4 Aug, 2025

Nigeria’s oil production tops 1.8 million barrels per day in July

Nigeria’s oil production surpassed 1.8 million barrels per day (bpd) in July 2025, with current average output at 1.78 million bpd, officials said on Monday.

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4 Aug, 2025

Ghana gives satellite TV service provider MultiChoice ultimatum to review charges

MultiChoice, which operates pay-TV services DSTV and GOTV has faced legal and regulatory hurdles in the past years from some countries.

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1 Aug, 2025

Mali’s economy to grow despite foreign aid cuts, says IMF

IMF mission to Bamako noted its economy “has shown some resilience despite significant headwinds.

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1 Aug, 2025

Kenya expresses concern over Tanzania’s ban on foreigners operating small businesses

Tanzania says the policy is aimed at boosting jobs and income for its citizens.

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31 Jul, 2025

Somalia makes national ID cards mandatory for banking transactions

The move is meant to combat financial crime and restore public trust in financial institutions, the central bank said.

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30 Jul, 2025

Ghana cuts benchmark interest rate by 3% as inflation eases

Ghana’s central bank has cut its benchmark interest rate by 3% on the back of easing inflationary pressures.

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28 Jul, 2025

Ghana cancels $1.2 billion bauxite deal, eyes global partnership

Ghana has cancelled a $1.2 billion bauxite lease with local firm Rocksure International, seeking a partnership, instead, with a big overseas company.

2025 07 04t173025z 1 lynxmpel630sj rtroptp 3 china economy main

26 Jul, 2025

IMF unlocks $184m loan for Zambia recovery after severe drought

The copper-rich Southern African country is recovering from a severe regional drought, which curbed economic growth.

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22 Jul, 2025

Nigeria’s central bank pledges to keep policy tight

Nigeria’s central bank kept its monetary policy rate at 27.50% for the third consecutive time this year, pledging to maintain its current stance.

2025 07 22t141258z 1593331456 rc2prfavtw2w rtrmadp 3 nigeria economy rates main

22 Jul, 2025

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.

2025 07 07t144225z 1 lynxmpel660mm rtroptp 3 egypt economy main
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