This week in African business & economy
Egypt is on track for a $12 billion IMF program, but tough reforms may follow. Libya’s eastern government ends fuel subsidies, raising hopes for efficiency yet fears of inequality.
A leaked memo sees World Bank staff questioning Ethiopia’s debt classification, while Nigeria’s central bank grants exchange bureaus access to the FX spot market in an effort to ease currency pressures.
Rounding off the headlines, Dangote Refinery hits 85% capacity, promising a new era for West Africa’s energy landscape.
Stay informed on the latest shifts shaping Africa’s future!
#africa #economy #finance #development #investment #policy #reforms #growth #energy #trade
🌍 This week in African business & economy 🌍
Ethiopia opens its banking sector to foreign players, potentially boosting growth and financial inclusion. Cameroon prepares to host a WTO meeting in 2026, spotlighting regional trade prospects.
A West African bloc presses junta-led states to return to democracy, while Rwanda secures an IMF boost to reinforce economic resilience.
Meanwhile, Zambia stands ready to unlock $21 billion in strategic sectors, fueling hopes for jobs and prosperity.
Stay informed on the latest shifts shaping africa’s future! 📰
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#africa #economy #trade #finance #development #investment #policy #growth #banking #mine #ethiopia #zambia #mali #burkinafaso #niger #cameroon #wto #lastest
This week in Africa, we’re seeing major moves shaping the continent’s future.
Tullow Oil and Kosmos Energy could unite to strengthen West Africa’s energy landscape, while Nigeria’s Dangote Refinery makes history with its first petrol export to Cameroon.
Ghana’s former President Mahama returns to office, reflecting steady governance, as Rwanda eyes global recognition by bidding to host its first Formula 1 race.
Meanwhile, Somalia and Ethiopia’s dialogue offers hope for easing regional tensions over port access in Somaliland.
Stay informed, stay engaged, and keep an eye on Africa’s evolving narrative.
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#africa #economy #energy #governance #innovation #trade #investment #development #f1 #ghana #nigeria #rwanda #oil #westafrica #ethiopia #somali #grandprix #election #petrol #trading #dangote #tullow #kosmos
🌍 This Week in African Business & Economy 🌍
From high-stakes elections to transformative financing, Africa’s economic and political landscape continues to evolve.
Ghana’s presidential frontrunners rally for last-minute votes, while Namibia sets a historic precedent by electing its first-ever female president.
Morocco secures a $1 billion commitment from the African Development Bank to bolster infrastructure ahead of hosting the 2030 World Cup, and Libya’s central bank takes bold steps to ease liquidity strains.
Meanwhile, Italy’s $420 million co-financing deal with the AfDB highlights growing international partnerships aimed at sustainable growth.
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#africa #economy #business #ghana #namibia #morocco #libya #italy #worldcup #afdb #sustainablegrowth #news #elections #liquidity #inflation #accra #rabat #npp #ndc #december7
From strategic divestments to technological breakthroughs, this week’s stories spotlight critical developments shaping Africa's economic landscape.
Uganda battles a major cybersecurity breach at its central bank, while Anglo American takes decisive steps to streamline its operations by reducing its stake in Amplats ahead of a major spin-off.
Meanwhile, innovative partnerships, like Glencore’s solar energy deal, and affordable 5G smartphone launches by MTN, showcase Africa’s commitment to sustainable growth and digital inclusion.
Stay informed on the latest stories driving change across the continent! 📰
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#uganda #angola #southafrica #diamond #mines #minerals #solarpower #africa #5G #mtn #angloamerican #digital #internet #data #business #finance #economy #mining #growth
From transformative partnerships to bold economic strides, here’s what’s making waves across the continent:
Morocco hosts President Xi Jinping, solidifying its role as a strategic partner for China while gaining growing support for its autonomy plan in the Moroccan Sahara.
Nigeria secures a $2.5 billion investment from JBS, boosting its agro-processing sector, and unveils Utapate crude to double oil production.
Egypt pushes for long-term LNG deals to leverage its natural gas reserves and solidify its energy dominance.
Kenya seeks $950 million in loans to accelerate critical infrastructure projects and stimulate economic growth.
