Tag: Africa Economy

Middle East Conflict Hits Africa Hard as Currencies Fall and Inflation Risks Surge

Business Damilola Bayonle -
The Middle East conflict impact on Africa economies is becoming increasingly pronounced, with fresh data showing widespread currency depreciation,...

African banks strengthen margins as rate cuts and Dollar rethink reshape continent’s financial outlook

Business Damilola Bayonle -
African Finance in Brief Africa’s financial landscape is undergoing a notable recalibration as banks post stronger earnings, central banks cautiously...

Why Africa FDI lost 38% in 2025 even as global investment rebounded

Business Damilola Bayonle -
Africa’s ability to attract foreign capital suffered a major setback in 2025, as new data showed that the continent...

India surpasses Japan: Powerful economic warning for Nigeria’s future

Business Damilola Bayonle -
The announcement that India surpasses Japan to emerge as the world’s fourth-largest economy has reverberated across global economic circles,...

Africa’s biggest rate cuts: How Ghana and Egypt led a historic shift in monetary policy

Business Damilola Bayonle -
Africa’s Biggest Rate Cuts Signal New Monetary Policy Cycle Africa’s macroeconomic landscape in 2025 has entered a transition phase, as...

Dangote, Ethiopia forge game-changing $2.5bn deal for World’s largest fertiliser plant

Business Damilola Bayonle -
Africa’s richest man, Aliko Dangote, has officially signed a landmark $2.5 billion partnership with the Ethiopian government to construct...

UN, ILO push bold job-creation drive to confront Africa’s crises

Business Damilola Bayonle -
The United Nations (UN) and the International Labour Organisation (ILO) have urged African governments and international partners to prioritise...