Economics
Markets, companies, and the economy.
EconomicsSouth Africa’s anti-migrant protests raise fears of economic damage
A surge in anti-migrant protests in South Africa could damage businesses, deepen labour shortages and disrupt economies across the wider region, economists have warned.
Latest in Economics
EconomicsGTF Angola Investment Summit 2026 Concludes in Luanda
The Global Tourism Forum Angola Investment Summit 2026, held from 17–19 June in Luanda, concluded with strong international participation.
EconomicsAfrica’s growth slows in 2026, but AfDB expects rebound next year
Africa’s economic growth is expected to slow slightly this year as the war in Iran disrupts supply chains and pushes up energy and import costs, the African Development Bank has said.
EconomicsAfrica’s Giant Is Growing—So Why Are Its People Getting Poorer?
Nigeria is often described as the economic engine of Africa, and recent growth figures appear to support that narrative. GDP expansion remains relatively solid, and macroeconomic indicators suggest a degree of resilience. Yet beneath these headline numbers lies a more complex—and troubling—reality: for many Nigerians, economic growth has not translated into improved living standards.
EconomicsAfDB cuts Africa growth forecast as Middle East tensions hit fuel and food prices
Africa’s economic growth is expected to slow slightly this year as tensions in the Middle East drive up fuel, food and import costs, the African Development Bank has warned.
EconomicsSouth African rand weakens as US strikes on Iran weigh on market sentiment
South Africa’s rand retreated on Tuesday as renewed tensions between the United States and Iran reduced hopes of a lasting ceasefire and pushed investors toward safer assets.
EconomicsGhana says Gold Fields’ Tarkwa lease can be renewed, but not automatically
Ghana’s government says it remains committed to renewing the mining lease for Gold Fields’ Tarkwa mine, but warned that the South African company must first undergo fresh scrutiny before any extension is approved.
EconomicsNigeria’s economic growth slows slightly in first quarter
Nigeria’s economy grew at a slightly slower pace in the first quarter of 2026, as both oil and non-oil activity eased compared with the previous quarter, official data showed.
EconomicsEgypt plans global grain trading and storage hub
Egypt is aiming to establish itself as a global hub for grain trading, storage and processing, as the country seeks to strengthen food security and expand its role in regional commodity markets.
EconomicsQatarEnergy, ExxonMobil and Egypt to study Cyprus gas development
QatarEnergy has signed a preliminary agreement with ExxonMobil and the Egyptian government to study the development and commercialisation of gas discoveries in Cyprus using Egypt’s existing gas and LNG infrastructure.
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