In a decisive monetary policy move, the South African Reserve Bank (SARB) reduced its benchmark interest rate by 25 basis points to 6.75%. This adjustment marks the first policy decision.
Uganda is set to receive over US$2 billion in fresh concessional financing from the World Bank Group over the next three years, signalling the restoration of full financial support after.
Algeria’s national oil company, Sonatrach, recently announced a production-sharing agreement valued at approximately USD 5.4 billion with Saudi Arabia’s Midad Energy. The deal covers exploration and development in the Illizi.
South Africa has recorded a swing in foreign direct investment (FDI) outflows of $4.26 billion in the second quarter of 2025, according to the South African Reserve Bank (SARB). This.
When you think about the minimum wage, the concept seems simple: it’s the lowest pay a worker should legally earn to cover basic needs like food, shelter, and healthcare. But.
In Rabat, Morocco’s central bank, Bank Al-Maghrib, took a cautious yet deliberate step at its September 2025 meeting, opting to keep its benchmark interest rate unchanged at 2.25 percent. The.
Ghana’s central bank surprised markets in mid-September 2025 by cutting its policy rate by 350 basis points, the single largest reduction in recent memory taking the monetary policy rate to.
Namibia has taken a defining step in reshaping its educational landscape, making tertiary education at state institutions entirely free of tuition and registration fees from 2026. The reform builds on.
In today’s interconnected world, currencies are more than just units of exchange. They are strategic assets that shape trade flows, attract investment, and signal the health of entire economies. For.
As Africa steps more decisively into the clean-energy arena, an unseen veil gathers on the horizon. Import tariffs and waning green-energy incentives, spanning solar panels, batteries, and electric-vehicle components, risk.
