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Ruto takes Africa’s economic reform agenda to G7 Summit as continent seeks greater global influence

Global Affairs

Gold firms as U.S.-Iran deal eases rate-hike fears ahead of fed meeting

Business

Foreign visitors drive Cape Town tourism growth as sector generates US$1.5bn, domestic spending falls

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Nigeria oil output hits 11-month high, surpasses OPEC quota

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Ethiopia’s inflation rises to 13.4% as food prices accelerate

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Angola’s Sonangol secures US$2.65bn financing deal to support operations and investment

Angola’s state-owned oil company Sonangol has secured a US$2.65 billion financing package from…

Economy

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Africa

Agenz lands US$5m to drive real estate innovation in Morocco

Agenz, a Moroccan proptech company specializing in real estate data and transaction digitalization, announces a…

Taxes
Economy

Kenya businesses raise alarm over proposed 60% tax on unexplained retained earnings

News

Ruto takes Africa’s economic reform agenda to G7 Summit as continent seeks greater global influence

Angola, China seek new phase of cooperation focused on technology and green energy

EU commits US$12.4m to strengthen Tanzania’s blue economy

Libya, Morocco sign deal to boost exports and investment cooperation

EU investment strengthens Tanzania’s agricultural exports through modern plant health systems

India’s soybean imports hit record high as African supplies meet rising demand

Electricity Nigeria grid

EU backs Egypt’s electricity grid upgrade with US$800.6m clean energy investment

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Taxes
Economy

Kenya businesses raise alarm over proposed 60% tax on unexplained retained earnings

Economy

Uganda targets double-digit growth as Shs84.4tn (US$22bn) budget focuses on oil, infrastructure and jobs

Economy

Senegal’s Sonko softens stance on debt restructuring as IMF talks resume

Economy

Rwanda’s agriculture ambitions face scrutiny as budget raises questions over scale and impact

Soweto

50 years after Soweto: Steven Odarteifio addresses South Africa

My brothers and sisters of South Africa, today, June 16, 2026, marks exactly…

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First group of Nigerians leaves South Africa amid anti-migrant tensions
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First group of Nigerians leaves South Africa amid anti-migrant tensions

Empty seats at World Cup match fuel debate over ticket prices
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Empty seats at World Cup match fuel debate over ticket prices

Uganda Airlines signs deal to acquire 10 Boeing aircraft in fleet expansion push
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Uganda Airlines signs deal to acquire 10 Boeing aircraft in fleet expansion push

US pledges additional US$20 million to bolster Ebola response in Africa
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US pledges additional US$20 million to bolster Ebola response in Africa

South Africa secures US$3.2bn concessional funding for 2026 forex needs
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South Africa secures US$3.2bn concessional funding for 2026 forex needs

Ethiopia plans higher spending as Iran war drives up costs
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Ethiopia plans higher spending as Iran war drives up costs

East African budgets face pressure from fuel costs and debt burdens
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East African budgets face pressure from fuel costs and debt burdens

IMF urges Nigeria to maintain tight policies as poverty, inflation risks persist
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IMF urges Nigeria to maintain tight policies as poverty, inflation risks persist

Ghana's Sentuo refinery receives 1 million barrels of Jubilee crude for local processing
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Ghana's Sentuo refinery receives 1 million barrels of Jubilee crude for local processing

Nigeria equities rally pushes market value to US$115.3bn amid banking surge
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Nigeria equities rally pushes market value to US$115.3bn amid banking surge

South Africa records US$1.55bn agricultural trade surplus in Q1 2026
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South Africa records US$1.55bn agricultural trade surplus in Q1 2026

Ghana’s economy grows 6.4% in Q1 2026 as services sector leads expansion
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Ghana’s economy grows 6.4% in Q1 2026 as services sector leads expansion

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