Business & Economy

Africa’s Trapped Capital: $2 Trillion Sits Idle As the Continent Crumble

Africa's trapped capital now exceeds $2 trillion, but little of it is funding infrastructure. This deep dive reveals why the continent’s wealth remains idle.

Nigeria’s “Silent Debt Crisis”: Borrowing Costs Surge 91% as Global Finance Reverses

Nigeria borrowing costs have risen by 91% since 2020, highlighting a deepening debt crisis driven by global financial shifts, reduced capital inflows, and mounting fiscal pressure.

AU-UNESCO Talks Signal Shift from Policy to Delivery on Africa Urban Development

AU–UNESCO discussions in Paris signal a move from policy to execution under the Nairobi Declaration, with a new focus on skills, governance and Africa urban development.

Sub-Saharan Africa Economic Growth Holds at 4.1% as Risks Mount – World Bank

Sub-Saharan Africa economic growth remains at 4.1% in 2026, but rising debt, inflation and global risks threaten recovery, warns World Bank report.

Afreximbank Unleashes $10bn Crisis Fund as Middle East Shock Hits Africa

Afreximbank has activated a $10bn crisis fund to shield African economies from the ripple effects of the Iran war, as rising fuel costs, trade disruptions and currency pressures intensify across the continent.

Ethiopia WTO membership: Reform breakthrough or high-stakes gamble?

Ethiopia is moving closer to WTO membership in 2026, marking a major shift in its economic model. While the reforms could attract investment and boost trade, concerns remain about local industries and institutional readiness.

Abidjan-Lagos Corridor Nears Construction as EU, West Africa Seal Financing Push

The Abidjan–Lagos corridor is moving toward construction following the West Africa–EU forum in Abidjan, where financing strategies and investment frameworks were finalised.

Nigeria Remittance Policy Begins to Shift Who Actually Controls Dollar Inflows

Nigeria’s evolving remittance policy is quietly changing how foreign currency enters the country, reshaping access, control and financial flexibility.

Nigeria China Poultry Partnership Targets Food Prices With 900 Million Dollar Investment

Nigeria China poultry partnership will invest 900 million dollars to produce 6 million eggs daily, targeting rising protein prices and strengthening food supply.

Senegal Revokes 71 Mining Licences in Aggressive Resource Nationalism Push

Senegal has revoked 71 mining licences following a government audit targeting inactive and non-compliant operators, marking a major shift in how the country manages its extractive sector.

A Golden Opportunity? Understanding Ghana’s Gold Royalty Regime

Ghana is considering reforms to its gold royalty system by introducing a sliding scale tied to global gold prices. The proposed changes to Ghana’s gold royalty regime aim to increase government revenue during commodity booms while balancing investment concerns in Africa’s leading gold producing economy.

The “Eco” Awakening: Is West Africa Truly Ready for a Single Currency?

Central Bank governors in Monrovia have confirmed a major breakthrough: 10 out of 12 ECOWAS member states have now met the primary criteria for the "Eco" common currency. As the 2027 launch goal approaches, we examine whether West Africa’s economic giants, Nigeria and Ghana are stable enough to anchor a unified monetary system or if the region is embarking on a high-stakes gamble.

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