South Africa’s Renewed Currency Confidence
15/12/2025South Africa’s currency recently gained ground in early trade, supported by higher gold prices, as local investors look to the year’s last bit of economic data for clues on the.
Author: Solomon Obi
Solomon Obi
- 327Articles
- 497 Views
About
Solomon Obi Articles:
Arts & Creativity
Entertainment
Highlights
How Lagos Street Art 2025 Elevates Africa’s Contemporary Art Scene
12/12/2025Lagos continues to live up to its reputation as the nerve system of African creativity, and with the debut of the Lagos Street Art Festival (LSAF) 2025, themed “Legendary Lagos:.
Africa Development
Economy
Highlights
Ethiopia Gains $261 Million IMF Support to Advance Stability and Development
11/12/2025Ethiopia has reached a staff-level agreement with the International Monetary Fund (IMF). This will, in effect, bring in $261 million in fresh financing, pending board approval. For Ethiopia, this is.
Africa Development
Economy
Highlights
Analysing Africa’s 2025 HDI Rankings and Economic Outlook
10/12/2025As 2025 draws to a close, Africa’s development story is increasingly defined not by the size of its GDP alone, but by the lived experiences of its people. Education quality,.
Economy
Highlights
Oil & Gas
What South Africa Gains From the PetroSA–Shell Offshore Oil Agreement
09/12/2025South Africa’s PetroSA has facilitated a deal giving Shell Offshore a 60% stake in Block 2C off the west coast. This represents a strategic shift in how the country approaches.
Economy
Highlights
Transport
What South Africa’s R3.4 Billion Rail Deal Means For Industry
08/12/2025South Africa has secured its biggest private-sector investment in freight rail to date, with Traxtion committing R3.4 billion, a little over $200 million, to enhance the country’s rail capacity. The.
Economy
Highlights
Trade and Investment
The Impact of AfDB’s $1.78 Billion Investment on Namibia
05/12/2025The African Development Bank Group has offered Namibia a new partnership commitment worth $1.78 billion under its 2025–2030 Country Strategy Paper (CSP). This comes at a crucial moment, as the.
Economy
Highlights
Technology
What Safaricom’s Stake Sale Means for Africa’s Growing Telecom Sector
04/12/2025Kenya has reached an agreement to sell a 15% stake in Safaricom to Vodacom for about $1.6 billion. Once finalised, Vodacom’s ownership will rise to 55%, giving it majority control.
Banking
Economy
Highlights
Namibia Maintains 6.50% Rate as the Central Bank Signals Its Economic Direction
03/12/2025Namibia’s move to keep its main interest rate at 6.50% may look like a routine announcement at first glance, but it reflects a careful reading of the country’s economic mood..
Africa Development
Finance
Highlights
Why Africa’s $1 Trillion State Assets Matter for Future Growth
02/12/2025Africa is owning its choices to the capital it has managed to build over time. For the first time, state-owned institutions across the continent are managing assets approaching $1 trillion,.