Most Recent World News

Will ECOWAS Meet Its 2027 Currency Launch Goal?

In an age of economic blocs and regional integration, currency unions have emerged as powerful instruments to deepen trade, stability and global influence. The European Union’s euro, despite periodic crises,.

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Inside China’s Largest BRI Project in Nigeria: Ogidigben Gas Industrial Park

Nigeria has emerged as the single largest beneficiary of China’s Belt and Road Initiative in 2025, following an estimated US$24.6 billion construction commitment tied to the Ogidigben Gas Revolution Industrial.

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IMF Raises 2026 Growth Forecast for Nigeria and South Africa

In its January 2026 World Economic Outlook Update, the International Monetary Fund (IMF) presents a global economy showing surface-level steadiness, underpinned by a complex balancing act of divergent forces. While.

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Analysing Africa’s Upstream Capital Flow and Hub Strategy

Africa’s upstream sector is entering a more disciplined, selective phase one where capital is no longer chasing breadth, but certainty. Global energy companies, constrained by shareholder pressure, energy-transition mandates, and.

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Egypt Strengthens Economic Compass with €1 Billion EU Support

Egypt has received a €1.16 billion tranche from the European Union, marking a decisive step in securing economic stability amidst a challenging regional landscape. This support forms part of a.

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Does Shanghai Cooperation Organisation Matter for Growth Diversification in Zambia?

The launch of the China–SCO Economic and Trade Exchange Centre and the Guangdong and Macao Development Platform in Guangzhou marks a shift in how Zambia intends to engage with China:.

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Djibouti’s Economic Outlook After IMF Review: Ports, Growth and Regional Risks

Djibouti’s economy continues to chart a path of steady expansion amid persistent regional and fiscal challenges. According to the latest International Monetary Fund (IMF) staff mission concluded in January 2026,.

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Nigeria Unveils National Carbon Market Framework

Nigeria has officially launched its National Carbon Market Framework (NCMF), marking a significant milestone in the country’s climate strategy and economic diversification agenda. Expected to generate between $2.5 billion and.

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Bilboes Mine to Double Zimbabwe’s Top Gold Output with 200,000 Oz

Zimbabwe is entering a potentially transformative moment as Caledonia Mining Corporation is to spend $132 million in 2026 to kick-start development of the Bilboes Gold Project. It indicates a deeper.

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The Revival of Benin’s Sèmè Field: Economic Impact and Strategy

Benin is on the brink of something it has not experienced since the late 1990s: the return of crude oil production. This is not a dramatic rebranding of Benin as.

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