DRC central bank lowers main interest rate by 750 basis points
The Democratic Republic of Congo’s central bank has lowered its main interest rate by 750 basis points to 17.5% on Tuesday.
7 Oct, 2025
Nigeria boosts oil output, drilling activity as reforms attract investment
Nigeria has boosted daily crude oil output to between 1.7 million and 1.83 million barrels and the number of active drilling rigs from 31 in January to 50 by July.
2 Oct, 2025
South Africa’s new vehicle sales on track to surpass pre-pandemic levels in 2025
South Africa’s domestic new vehicle sales are on track to exceed pre-pandemic levels for the first time in five years, driven by consumer demand for affordable cars.
2 Oct, 2025
France’s Orano says 1,500 tonnes of uranium stockpiled at Niger site
French nuclear group Orano has said 1,500 metric tonnes of uranium are stockpiled at its expropriated SOMAIR mine in northern Niger.
1 Oct, 2025
Nigeria oil workers continue strike in protest against job cuts at Dangote refinery
Mogadishu Port: How Türkiye’s company modernised Somalia’s trade gateway
Botswana economy contracts after diamond sector shortfall
Nigeria central bank announces first rate cut since COVID-19
Nigeria’s economy posts fastest growth in four years
17 Sep, 2025
A seismic shift: What comes with AI will not be business as usual
The rapid growth of artificial intelligence will lead to far-reaching socio-economic upheavals. And the first wave has already hit humanity.
17 Sep, 2025
Trump’s tariffs: African manufacturers in bid to extend Agoa trade pact
Delegations from Kenya and other AGOA beneficiaries visited Washington to push for extension of a duty-free programme due to expire at the end of September.
12 Sep, 2025
South Africa mulls ‘punitive’ action on municipalities over mounting water debt
South Africa has long had challenges with water distribution, mainly due to old or damaged infrastructure.
12 Sep, 2025
Namibia to boost sulphuric acid production as critical mineral output rises
Namibia is set to increase its sulphuric acid production in response to rising critical mineral output, several mineral companies said on Thursday.
11 Sep, 2025
Ghana’s public debt expected to fall to 60% of GDP from 82% in 2022
Ghana’s macroeconomic situation is improving, with growth outperforming expectations and authorities making headway on debt, the IMF said on Thursday.
11 Sep, 2025
Uganda raises growth expectations over five years boosted by oil
Uganda expects to start crude oil production around mid-2026 and will prioritise investments in oil and gas, transport infrastructure, electricity and industrial parks.
5 Sep, 2025
Dangote refinery petrol unit repairs to last up to three months: Reuters
The petrol unit at Nigeria’s 650,000 barrel-per-day Dangote refinery may be shut for 2-3 months for repairs, Reuters news agency reports.
1 Sep, 2025
Mauritania’s Tah takes over as African Development Bank chief
Tah was elected in May to succeed Nigeria’s Akinwumi Adesina as head of the AfDB.
26 Aug, 2025
NVIDIA unveils new robot chip for a Terminator-style future
NVIDIA is betting big that the T5000 will be the chip that ushers in the age of “physical AI”, where machines interact with the world the way humans do.
22 Aug, 2025
Botswana central bank holds main interest rate at 1.90%
Botswana’s central bank kept its monetary policy rate unchanged at 1.90% on Thursday, marking the sixth consecutive monetary policy meeting with no changes to the lending rate.
