In a compelling study published in the journal Agrekon, researchers from Stellenbosch University and Mendel University in Brno, Czech Republic, have issued a strategic warning: South Africa’s current approach to agri-food exports to the European Union may be reaching its limit. The report highlights that despite South Africa’s status as the EU’s largest trading partner […]

Nigeria has marked a significant milestone in its journey toward economic diversification, reporting a total of 663 million metric tonnes of non-oil products exported to 11 member states of the Economic Community of West African States (ECOWAS) in the first half of 2025. This impressive figure, announced by the Nigeria Export Promotion Council (NEPC), underscores […]

In a landmark development for its economy, Nigeria’s crude oil production has officially crossed the 1.8 million barrels per day (MMBOPD) mark in July, a key milestone that signals the potential for a new era of stability and growth in the nation’s energy sector. The average production for the month hovered at 1.78 MMBOPD, a […]

For international investors, Zambia’s debt restructuring journey has been a closely watched case study. As the first African nation to default in the pandemic era and seek relief under the G20 Common Framework, its path to financial recovery was seen as a potential blueprint for other struggling economies. However, that journey took a significant step […]

In a significant blow to South Africa’s already challenged export sector, Danish shipping giant Maersk has announced the discontinuation of its direct cargo shipments between South Africa and the United States, effective October 1. This strategic decision means that South African exports destined for the U.S. will now be rerouted via European transshipment hubs, leading […]

In a decisive move to cushion its economy from the impact of new 30% tariffs imposed by the United States, South Africa has unveiled a comprehensive, multi-pronged strategy. The Departments of International Relations and Cooperation (DIRCO) and Trade, Industry, and Competition (DTIC) issued a joint statement today, outlining a detailed response that combines diplomatic engagement […]

South Africa is bracing for a significant economic blow as a 30% tariff on its exports to the United States is set to take effect next week. This punitive measure, announced in an executive order by U.S. President Donald Trump, follows South Africa’s failure to secure a favorable trade deal before a critical deadline. The […]

In a landmark economic revelation, Nigeria’s real estate sector has officially surpassed crude oil and natural gas to become the third-largest contributor to the nation’s Gross Domestic Product (GDP). This significant shift, unveiled through the recent rebasing of Nigeria’s GDP figures, signals a profound reorientation of the country’s economic landscape, moving beyond its traditional reliance […]

The International Air Transport Association (IATA), the global trade association for the world’s airlines, has issued a powerful call to action for African governments: prioritize aviation as a fundamental engine for economic expansion, robust job creation, and transformative social progress across the continent. This urgent appeal underscores the sector’s immense, yet often untapped, potential to […]

In a pivotal step towards a sustainable and equitable energy future, South Africa and the African Development Bank (AfDB) have formally signed a $474.6 million loan agreement. This significant financial commitment is earmarked to bolster the implementation of South Africa’s ambitious Just Energy Transition (JET) initiatives, reinforcing the nation’s drive to enhance energy security, accelerate […]