Economy

For now, inflation appears to be cooling. But how long that relief lasts will depend on how energy markets respond to geopolitical risks—and how much of those costs are passed on to Nigerian consumers, experts say.

Dangote Petroleum Refinery is set to commence nationwide distribution of petrol and diesel from August 15, 2025, a move to reshape Nigeria’s fuel supply chain.

Transnet signs three-year union deal amid renewed push to expand maritime operations and partner with OEMs to diversify and penetrate Africa’s logistics market

The World Bank’s latest growth forecast marks a sharp upgrade from its 2024 projection, which slashed Egypt’s expected growth to 2.4%, down from 3.8% previously predicted

South Africa’s manufacturing sector contracted sharply by 6.3%, the decline cuts across nearly all major industrial segments, driven by low demand and rising costs

This historic shift marks the key emergence of a new, regulated gold economy in Ghana – where small-scale miners are no longer secondary, but central to national growth

The sluggish growth comes despite a rebound in agricultural output, with the sector expanding by 15.8% during the quarter — a lift that ultimately helped the economy avoid slipping into contraction.

While inflation remains within target, underlying macroeconomic pressures, falling private sector credit, and soaring public debt, signal deeper economic threats

Ghana’s economy is gaining ground, with its dollar valuation rising to $135.1 billion – a surge fueled by soaring gold and cocoa exports and a strengthening cedi

Nigeria’s $21.6 billion external borrowing plan aims to address infrastructure gaps and pension arrears amid fiscal strain.

Nigeria’s Islamic debt instrument, known as the Sukuk bond, has attracted over N2.2 trillion as investors jumped on the 19.7% interest offer, the country’s debt office said on Wednesday.

With public debt at a record high of $88 billion, growth stalling and debt servicing swallowing nearly a third of government revenue, Kenya is currently walking on a fiscal tightrope.

The apex bank’s latest decision reflects cautious optimism about the country’s economic trajectory as food supply picks up easing inflationary pressures.

Ethiopia and the Netherlands are investing $50 million to improve agricultural exports through dry port and cold storage facilities.

Following the AGOA ban, Uganda leaned on targeted market surveys, better trade representation, and local reforms to break into new markets across Asia and Europe.

The CBN’s decision was influenced by a modest easing in inflation and improved macroeconomic indicators, including a narrower exchange rate gap and a better balance of payments position.