Nigeria: FG approves digital fish import licensing to boost local fish production
The Federal Government has approved the introduction of a digital system for fish import licensing to improve regulation and support
African Markets
South Africa increases minimum wage by 5% to ease cost-of-living pressures.
South Africa announced on Tuesday that it will increase the national minimum wage by 5% starting 1 March, raising the hourly rate to R30.23 ($1.89) from the previous R28.79 ($1.80).
Ghana’s inflation slows to 3.8%, lowest in nearly 27 years
Ghana’s disinflationary trend deepened in January 2026, with headline inflation easing to 3.8 percent, the lowest recorded in nearly 27
Nigeria pins Africa’s industrial growth and energy access on gas development
Nigeria is advancing its abundant natural gas resources as a key driver of Africa’s industrial development and energy transition, amid
$120 billion spent annually to hydrocarbon imports in Africa.
Africa’s reliance on imported petroleum products is draining resources needed for local capacity building and industrial growth, Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has said, stressing that retaining energy value within the continent could be economically transformative
Africa’s largest gold producer proposes a levy reduction to ease the transition to higher gold royalty rates.
Ghana’s finance minister has proposed trimming a mining levy by two percentage points in an effort to secure industry support
Why BoG by majority decision reduced policy rate to 15.5% [Full reasoning]
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) at its 128th meeting held in January reduced the
IEA Opposes Proposed Changes to Mining Royalties
The Institute of Economic Affairs (IEA) has rejected the government’s proposed sliding-scale mineral royalty framework, describing it as a continuation
House Republicans Take Steps to Reopen U.S. Government
House Speaker Mike Johnson said he is confident the three-day partial U.S. government shutdown is coming to an end. He has secured enough support for a procedural vote to reopen most federal agencies, despite Democrats refusing to assist and some resistance within his own party. Negotiations continue on funding for the Department of Homeland Security, including new immigration enforcement measures.
As of December 2025, Two Banks Remain Undercapitalized – BoG
The Bank of Ghana has confirmed that two banks UMB and Prudential Bank Ghana remained undercapitalised as of December 2025.