African Economy
Uganda Central Bank Calls Emergency Meeting as Shilling Weakens
Uganda’s central bank has scheduled an emergency Monetary Policy Committee meeting for Wednesday as the country’s currency continues to weaken against the US...
Elombi Calls for Stronger African Financial Independence
The President and Chairman of the Board of Directors of Afreximbank, Dr George Elombi, has urged African countries to strengthen their financial institutions...
Kenya’s Inflation Climbs to 6.8% in September, Highest in Over Two Years
Kenya’s annual inflation rate rose to 6.8 per cent in September 2026, marking its third consecutive monthly increase and the highest level since...
Barrick Mining Reaches Agreement with Mali Gold Unions, Averting Planned Strike
Canada-based Barrick Mining has reached an agreement with unions representing workers at its Loulo-Gounkoto gold mining operation in western Mali, averting a planned...
Africa Must Prioritise Women, Farmers, SMEs in Climate Financing, Experts Say
Africa’s ability to withstand the growing economic impact of climate change will depend on how effectively financial institutions prioritise women, smallholder farmers and...
Mintage Africa Launches Pan-African Ecosystem to Expand Access to Information, Mentorship and Investment
Mintage Africa has launched a Pan-African ecosystem designed to address major gaps in information, mentorship and investment opportunities across the continent. The initiative...
Afreximbank Profit Rises 30% to $535 Million as Lending Expands
By Benson Daniel The African Export Import Bank recorded a 30 per cent increase in profit to $535 million in the first half...
IMF to Resume Talks With Senegal on New Lending Programme
The International Monetary Fund (IMF) said on Monday that its staff will visit Senegal from August 19 to September 1 to continue discussions...
