African governments across South Africa, Ghana, Malawi, and other nations raised fuel prices sharply as the Iran war drives global oil costs higher.
Africa hikes fuel prices as Iran war drives global oil higher Read More »
Gold markets in Sudan rebounded as prices reached a new local high, boosting sentiment while investors sought safe assets amid inflation, currency instability and global uncertainty.
Sudan gold markets rebound as prices reach new local high Read More »
Sudan’s currency has plunged to a record black market low as war, inflation, and foreign exchange shortages cripple its economy and inflate import costs.
Sudan’s currency collapses as war deepens economic crisis Read More »
With inflation easing further South Africa’s Reserve Bank reduced its key interest rate by 25 basis points.
South African central bank trims rate as inflation stays subdued Read More »
AfDB President Akinwumi Adesina warns that US tariffs will weaken African economies and increase inflation and debt servicing costs.
AfDB warns of tariff ‘shock wave’ for African economies Read More »
US stocks plunged as investors worried about new tariffs and inflation data showing rising prices adding pressure to Wall Street and economic growth.
Wall Street tumbles as investors brace for new US tariffs Read More »
Ethiopia reached an $8.4 billion debt restructuring agreement under the G20 framework, easing financial pressure as it works toward economic recovery.
Ethiopia reaches agreement to restructure $8.4 billion in debt Read More »
The IMF has approved a $1.2 billion disbursement for Egypt after completing its latest economic review.
IMF completes fourth review and releases $1.2 billion to Egypt Read More »
Nigeria’s annual inflation rate dropped significantly to 24.48% in January after the country’s statistical agency rebased the Consumer Price Index for the first time in over a decade.
Nigeria’s inflation rate falls sharply following rebase Read More »
White House officials confirm a tariff policy shift, targeting countries with significant trade imbalances with the US, a move expected to fuel trade disputes and potential inflation concerns.
Trump defends new tariffs, warns allies on trade fairness Read More »
