Nigerian banks approach the final phase of their recapitalisation push.
Nigeria’s banks are entering the last stage of their recapitalisation efforts, with lenders accelerating capital-raising activities ahead of the Central
Global Finance
February could see Russian oil exports surge to China while India pulls back.
Chinese imports of Russian crude oil are expected to hit fresh record levels in February after three months of rising
Zambia seeks new agreement with the International Monetary Fund (IMF).
Zambia is preparing to begin discussions on a new economic programme with the IMF, but authorities say the agreement will
Government launches digital payslip system for public sector employees
The Controller and Accountant-General’s Department (CAGD) has rolled out a new electronic payslip system for all government employees on the
Angola plans major diamond investments with UK mining firm
Efforts are underway for Angola to secure a 20% to 30% shareholding in De Beers, the global diamond powerhouse owned
Mali establishes a state-owned company to manage mining assets and boost government revenue
The Malian government has announced plans to establish a state-owned company to administer its interests in mining enterprises, according to
EU impose measures to compel Meta to reverse WhatsApp’s AI policy.
The EU plans to impose interim measures on Meta to prevent WhatsApp from blocking third-party AI assistants, citing potential antitrust violations. The move aims to protect competition while the investigation continues, as Meta’s policy change, effective January, restricts access for outside AI tools. Meta has pushed back, saying users have alternative ways to access AI and the EU’s concerns are misplaced.
Parliament approve 24-Hour Economy Authority Bill
Parliament has approved the 24-Hour Economy Authority Bill, 2025, paving the way for Ghana’s economy to operate around the clock. The law establishes a central authority to coordinate public and private sector efforts, aiming to boost job creation, productivity, and economic growth.
Fragmentation, rather than sovereignty, is Africa’s biggest obstacle
Ace Anan Ankomah has urged African nations to overcome internal divisions and take control of their economic and technological future. He warned that self-imposed fragmentation, not independence, continues to hold the continent back, and called for unity, innovation, and self-reliance as drivers of sustainable growth.
AU: free movement is essential for AfCFTA to open its full potential
Ama Twum-Amoah of the African Union Commission has warned that AfCFTA cannot succeed without free movement of people. She said mobility is crucial for economic growth, innovation, and empowering women in cross-border trade.