South Africa’s beleaguered ferrochrome sector received a critical lifeline this week as Eskom signed a memorandum of understanding with the country’s two largest chrome producers—Samancor Chrome and Glencore-Merafe—in a desperate bid to halt a devastating wave of retrenchments and smelter closures that threatens to decimate an industry crushed by 900% electricity tariff increases since 2008. […]

The Central Bank of Nigeria (CBN) has confirmed that only 82 Bureau De Change (BDC) operators currently hold valid licenses to operate in Africa’s most populous nation, marking a dramatic consolidation of the foreign exchange retail sector. The disclosure was made in a statement issued on Monday by the Bank’s Acting Director of Corporate Communications, […]

South Africa’s exports to the United States have defied expectations, jumping 37% over the first ten months of 2025 despite facing an unprecedented barrage of tariffs and the expiration of the African Growth and Opportunity Act (AGOA), according to data from the South African Revenue Service (SARS). The resilience of Africa’s most industrialized economy in […]

A regional initiative, the Program for Improving Fisheries Governance and Blue Economy Trade Corridors (PROFISHBLUE), has emerged as a groundbreaking model for sustainable resource management and economic integration across Southern Africa. This African Development Bank Group-funded programme, supported by a $9.2 million grant through the African Development Fund (ADF 15), is now tangibly improving the […]

A landmark regional fisheries initiative has transformed aquatic resource management across Southern Africa, improving the lives of nearly three million people while generating unprecedented levels of cross-border fish trade and strengthening food security across 16 nations. The Program for Improving Fisheries Governance and Blue Economy Trade Corridors, known as PROFISHBLUE, represents one of the most […]

South Africa’s agricultural sector embarked on a transformative regulatory journey as the Department of Agriculture officially brought the Plant Improvement Act of 2018 and its corresponding regulations into operation from December 1, 2025. The long-awaited implementation, signed into effect by President Cyril Ramaphosa following approval by Agriculture Minister John Steenhuisen, replaces the nearly five-decade-old Plant […]

South Africa’s economy maintained its upward trajectory in the third quarter of 2025, expanding by 0.5% quarter-on-quarter, according to data released by Statistics South Africa on Tuesday, December 2. While the growth figure met market expectations, it represented a notable deceleration from the revised 0.9% expansion recorded in the second quarter, marking the first slowdown […]

A groundbreaking industrial partnership between Egypt and Saudi Arabia is poised to reshape the medical supply landscape across the Middle East and North Africa region. The initiative, centered on localizing hemodialysis filter manufacturing, represents a significant step toward achieving medical self-sufficiency and reducing dependency on imports in critical healthcare supplies. Saudi Deputy Minister of Industry […]

The global discourse on economic development is witnessing a seismic shift, nowhere more acutely than in Africa. This pivot was the central theme as international and local economic policy leaders converged in Nairobi for a high-level, three-day Research and Policy Summit hosted by the African Economic Research Consortium (AERC). The gathering, held under the ambitious […]

Senegal’s financial credibility has collapsed under the weight of a massive hidden debt scandal that has exposed billions of dollars in unreported liabilities, triggered multiple credit downgrades, frozen international lending programs, and sparked an increasingly contentious standoff between the West African nation’s new government and the International Monetary Fund over how to resolve the crisis. […]