Africa economy

How Europe’s panic over migration, terrorism is a big opportunity for Africa

Video footage of African migrants detained on their way to Europe being sold as slaves in Libya has provoked outrage…

Growth outlook for sub-Saharan Africa upbeat on recovery in oil production in Nigeria, improved policy environment – IMF

The broad-based slowdown in sub-Saharan Africa is easing, and growth is expected to pick up to 2.6 percent in 2017…

Rwanda’s GDP growth slows to 4%

Rwanda’s economy grew by four percent year-on-year in second quarter 2017, from 7.5 percent in the same period a year…

Nigeria likely out of recession in Q2 but needs business confidence via single FX policy for growth sustainability – Poll

Nigeria and South Africa, Africa’s two biggest economies, have been projected to likely emerge from recession in the second quarter…

GreenWish Partners plans $800 million solar-powered telephone towers across Africa

GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on…

Namibia cuts lending rate to 6.75% to support growth

Namibia's central bank cut its benchmark lending rate by 25 basis points to 6.75 percent Wednesday, citing the need to…

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