Economy & Business

The Malawi Stock Exchange has lost nearly five trillion kwacha — equivalent to approximately 2.8 billion dollars at current exchange rates — in market capitalisation over the past five months, in a rout that analysts say reflects a combination of domestic economic pressures, shrinking foreign investor appetite, and the lingering aftermath of a currency crisis […]

When Kudakwashe Tagwirei son recently celebrated his wedding in lavish fashion in Harare, it set off a furore that immediately exposed the contradictions at the heart of Zimbabwe most ambitious monetary experiment in years. Tagwirei is the founder of Sakunda Holdings, a company that has won hundreds of millions of dollars in government contracts over

Kenya is facing a severe fuel crisis that has sent transport costs soaring across the country, with the price of petrol and diesel climbing sharply over the past two months as global oil markets remain unsettled by the Middle East conflict and regional supply disruptions. The price increases have rippled through the economy, pushing up

Harare’s Grand Bargain With Down Under: Zimbabwe’s Gas Deal Explained Zimbabwe has signed a landmark gas exploration agreement with an Australian energy company, in what the government in Harare is describing as a transformative moment for an economy that has spent the better part of two decades struggling to find reliable sources of foreign investment

The African Development Bank has appointed Nigeria’s Minister of Aviation and Aerospace as the champion of a sweeping initiative to modernise and expand the continent’s aviation infrastructure, in what the bank describes as the most ambitious single-sector investment programme it has ever undertaken. A Continent Takes Off The appointment signals a new chapter for African

For the first time in recorded history, the amount of renewable energy capacity under construction in Africa has surpassed the capacity of conventional fossil fuel and large hydro projects, according to a new industry report that signals a fundamental shift in the continent’s approach to electricity generation. A Milestone Moment The data, published by a

Kenya’s contentious Finance Bill 2026 returned to the centre of national debate this week as a broad coalition of business associations, manufacturers, and trade groups issued their starkest warning yet about the legislation’s potential to damage an economy already wrestling with high fuel costs, a weakened currency, and slowing growth. The lobby groups, representing tens

Burkina Faso’s ruling military junta has suspended the export of all livestock in what officials describe as a measure to ensure the availability of animals on the domestic market and protect consumers from soaring meat prices ahead of the Eid al-Adha festivities. The ban, which took effect immediately, has been broadly welcomed by ordinary consumers

Some of East Africa’s most ambitious energy infrastructure projects are facing delays that threaten to undermine the economic gains the region has built over the past decade. Hydropower plants are operating below capacity due to declining water levels. Geothermal expansion is progressing more slowly than anticipated. And the window of opportunity to lock in the

Introduction Ghana President John Dramani Mahama has declared that the International Monetary Fund programme currently under negotiation must be the last his nation ever needs, marking an ambitious push toward lasting economic self-sufficiency in West Africa second-largest economy. The announcement came as Ghana navigates intense pressure from rising global commodity prices, a depreciating cedi, and

Nigeria and Morocco have formally approached the United States government seeking financial support for a colossal infrastructure project that would lay a new natural gas pipeline along the Atlantic coast, running from Nigeria through five West African nations before reaching Morocco and ultimately connecting to European energy networks. The proposed pipeline — estimated to cost