$70bn Infrastructure Push in South Africa Backed by Credit Guarantees to Lure Private Funds
South Africa intends to quickly scale up a newly established credit-guarantee fund aimed at attracting billions of dollars in private […]
Economy
Tema Oil Refinery plans capacity boost to 45,000 barrels per day
The Tema Oil Refinery (TOR) is preparing to increase its production capacity as part of renewed efforts to strengthen operations
Dangote Pledges to Focus on Nigeria’s Local Fuel Market
Nigeria’s Dangote refinery announced on Monday that it intends to give priority to the local fuel market in an effort
BoG’s GH₵17bn stabilization effort drives inflation down to 3.3% – Asiama
The Bank of Ghana’s GH₵17 billion stabilization effort in 2025 played a key role in delivering one of the sharpest
South Africa moves to restructure sovereign assets with $9.2bn property plan
Plans are underway in South Africa to create a new state-owned company that will manage a large portfolio of government
Ghana’s reliance on Dubai for gold exports leaves cedi exposed as Iran conflict disrupts trade
The Ghanaian cedi could face renewed pressure if the ongoing conflict in the Middle East continues to disrupt air traffic
$64 billion development roadmap launched by Burkina Faso to reshape its economy.
Burkina Faso has approved a new National Development Plan (PND) for 2026–2030, a five-year strategy valued at about $64 billion
Africa’s energy markets under strain as Iran war deepens.
A sharp rise in global oil prices caused by the intensifying conflict involving Iran is beginning to ripple across African
Senegal orders shutdown of 19 government bodies as part of $98 million cost-cutting plan
Senegal’s government has revealed plans to shut down 19 public agencies, a decision projected to save about 55 billion CFA
Zimbabwe Aims to Reduce $23 Billion Debt and Rebuild Investor Trust
Zimbabwe is actively pursuing measures to settle the $23 billion it owes to multilateral lenders, as discussions with creditors remain