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%.
15 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.
14 Jul, 2025
Chatbot Grok sparks debate over reliability after spreading vulgarity, hate, disinformation
Nigeria imports dairy cattle from Denmark to address milk shortage
Botswana to slash 2025 economic growth projection to ‘almost 0%’
More rains in Côte d’Ivoire boost cocoa outlook
Sidi Ould Tah: Who is the new African Development Bank boss?
29 May, 2025
African Development Bank to launch carbon credits support facility
The African Development Bank will launch a carbon markets support facility for the continent, senior bank officials said on Thursday.
29 May, 2025
South African central bank cuts key rate with inflation well-contained
South Africa’s central bank has cut its main interest rate by 25 basis points to 7.25% after inflation came in below its target range for a second consecutive month.
29 May, 2025
Afreximbank tells investors Ghana ‘up to date’ on loans
Afreximbank has signalled that Ghana has kept up loan repayments to it.
29 May, 2025
Ghana’s cedi to strengthen further next week
Ghana’s cedi is forecasted to gain strength in the coming week, bolstered by continued remittance inflows and interventions from the central bank.
27 May, 2025
AfDB cuts Africa’s 2025 growth forecast on trade tariffs uncertainty
Africa’s economic output is expected to grow by 3.9% this year, the African Development Bank said in its annual African Economic Outlook report on Tuesday.
27 May, 2025
South Africa denies changing black empowerment policy for Musk’s Starlink
Communications Minister Solly Malatsi denies making “special dispensation for Starlink or any other company or an individual”.
26 May, 2025
Ghana likely to miss cocoa output target in 2024/25 season
Ghana’s cocoa industry, hit by unfavourable weather conditions and increased smuggling, is likely to miss its output target of 650,000 metric tonnes of this season.
26 May, 2025
South Africa proposes buying of natural gas from US in efforts to mend relations
South Africa has offered to buy liquefied natural gas from the United States over a 10-year period as part of proposals to secure a trade deal.
26 May, 2025
AfDB election 2025: Meet the five candidates vying for Africa’s top banking job
Five candidates from South Africa, Senegal, Zambia, Chad and Mauritania, are vying to replace outgoing President Akinwumi Adesina.
25 May, 2025
Elon Musk to be ‘super focused’ on businesses after X outage
After the X outage on Saturday, Musk suggested that he may have been away from his companies for too long.
