Botswana has taken a bold step in Africa’s monetary policy landscape as it raised interest rates sharply in response to rising global inflation pressures triggered by the ongoing Iran conflict and surging oil prices. The Bank of Botswana lifted its…

Africa’s energy map is shifting fast as the Dangote Petroleum Refinery pushes into global aviation fuel markets, sending jet fuel to Europe while supplying Ethiopian Airlines in a bold move that reflects tightening global supply. The refinery’s leadership confirmed the…

Sudan has taken a drastic step to defend its weakening currency, announcing a broad ban on imports as pressure mounts on its fragile economy. Authorities say the move aims to reduce demand for foreign exchange and stabilize the local currency,…

East Africa has secured an impressive $4.1 billion in investments between 2021 and 2025, marking a major turning point for the region as economic reforms begin to deliver strong results. The fresh capital inflow reflects growing investor confidence in Kenya,…

Sudan has moved to restrict a wide range of imports as authorities try to slow the rapid decline of its currency. The decision targets non-essential goods, and officials believe it will reduce pressure on foreign exchange reserves. At the same…

Aliko Dangote has opened another major growth path for his industrial empire as Dangote Petroleum Refinery and Petrochemicals moves deeper into the lucrative global chemicals market. The latest expansion will focus on producing essential raw materials used in detergents and…