South Africa’s inflation rate fell to a three-year low in July, but the country’s economy continues to struggle with high unemployment and poverty.

Ghana’s cocoa regulator, Cocobod, will not raise a syndicated loan for the first time in over three decades, opting for self-financing to avoid high interest rates.

The partnership between Qatar Airways and Airlink will provide travelers with more options and better connectivity across Africa.

Ghana, known as the world’s second-largest cocoa producer, entered the oil industry in 2010

Egypt’s government has announced a substantial increase in electricity prices, affecting millions of households.

Kenyan taxi drivers are defying ride-hailing companies like Uber and Bolt by setting their own higher fares due to unsustainable prices and rising living costs.

Ethiopia is grappling with a severe debt crisis, seeking relief through restructuring.

South Sudan has imposed mandatory cargo sealing despite a court challenge from traders.

SADC heads of state gather in Zimbabwe for the 44th summit to address economic challenges and regional security threats, with Zimbabwe taking over the bloc’s chairmanship.

Nigeria and Equatorial Guinea signed a significant agreement on the Gulf of Guinea pipeline project, which covers regulatory measures, gas transit.

Ethiopia’s government faces criticism from bondholders over its proposed 20% reduction in the principal of its $1 billion bond.

Somali President Hassan Sheikh Mohamud visited Egypt to sign a defense pact aimed at combating terrorism.

Botswana plans to double its stake in Belgian diamond dealer HB Antwerp without additional investment due to the diamond market downturn.

The union cites concerns about job losses and non-Kenyan workers, potentially disrupting East African travel.

The floating exchange rate policy in Ethiopia has led to erased menu prices in Addis Ababa, as businesses struggle with inflation and currency devaluation.

A senior Petronas official, who requested anonymity, cited several reasons for the withdrawal, including ongoing conflict in Sudan

The airport will have a capacity of 100 million passengers annually and is expected to be completed in 2029.

Nigeria’s recent protests against inflation and economic hardships have led to significant business losses and economic downturn.

Ghana’s Vice President, Mahamudu Bawumia, has hailed the opening of the country’s first gold refinery as a new era for the gold industry.

Ethiopia is undergoing a financial transformation as the central bank starts licensing independent foreign exchange bureaus.

Most of Egypt’s wheat comes from Russia, which supplied nearly 70% of its wheat imports in 2023

As part of efforts to manage high inflation and foreign currency shortages, Ethiopia’s central bank held an auction, setting the exchange rate at 107.9 birr per U.S. dollar with participation from 27 banks.

Nigeria’s crude output has surged due to the navy’s efforts to curb oil theft by increasing surveillance, enforcing security, and blocking channels for selling illegally refined products.

Kenya’s Mobius Motors, known for its affordable SUVs, has ceased operations due to financial difficulties, primarily caused by tax hikes.