Latest Business News

Turkey lira drops 7%, signalling move towards free market

Turkey's lira plunged 7 per cent to a record low on Wednesday…

OECD projects Morocco’s economic growth to average 3.5% in 2023

Morocco's economy is poised for a recovery, with growth projected to reach…

Nigerian states reduce working week to three days

The move is to help them cope with increased petrol costs, following…

Labour costs will soon beat oil as mine’s biggest expense, new data indicate

Wages for some copper and gold mine employees in the southwest United…

Cameroon to construct railway to disputed iron ore project in August

Cameroon will begin construction in August of a railway line connecting its…

Ghana sends debt rework proposal to official creditors

Ghana has sent a debt restructuring proposal to its official creditors, two…

China’s population grew older and richer: policy lessons for some African countries

The country has achieved high levels of economic growth for four decades,…

Kenya economic growth to edge up this year, says World Bank

Kenya's economy is expected to grow at a slightly faster pace this…

Sahel and West Africa committed to invest in fertilizers for agri transformation

West African leaders have affirmed their commitment to accelerate investments and reforms…

Egypt to borrow only for ‘compelling’ projects

The Egyptian government will only take on new loans only for “compelling developmental projects”…