Economic Policies

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NestOil HQ sealed over $1 billion debt — urgent stakeholder update released

NestOil HQ sealed over $1 billion debt — urgent stakeho...

Nigeria's indigenous oil and gas powerhouse, Nestoil Limited, has been placed un...

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Africa's energy giant expands $560m investment to tackle imports, deforestation in Rwanda

Africa's energy giant expands $560m investment to tackl...

GasMeth Energy Ltd has invested an additional $170 million into its flagship met...

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Report: Over 40% of Nigeria's informal businesses make less than $12 daily

Report: Over 40% of Nigeria's informal businesses make ...

Nigeria’s vast informal economy, stretching from street vendors and market trade...

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Most competitive African countries in 2025, according to the latest ranking

Most competitive African countries in 2025, according t...

The past few years have brought back a major threat to competitiveness: high inf...

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Top 10 African countries with the strongest currencies compared to the US dollar

Top 10 African countries with the strongest currencies ...

Several African currencies have garnered international attention in October 2025...

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African airlines hit by more EU bans in ongoing safety oversight battle

African airlines hit by more EU bans in ongoing safety ...

Several African airlines have been added to the European Union’s air safety blac...

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Dangote restores jobs after labour negotiations, but employees express concerns

Dangote restores jobs after labour negotiations, but em...

The Dangote Oil Refinery recently disclosed that it has reinstated workers whom ...

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Nigerian billionaire Aliko Dangote eyes US$1 billion industrial expansion in Zimbabwe

Nigerian billionaire Aliko Dangote eyes US$1 billion in...

Nigerian billionaire Aliko Dangote is preparing a major return to Zimbabwe with ...

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Nigeria attracts $1.3bn Chinese lithium investment amid push for clean energy value chains

Nigeria attracts $1.3bn Chinese lithium investment amid...

In a major boost to Africa’s green industrial transition, Chinese firms have inv...

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East Africa’s $420m synthetic fuel project aims to rival Dangote in Africa’s jet fuel market

East Africa’s $420m synthetic fuel project aims to riva...

Tanzania has unveiled an ambitious $420 million synthetic fuel project aimed at ...

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JPMorgan becomes first US bank to resume dollar clearing in Angola

JPMorgan becomes first US bank to resume dollar clearin...

JPMorgan Chase & Co. is returning to Angola’s financial system, becoming the fir...

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Cameroon re-elects Paul Biya, world’s oldest sitting president, for eighth term

Cameroon re-elects Paul Biya, world’s oldest sitting pr...

Paul Biya, the world’s oldest sitting president, has secured an eighth term in C...

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South Africa’s FirstRand buys $70m stake in UAE fintech ahead of JSE listing

South Africa’s FirstRand buys $70m stake in UAE fintech...

South Africa’s FirstRand Bank has acquired a 20% stake in UAE-based Optasia, a d...

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Mali shuts schools amid fuel crisis, Russia pledges emergency deliveries

Mali shuts schools amid fuel crisis, Russia pledges eme...

Mali has suspended school and university activities nationwide due to a worsenin...

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Top 10 African countries with the highest diesel costs in October 2025, priced in US dollars

Top 10 African countries with the highest diesel costs ...

In several African countries, diesel is the unseen thread that holds economies t...

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South African billionaire Patrice Motsepe completes a $1 billion copper play in Australia

South African billionaire Patrice Motsepe completes a $...

South Africa’s richest black billionaire, Patrice Motsepe, via Harmony Gold, Sou...

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