In a significant move to combat food shortages in the region, Tanzania has agreed to supply 650,000 tons of corn to neighboring Zambia. The agreement signed...
Emerging-market currencies surged on the final trading day of the year’s first half, a period otherwise marked by unexpected election outcomes and persistent uncertainty over the...
President Bola Tinubu has issued an executive order exempting pharmaceutical inputs from import taxes. This strategic decision is part of a broader effort to enhance the...
Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has described Nigeria as a poor country with the potential to be...
Professional services firm PwC Nigeria has projected that the country’s inflation rate will reach approximately 29.5% by the end of the year. This forecast is significantly...
South Africa’s inflation rate remained unchanged in May, increasing the likelihood that the central bank will maintain current borrowing costs. According to a statement released by...
Ghana’s economy showed impressive growth in the first quarter of 2024 with the Gross Domestic Product (GDP) expanding by 4.7% compared to the same period last...
The World Bank has pledged over $15 billion in technical advisory and financial support to help the country achieve sustainable economic prosperity. This commitment, announced in...
Nigeria’s food inflation rate surged to 40.66% on a year-on-year basis in May 2024, a significant increase from 24.82% recorded in May 2023. The latest figures...
The National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation rate rose to 33.95% in May 2024, a slight increase from the 33.69% recorded...
