Economy Archives - Page 18 of 50

Senegal Launches National Gold Trading Centre to Curb Smuggling

Senegalese President Bassirou Diomaye Faye has ordered the creation of a National Gold Trading Centre, a major step aimed at tightening state oversight of the country’s gold industry and stopping…

Africa News Now November 13, 2025

ANN Eastern Africa

Tanzania’s Former Finance Minister Mwigulu Nchemba Nominated as Prime Minister Amid Post-Election Turmoil

President Samia Suluhu Hassan has nominated former Finance Minister Mwigulu Nchemba as Tanzania’s new Prime Minister, in a move seen as part of efforts to consolidate power following a fiercely…

Africa News Now November 13, 2025

ANN Southern Africa West Africa

Dangote Signs Investment Deal with Zimbabwe

Nigerian billionaire Aliko Dangote has signed a landmark investment deal worth over US$1 billion with Zimbabwe, aiming to reshape Southern Africa’s industrial and energy sectors. The agreement includes a fertiliser…

Africa News Now November 13, 2025

ANN West Africa

Nigeria Suspends Planned 15% Fuel Import Duty Amid Public Concerns

Abuja, Nigeria Nigeria has reversed its decision to implement a 15 percent import duty on petrol and diesel, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) confirmed on Thursday,…

Africa News Now November 13, 2025

ANN West Africa

Ivorian President Ouattara Chairs First Cabinet Meeting After Fourth-Term Re-Election

Abidjan, Côte d’Ivoire President Alassane Ouattara on Wednesday convened his first Council of Ministers meeting following his re-election for a fourth five-year term in the October 25 presidential vote. Speaking…

Africa News Now November 13, 2025

ANN Eastern Africa West Africa

Mauritanian President Urges Compassion and Solidarity with Crisis-Hit Mali

Mauritanian President Mohamed Ould Cheikh El Ghazouani has called on citizens to show solidarity and understanding toward neighboring Mali, which continues to grapple with worsening insecurity and economic hardship. Speaking…

Africa News Now November 13, 2025

ANN West Africa

Power Rift Between Senegal’s President Faye and PM Sonko Deepens Coalition Crisis

A major political showdown has erupted in Senegal’s ruling coalition, pitting President Bassirou Diomaye Faye against his influential Prime Minister Ousmane Sonko, just months after their historic 2024 electoral victory.…

Africa News Now November 13, 2025

ANN Eastern Africa

How Tanzania forfeited its esteemed crown jewel as the peaceful political powerhouse of the region

Since achieving independence on December 9th, 1961, Tanzania has established itself as the island of peace in Africa. This esteemed reputation is largely credited to the Tanzanian populace, renowned for…

Africa News Now November 12, 2025

ANN Southern Africa

South Africa’s Unemployment Rate Falls to 31.9% as Construction and Trade Drive Job Growth

South Africa’s unemployment rate fell to 31.9% in the third quarter of 2025, down from 33.2% in the previous quarter, according to new data released on Tuesday by Statistics South…

Africa News Now November 11, 2025

ANN Central Africa

Angola Marks 50 Years of Independence Amid Ongoing Economic Hardship

Angola is marking the 50th anniversary of its independence from Portugal this Tuesday, November 11, reflecting on both the triumph of liberation and the persistent challenges that continue to shape…

Africa News Now November 10, 2025

ANN West Africa

Germany’s President Frank-Walter Steinmeier Begins Three-Day State Visit to Ghana to Deepen Economic and Technological Ties

Ghana’s President John Dramani Mahama on Monday, November 3, formally welcomed German President Frank-Walter Steinmeier to the Jubilee House in Accra, marking the start of a three-day state visit aimed…

Africa News Now November 4, 2025