Economic

Economic by AfricaHeadline unpacks the numbers, policies, and trends shaping Africa’s economies. From agriculture to fintech, trade to inflation, we break down what’s driving growth, and what’s holding it back. With expert insights and grassroots perspectives, we connect economic data to everyday African lives.

Oil prices steady as investors weigh Ukraine tensions and Chinese

Lagos, Nigeria – Global oil prices have shown stability for the second consecutive session as
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Dangote Refinery sets new standard for Africa’s Oil and Gas

Lagos, Nigeria – The Dangote Refinery, a $20 billion megaproject in Lagos State, Nigeria, is
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Angola achieves stability in the electric sector

Johannesburg, South Africa – Angola’s stability in the electric sector marks a significant milestone, reflecting
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Niger: Economy surges amid growth and ongoing challenges

Niamey, November 17, 2024 – Niger’s economy is undergoing a significant transformation, driven by impressive
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Egypt and Angola rank among top IMF debtors

African Economies Struggle with Debt Burden Lagos, Nigeria – Five African nations feature prominently in
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AfDB allocates $102.79 million for climate-resilient agriculture in West Africa

Johannesburg – The African Development Bank (AfDB) has approved $102.79 million in funding to advance
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Nigeria secures $1.2 billion deal with Chinese firm to revamp

Lagos – Nigeria has signed a landmark $1.2 billion deal with the Chinese state-owned China
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Kagame, Sassou Nguesso advocate for Africa’s green wealth at COP29

Lagos – In a passionate call at COP29, President Paul Kagame and President Denis Sassou
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Africa’s carbon wealth central to new economic calculations

At COP29, African nations issued a joint statement urging the world to include natural assets
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African leaders demand inclusion of natural wealth in GDP calculation

Lagos – At COP29 in Baku, African leaders called for a redefinition of Gross Domestic
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