Economy

By Emmanuel Nduka Afreximbank has announced an ambitious plan to enhance the competitiveness of African airlines by leasing 25 aircraft through its subsidiary. This move, disclosed recently by Helen Brume, the bank's project and asset-based Finance...

By Emmanuel Nduka Senegal's Minister of Industry and Commerce Serigne Gueye Diop has announced that the country has built two new plants that will utilize locally grown sugarcane to produce sugar domestically, reducing reliance on imports....

Africa’s two leading oil producers, Nigeria and Angola, are set to drive the continent’s crude output to 3.39 million barrels per day (bpd) by 2025. This increase forms part of a broader push to enhance production...

By Ebi Kesiena Morocco's tax amnesty scheme, which concluded at the end of 2024, has successfully legalised approximately 127 billion dirhams (€12 billion), surpassing the government's initial projections. This was announced by the Minister Delegate to...

By Emmanuel Nduka Nigeria has attracted $7.6 billion in investment interests at the Africa Investment Forum 2024, held in Rabat, Morocco, from December 4 to 6. The milestone was shared by Dr. Akinwumi Adesina, President of...

Economic growth in Sub-Saharan Africa is anticipated to rebound, reaching an average of 4.2% in 2025, up from an estimated 3.8% in 2024, according to Moody’s Ratings. Key drivers of this improvement include a surge in...