Egypt’s current account deficit narrows to $13.2b in nine months
Egypt’s current account deficit narrowed to $13.2 billion in the nine months through March 2025, from $17.1 billion in the same period a year earlier.
22 Jul, 2025
US exports more crude to Nigeria than it imports for first time in history
The United States became a net exporter of crude oil to Nigeria in February and March 2025, marking the first time that the US exported more crude to the West African nation than it imported.
22 Jul, 2025
Zimbabwe’s export of minerals used in battery production surges 30%
Zimbabwe’s exports of spodumene concentrate, a lithium-bearing mineral essential for battery production, surged 30% in the first half of 2025, official data shows.
21 Jul, 2025
AfDB offers Morocco $116m loan to support sustainable agriculture
The African Development Bank (AfDB) has approved a loan worth $116.4 million to support sustainable farming, led by women and young people in Morocco.
21 Jul, 2025
Sudan restricts WhatsApp video, voice calling services for ‘national security’
Ghana central bank convenes emergency meeting on economy
Ugandan and Zambian currencies could gain in days ahead
Zimbabwe aims to break ground for $270m new lithium plant this year
South Africa’s Eskom targets mainly clean energy sources by 2040
16 Jul, 2025
Egypt confident of meeting preconditions for $8 billion external loan
Egypt’s Finance Minister Ahmed Kouchouk has said that he is confident Egypt is hitting targets set by a crisis lender over the country’s $8 billion loan programme.
16 Jul, 2025
Nigeria’s inflation falls for third month in June
Nigeria’s headline inflation rate fell for the third straight month in June, to 22.22% year-on-year from 22.97% in May, data from its statistics agency showed on Wednesday.
15 Jul, 2025
Egypt’s military-linked agency to oversee new exchange for commodity imports and exports
Egypt plans to launch a revamped national commodity exchange to oversee imports and exports of essential agricultural goods, the country’s presidency has said.
15 Jul, 2025
Morocco’s economic growth to slow to 4% in 2026, statistics agency says
Morocco’s economic growth is likely to slow down to 4% next year from 4.4% expected this year, the official statistics agency HCP said on Tuesday.
15 Jul, 2025
Senegal working on rebasing country’s GDP, finance ministry says
Senegal has begun recalculating its gross domestic product using an updated base year in a move that could result in an improvement in its debt metrics.
15 Jul, 2025
Ghana’s cocoa regulator warns of production drop amid heavy rains
Ghana’s cocoa regulator has said that increased disease incidence caused by prolonged rainfall and not enough sunlight could lead to moderate production decline.
15 Jul, 2025
Senegal’s credit rating downgraded by S&P over high debt
S&P said it now estimated that the government’s debt-to-GDP ratio finished last year at 118%.
14 Jul, 2025
South African car exports to US plunge by more than 70% as Trump tariffs bite
South African car exports to the US fell by over 70% in the first quarter of 2025, and tumbled even more in April and May after US President Donald Trump imposed trade tariffs on the African nation.
11 Jul, 2025
Chatbot Grok sparks debate over reliability after spreading vulgarity, hate, disinformation
Billionaire Elon Musk’s AI insults users on X, raising questions about data sources, blind trust.
2 Jun, 2025
Nigeria imports dairy cattle from Denmark to address milk shortage
Nigeria is importing dairy cattle from Denmark as it aims to double its milk output within five years.
