government’s economic reforms and fiscal discipline are steering the country away…
Malawi Cuts Growth Forecast to 3.2% as Protests Erupt, President Blames Opposition
Malawi has revised its economic growth forecast for 2025 downward to 3.2% from 4.0%, citing rising inflation, forex shortages, and…
Kenya Delays Drawing $1.5 Billion UAE Bond to Align with Fiscal Plans
Kenya has postponed tapping into a $1.5 billion privately placed bond from the United Arab Emirates (UAE), opting to ensure…
Zimbabwe Central Bank Dismisses Dollar Shortage as Businesses Urge Free Float of ZiG
Zimbabwe’s central bank dismissed concerns of a foreign currency shortage on Friday, insisting that US dollar reserves remain sufficient to…
Ethiopia Urges BRICS to Prioritize Development in Global Agenda
The BRICS Sherpa and Sous-Sherpa meetings concluded with a high-level session chaired by Brazilian President Luiz Inácio Lula da Silva,…
