AfDB and European Stability Mechanism Sign Cooperation Pact, to Strengthen Institutional Collaboration
A new partnership between the African Development Bank Group (AfDB) and the European Stability Mechanism (ESM) is framed, beyond being...
Economy
Olam Agri Launches $50 Million Soybean Processing Plant in Kwara State, a Nigeria’s Drive to Industrialize Agriculture
Global agribusiness giant Olam Agri has opened a $50 million soybean crushing plant and feed mill in Ilorin, unveiling what...
African Development Fund Approves CFA 1.7 Billion to Strengthen Private Sector Competitiveness in WAEMU Nations
The project will also deliver targeted support, including training of trainers, to 80 small and medium-sized enterprises (SMEs) that are...
IMF Rates-Down Global Growth Forecast as Middle East Conflict Drives Energy Shock and Economic Uncertainty
The International Monetary Fund has trimmed its global growth forecast for 2026 to 3.1%, down from 3.3% projected just three...
Somalia’s Fragile Currency System and the Tussle to Sustain Daily Trade with Stitched-Banknotes
More than three decades after civil war dismantled Somalia’s central institutions, the country continues to operate under one of the...
Mozambique’s Industrialization as Counter-Measure Against Extremism in War-Torn Cabo Delgado Province
In the gas-rich but conflict-scarred province of Cabo Delgado, northern Mozambique, the government and its international partners are attempting a...
Africa’s Public Finances in Crisis, Governments Misplacement and Citizens Shoulder the Burden
As Africa entered 2026, the continent started facing an expanding public finance crisis that is reshaping daily life from household...
Mega Abidjan-Lagos Corridor Project Enters Operational Phase with Launch of Governing Board
Stretching 1,028 kilometres, the Abidjan-Lagos Corridor Highway is envisioned as a transformative regional infrastructure linking five West African economies and...
Ghana’s Railway Master Plan Promises Economic Reconnection to Major Cities
From cocoa farms in the hinterland to crowded urban markets, Ghana’s economy still moves largely on roads built for a...
IMF: Nigeria Emerges as One of the First Six Key Drivers of Global Growth in 2026
Nigeria is set to play an outsized role in the global economy in 2026, ranking sixth among the world’s largest...
