Economy & Business

For decades, Ghana’s cocoa sector has been the economy’s quiet engine — generating income for more than 800,000 farming households, contributing roughly 2 billion dollars annually to GDP, and providing the raw material for some of the world’s most beloved chocolate brands. But that engine has been sputtering. Harvests have fallen, farmer incomes have dried […]

For decades, Ghana’s cocoa sector has been the economy’s quiet engine — generating income for more than 800,000 farming households, contributing roughly 2 billion dollars annually to GDP, and providing the raw material for some of the world’s most beloved chocolate brands. But that engine has been sputtering. Harvests have fallen, farmer incomes have dried

Seplat Energy, the Nigerian oil and gas company that completed its landmark acquisition of ExxonMobil Nigerian upstream assets in one of the most significant sector consolidations in recent African energy history, has a message for investors: patience. The company says it is not in a hurry to expand across the continent. It wants to get

Sierra Leone became the latest African nation to receive migrants deported from the United States on Wednesday, when a Boeing charter flight carrying nine West African deportees landed at Freetown International Airport. The group — seven men and two women — arrived in the morning and were escorted off the tarmac in a white van,

Aliko Dangote, Africa wealthiest individual and the continent most prominent industrialist, has delivered one of the starkest warnings yet about the nature of Africa financial relationship with China, arguing in an interview published on May 18 that Chinese lenders win in Africa not because of superior technology or better goods, but because they have mastered

Harare, Zimbabwe — A prominent human rights monitoring organisation has issued a stark warning about the state of civic and political freedoms in Zimbabwe, documenting what it describes as a systematic deterioration in the human rights climate since the beginning of 2026. The report, published on May 18, identifies a pattern of increasing suppression targeting

From the cobalt fields of the Democratic Republic of Congo to the copperbelt of Zambia and Zimbabwe’s lithium deposits, Africa finds itself at the centre of a global scramble that it did not choose but cannot afford to ignore. The transition to clean energy technologies — electric vehicles, battery storage, solar panels, wind turbines —

Every morning in Lagos markets, thousands of traders sell products that appear, at first glance, to be what they claim: name-brand pharmaceuticals, household cleaners, motor oils, food items bearing the logos of well-known manufacturers. But a significant proportion of these goods are elaborate fakes — counterfeits produced in unregulated facilities and designed to look so

Ghana Attorney General has filed formal charges against the Chairman of Ghana Grains and Cereals Producers Association, Ngoussah Wontumi, along with two other individuals, over an alleged 18.7 million cedi fraud linked to the Ghana Export-Import Bank, according to court documents filed at the Accra High Court and confirmed by the Ministry of Justice in

Angola agricultural sector has overtaken oil as the country primary driver of economic activity for the first time in more than two decades, according to data released by Angola national statistics institute and confirmed by the International Monetary Fund in its latest economic outlook for sub-Saharan Africa. The milestone marks a defining moment for a

In the busy aisles of Naivas and Quickmart supermarkets stretching across Nairobi, Mombasa, and Kisumu, a quiet revolution is reshaping how East Africans shop, spend, and think about consumption. Two homegrown retail giants are locked in an intensifying battle for dominance of Kenya’s fifty billion dollar consumer market, and the outcome of their rivalry will

Kenya’s public transport system is on the brink of collapse. Matatu operators across the country have announced a sweeping 50 percent fare hike, warning of a nationwide strike within weeks if the government does not intervene. The threat has sent shockwaves through a country where minibus taxis remain the primary mode of transport for millions