The Centre for the Promotion of Private Enterprise wants special attention to be given to sectors of the economy that were contracting or in recession, as it projected a $450bn economy by ...

Despite the rebasing of Nigeria's Gross Domestic Production (GDP), the country still retains its position as the fourth largest economy in terms of Nominal terms.

The service, industry, and agriculture subsectors propelled Nigeria's economy's expansion to N372.8 trillion in 2024 ($145.3 ...

The National Orientation Agency (NOA) says foreign exchange (FX) rate volatility remains the only challenge to Nigeria’s ...

South Africa’s economic growth since 2010 has left its population significantly poorer than the global average.

The government expects the GDP to grow from N54.77 trillion in 2024 to N66.47 trillion in 2025, while the projection for the real GDP is between 5.02% and 6.49%.

PRETORIA (Reuters) -South Africa's economy stagnated in the first quarter, eking out quarter-on-quarter growth of just 0.1%, as contractions in sectors like mining and manufacturing offset a ...

According to the World Bank, Africa received approximately $100 billion in remittances in 2023, accounting for about 6% of the continent’s GDP. Mastercard is playing a key role in enabling the ...

Charcoal has fuelled Africa’s urbanisation. It is dense in energy and hard to regulate, much like cities themselves. Despite concerns about pollution, lost trees and illicit money flows, it ...

POLL South Africa GDP growth outlook gets biggest cut since early 2023; SARB to trim rates By Vuyani Ndaba May 28, 202512:52 AM PDTUpdated May 28, 2025 ...

“Lagos is not just growing; we are leading. With a GDP of $259 billion based on purchasing power parity (PPP), we have cemented our place as Africa’s second-largest city economy.