The Economic Community of West African States achieved 4.6% economic growth in 2025, outperforming continental averages despite confronting significant security challenges, the formal withdrawal of three Sahel member states, and persistent global economic uncertainties, according to ECOWAS Commission President Dr. Omar Touray. The resilient performance, announced during a meeting with development partners in Abuja on […]

Tanzania has initiated plans to sell portions of its $1.3 billion gold reserves to finance critical infrastructure projects, marking a strategic pivot toward domestic resource mobilization as international development assistance evaporates and political tensions with Western donors intensify. The decision, announced by Planning and Investment Minister Kitila Mkumbo during a briefing in London on Monday, […]

The International Monetary Fund’s executive board approved the sixth and final review of Zambia’s Extended Credit Facility on Tuesday, paving the way for a disbursement of $190 million to the Southern African nation and marking the conclusion of a critical economic stabilization program that helped pull the country back from the brink of financial collapse. […]

Nigeria’s economy is positioning itself for robust expansion in 2026, with growth projections reaching 4.0% according to the Mastercard Economics Institute’s Economic Outlook 2026. This forecast places Africa’s largest economy well ahead of the projected global growth rate of 3.1%, signaling a period of accelerated economic activity driven by a confluence of fiscal reforms, strategic […]