Economy Archives - Page 10 of 55

Tangier Port Expands Amid Gulf Crisis as Shipping Routes Shift Around Africa

The Tangier Port in northern Morocco is rapidly expanding its capacity as global shipping lines reroute vessels to avoid the troubled Bab el-Mandeb Strait and the Suez Canal. Idriss Aarabi…

Africa News Now March 30, 2026

ANN Northern Africa

Egypt’s New Curfew Sparks Business Concerns Amid Rising Energy Costs

A newly imposed nighttime curfew in Egypt is drawing concern from business owners as the government moves to curb soaring energy costs linked to regional instability. Prime Minister Mostafa Madbouly…

Africa News Now March 30, 2026

ANN West Africa

Burkina Faso Urges Reform of OACPS to Tackle Security and Global Challenges

Burkina Faso has called for sweeping reforms of the Organisation of African, Caribbean and Pacific States (OACPS) to strengthen its relevance in addressing global crises, during the bloc’s 11th summit…

Africa News Now March 30, 2026

ANN West Africa

Nigerian Catholics Mark Palm Sunday with Hope Amid Economic and Security Struggles

Catholics across Nigeria marked Palm Sunday with church services, prayers, and street processions, ushering in the start of Holy Week, one of the most sacred periods in the Christian calendar.…

Africa News Now March 30, 2026

West Africa

Fuel Prices Surge in Nigeria Despite Dangote Refinery Launch

Nigeria is grappling with a sharp rise in fuel prices, even after the commissioning of the Dangote Refinery — Africa’s largest oil refinery which was expected to ease supply pressures…

Africa News Now March 30, 2026

African Diaspora ANN Northern Africa

Spain Seeks Increased Gas Supplies from Algeria Amid Global Energy Uncertainty

Spain is exploring increased natural gas imports from Algeria following high-level talks between Foreign Minister José Manuel Albares Bueno and his Algerian counterpart on Thursday. The discussions come as tensions…

Africa News Now March 27, 2026

African Diaspora ANN West Africa

Nigeria Seeks Stronger UK Ties as Africa’s Economic Landscape Shifts

Nigeria’s return to Windsor Castle after nearly four decades marks more than symbolism it reflects a renewed push to deepen economic ties with the United Kingdom and reposition Africa’s largest…

Africa News Now March 26, 2026

ANN Eastern Africa

Kenya and China Sign Key Trade and Economic Agreements

Kenya and China strengthened their economic partnership on Tuesday, signing four memoranda of understanding covering trade, agriculture, livestock, and broader economic cooperation. The agreements were signed during talks in Nairobi…

Africa News Now March 25, 2026

ANN West Africa

Senegal Denies Secret €650 Million Borrowing Amid Debt Concerns

Senegal’s government has denied claims in the Financial Times that it secretly borrowed 650 million euros ($754 million) to avoid default, insisting the transactions were conducted transparently and in line…

Africa News Now March 25, 2026

ANN Eastern Africa

Mozambique Seeks IMF Support as Debt Pressures Mount

Mozambique is preparing to host a mission from the International Monetary Fund in the coming months, as authorities look for support to manage rising fiscal and debt pressures. The visit…

Africa News Now March 24, 2026

African Diaspora ANN

Ghana and Colombia Sign Historic Maritime Trade Agreement Connecting Tema and Cartagena

Ghana and Colombia have signed a landmark agreement establishing direct maritime connectivity between the Port of Tema in Ghana and the Port of Cartagena in Colombia. The deal, finalized in…

Africa News Now March 24, 2026