The airline is also navigating geopolitical tensions in the Middle East and Africa, impacting its flight routes and operations.

The inflation spike follows President Bola Tinubu’s decision to end a longstanding fuel subsidy and devalue the Naira twice

Niger, a key global uranium producer, has seen an increasingly uncertain environment for foreign enterprises following a military coup last year

Nigeria’s state oil company, NNPC, has successfully increased oil production to 1.8 million barrels per day, aiming to reach 2 million barrels per day by the end of the year.

Nigeria is set to raise $2.2 billion from international debt markets this year to fund ongoing economic reforms, after successfully issuing dollar bonds on its local market two months ago, according to the country’s finance minister. Wale Edun, who also serves as the economic coordinator, announced in Abuja on Thursday that the country intends to

African nations await clarity on AGOA’s future under Trump, fearing increased tariffs and lost profits.

Samuel Erwin, Teraco’s CFO, highlighted the increasing global focus on energy supply due to advancements in generative AI

Senegal’s fishing industry is facing a major setback after the European Union announced it will not renew its fishing agreement with the West African nation.

Egypt’s Prime Minister urges international support to achieve its 42% renewable energy target by 2030.

Heavy rains and floods have damaged cocoa plantations in Ivory Coast, prompting the Coffee and Cocoa Council to cut export contract sales.

The Central African Republic is lobbying the Kimberley Process to fully lift a decade-long diamond trade embargo.

Despite below-average rainfall, Ivory Coast’s cocoa farmers remain optimistic about the main crop.

The IMF is now scrutinizing the findings before deciding on the next steps for the program.  

Algerian officials have denied any such measures, but diplomats suggest they may be imminent.

Morocco’s recent wheat purchases from the EU offer relief to the struggling market, as Black Sea competition intensifies and EU production faces challenges.

Production reached 24.86 million barrels by mid-2024, contrasting sharply with the 13.2% decrease during the same period in 2023

Final investment decision for Senegal’s Yakaar-Teranga gas project expected in 2025 as Petrosen seeks new partners.

Ghana’s cocoa sector has seen significant improvements with a new funding model that has eliminated delays in payments to farmers and buyers.

The country’s lack of supporting infrastructure and skilled workforce is hindering the smooth transition to electric mobility.

The IMF’s review of Egypt’s loan program will examine the country’s economic performance, fiscal sustainability, and efforts to reduce reliance on fossil fuels.

De Beers, in an emailed response, affirmed its intention to maintain collaboration with Botswana’s government, aiming to support mutual goals as they always have

The new measures are expected to further burden citizens already struggling with economic hardships.  

Under this voluntary disclosure scheme, individuals declaring “legitimate” foreign currency holdings and investing them in Nigeria’s financial system will be exempt from paying tax on interest earned

Algeria’s state grains agency, OAIC, purchased at least 480,000 metric tons of milling wheat in a recent international tender, primarily from the Black Sea region.