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#morocco #china #nigeria #egypt #kenya #moroccansahara #agriculture #crude #lng #energy #naturalgas #infrastructure #development #economicgrowth #stories #articles #news #africa #asia #europe
Africa’s economic landscape continues to evolve with significant developments across key sectors.
Nigeria achieves a milestone by increasing oil production to 1.8 million barrels per day, while Camtel prepares to enter Cameroon’s mobile financial services market by 2025.
In Niger, Orano faces challenges at its uranium plant due to political instability, raising concerns over supply chains.
Meanwhile, NNPC secures a pivotal 10-year gas deal with Dangote Refinery, strengthening energy security, and Gold Fields considers divesting smaller mines to focus on high-growth Canadian assets.
Stay updated with the headlines shaping Africa’s economic future.
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#nigeria #niger #cameroon #southafrica #business #finance #trade #market #economy #policies #africa #telecommunication #mining #fintech #oil #gas #dangote #uranium #nuclearenergy #gold #naturalresources
This week in African business and economy: Ghana boosts oil output for the first time in five years, Angola eyes LNG expansion as gas supplies surge, and Lagos opens doors to investors for ambitious 4,000 MW gas-powered plants.
Meanwhile, Botswana looks to diversify its economy beyond diamonds, and global leaders react to Trump’s return to the White House, prompting Africa to assess potential impacts.
Dive into this week’s top stories shaping Africa’s economic and political landscape!
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#africa #ghana #nigeria #botswana #angola #usa #trump #uselections #gas #plant #economic #lagos #oil #gas #investment #globaltrade #business #topstories #news #development
This week in African business and economy: Kenya swears in a new Deputy President, Brazil’s Embraer pledges to invest in Morocco’s aerospace sector, and Nigeria’s Dangote Refinery holds 500 million liters of fuel ready to meet domestic demand.
Saudi Arabia eyes a stake in Zambia’s copper sector, while Ghana considers importing fuel from the Dangote Refinery.
Here’s a quick snapshot of the developments driving Africa’s economic landscape this week!
#africa #nigeria #lagos #kenya #nairobi #morocco #marrakech #brazil #copper #saudiarabia #mine #oil #ghana #accra #dangote #business #finance #news #economy #energy
A New Era in French-Moroccan Relations!
From renewable energy to infrastructure, France and Morocco are building a future of shared growth, innovation, and stability.
Discover how these strategic business deals are set to shape North Africa and boost opportunities for investors!
#morocco #rabat #france #oncf #business #northafrica #macron #africamarket #development #immigration #economy #investment #finance #renewableenergy #energy #infrastructure #manufacturing #EconomicPartnership #RenewableEnergy #InvestmentOpportunities #GlobalRelations
This week’s top stories spotlight key shifts and growth across Africa:
the IMF calls for structural reforms among oil-exporting nations to drive growth; Shell’s operational hurdles pose challenges for Nigeria’s investment climate; Huawei Cloud is seeing a surge in South Africa, fueling digital transformation.
Meanwhile, First Quantum is seeking partnerships for its Zambian mining assets amid rising copper demand, and Egypt’s United Bank prepares for its debut on the Cairo Stock Exchange, setting the stage for new investment avenues.
Here’s a look at what’s shaping Africa’s economic landscape this week!
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#africa #nigeria #lagos #zambia #egypt #cairo #southafrica #huawei #cloud #mines #shell #imf #johannesburg #capetown #economic #business #finance #oil #energy
The International Monetary Fund (IMF) has approved a $341 million disbursement for Ethiopia as part of its Extended Credit Facility (ECF) and Extended Fund Facility (EFF), marking a crucial first loan program review.
The funds will be used to support macroeconomic reforms, tackle high inflation, manage debt vulnerabilities, and boost foreign exchange reserves.
The IMF's loan package is expected to boost investor confidence in Ethiopia's economic reforms, encouraging both local and foreign investments in agriculture, textiles, manufacturing, and infrastructure development.
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#ethiopia #imf #funding #international #addisababa #africa #economy #business #finance #investment #opportunities #jobs #development #foreignexchange #fdi #smes