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Ghana bond yields rise most in 6 weeks

Jul 26 2016 19:00

Ghana’s bonds have surged the most in six weeks after the finance minister said the country will increase spending even as a budget deficit widens to lower revenues.


Worst inflation in decade deepens dilemma for Nigeria

Jul 26 2016 20:30

Caught between the highest inflation in more than a decade and an economy set to contract for the first time since 1991, Nigeria’s central bank may opt to do nothing.


Decade’s peak inflation deepens dilemma for Nigeria

Jul 26 2016 11:15

Caught between the highest inflation rate in more than a decade and an economy set to contract, Nigeria’s central bank may opt to do nothing.


SA export growth beats regional average - WTO

Jul 21 2016 16:34

Africa’s exports experienced a 30% drop in dollar terms in 2015, but South Africa experienced a less marked decline than the regional average, according to a UN report.


Uganda’s economy shrinks 1.3% in third quarter

Jul 21 2016 12:08

Uganda's economy has contracted by 1.3% in the third quarter of the financial year ended last month from a growth of 1.7% in the previous quarter.


IMF says Nigeria heading into recession

Jul 19 2016 20:02

The IMF has slashed its growth forecast for the Nigerian economy this year, saying a combination of plunging oil revenues and weakened investor confidence will push it into recession.


IMF downgrades sub-Saharan growth rates

Jul 19 2016 16:34

The IMF has downgraded the 2016 economic growth rates in sub-Saharan Africa by 1.4 percentage points to 1.6%, according to a report.


SA accounts for 82% of sub-Saharan overseas acquisitions

Jul 18 2016 20:00

SA’s overseas acquisitions accounted for 82% of sub-Saharan African outbound mergers and acquisitions activity in the first half of 2016, says Thomson Reuters.


Nigeria inflation 16.5% in June, highest in almost 11yrs

Jul 18 2016 12:06

Nigerian inflation has accelerated to the highest rate in almost 11 years in June, as the economy is at risk of contracting this year.


Africa Union step closer to cut reliance on donors

Jul 17 2016 14:07

The Africa Union has adopted a new funding formula that will help the bloc generate $1.2bn from next year and cut reliance on donors.



CHART: SA closing gap on Nigeria as Africa's biggest economy

Jul 17 2016 11:45

South Africa, which has regained second place after overtaking Egypt, is closing the gap on Nigeria as Africa’s number one economy.


Africa 'must grab construction opportunities now'

Jul 15 2016 17:29

The future of Africa will be unbuilt without the right transformation and if the general attitude does not change, says a construction expert.

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