South Africa's economy contracted in June, official figures released Wednesday confirmed, marking the sharpest monthly pullback in economic activity recorded this year and raising fresh concerns ab…
African nations are capitalising on the escalating tensions between the United States and Iran, transforming decades of being overlooked into newfound bargaining power. Governments from Nairobi to …
African cryptocurrency companies are rapidly expanding into lending services, attracted by high demand for credit and the ability to earn returns far exceeding traditional banking products. The shi…
South Africa's private sector posted a recovery in June, according to the latest purchasing managers' index data released this week. The reading climbed above the 50-point threshold that separates …
Pretoria has delivered a blunt message to Lagos: Nigeria cannot expect a single rand from South Africa's government coffers. Senior officials confirmed the position on Tuesday, ending weeks of spec…
Global crude oil prices have collapsed to levels last seen before Russia's full-scale invasion of Ukraine in 2022. Yet Nigerian consumers continue paying above N1,000 per litre at the pump, leaving…
The Islamic Corporation for the Insurance of Investment and Development Credit and Export Credit, known as ICIEC, has committed $626 million in financing for Nigeria's Lagos-Calabar Coastal Highway…
Barbados Prime Minister Mia Mottley arrived in Accra on Thursday with a clear message: the Caribbean will not wait indefinitely for Europe to address its role in the transatlantic slave trade. She …
The International Monetary Fund has approved a $211 million funding package for Sierra Leone, delivering a financial lifeline to a West African nation grappling with mounting debt pressures and a c…
Delegations from across the continent gathered in Mombasa this week for a high-level meeting on Africa's blue economy, with officials warning that years of pledges on ocean conservation must transl…
South Africa's Real Estate Investment Trust market posted measurable gains in the most recent quarter, according to industry data released this week, even as geopolitical tensions and monetary poli…
Children across Africa are bearing the cost of the Middle East war as food supplies tighten and human…