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. […]

The Bank of Ghana has implemented its third consecutive aggressive interest rate reduction, lowering the monetary policy rate by 350 basis points from 21.5 percent to 18 percent following the conclusion of the central bank’s 127th Monetary Policy Committee meeting on November 26, 2025. This decisive monetary easing marks a pivotal moment in Ghana’s economic […]

Angolan President João Lourenço delivered a forceful call for sweeping reforms to the global financial system during the seventh African Union-European Union summit in Luanda, warning that Africa’s development ambitions are being “stifled by unsustainable debt.” As current chair of the African Union, Lourenço’s remarks underscore the escalating urgency of a debt crisis that now […]

The International Monetary Fund has projected that Ethiopia’s economy will expand by 7.2 percent in 2025, positioning the East African nation among sub-Saharan Africa’s fastest-growing economies despite ongoing regional and global economic headwinds. This robust growth forecast reflects the country’s aggressive pursuit of structural reforms, successful debt restructuring efforts, and diversification initiatives aimed at building […]