South Sudan’s banking sector is showing resilience despite economic turmoil. Co-operative Bank’s return to profitability, digital transformation and support for farmers, traders and cooperatives highlight how finance can expand opportunity and help build a more inclusive economic future.
The Nigerian naira is under renewed pressure as demand for U.S. dollars increases. Experts point to imports, overseas payments, and FX supply challenges, while ongoing reforms, export diversification, and stronger investment are expected to improve long-term currency stability.
Kenya’s National Infrastructure Fund enters a defining phase under founding CEO James Mworia. With a KSh5 trillion target, it aims to attract private capital, reduce reliance on public debt and finance infrastructure that creates jobs, strengthens communities and drives economic growth.
Kenya’s National Infrastructure Fund enters a defining phase under founding CEO James Mworia. With a KSh5 trillion target, it aims to attract private capital, reduce reliance on public debt and finance infrastructure that creates jobs, strengthens communities and drives economic growth.
South Sudan’s banking sector is showing resilience despite economic turmoil. Co-operative Bank’s return to profitability, digital transformation and support for farmers, traders and cooperatives highlight how finance can expand opportunity and help build a more inclusive economic future.
The Nigerian naira is under renewed pressure as demand for U.S. dollars increases. Experts point to imports, overseas payments, and FX supply challenges, while ongoing reforms, export diversification, and stronger investment are expected to improve long-term currency stability.
The IMF says AI could boost Sub-Saharan Africa’s economy by up to 4% over the next decade if governments invest in reliable electricity, affordable internet, digital skills, and AI governance. Stronger infrastructure and policies could unlock jobs, productivity, and inclusive growth.
Nigeria says it is on track to double crude oil production to 3 million barrels per day by 2030 through reforms, stronger security, and increased investment. The ambitious target aims to boost economic growth, create jobs, and reinforce the country's position as Africa's leading oil producer.
Kenya has secured Dangote Group's proposed 700,000-barrel-per-day oil refinery, positioning the country as East Africa's leading energy hub. The landmark investment is expected to create thousands of jobs, strengthen regional energy security, reduce fuel imports, and drive industrial growth.
Apple has raised prices on some products, citing soaring chip costs and AI-driven demand. The move has sparked debate among customers over the rising cost of technology, while highlighting broader industry challenges. Competition and innovation may still deliver greater value in the future.
Africa faces renewed debt pressures, but IMF African Department Director Zeine Zeidane says many countries have made real progress through stronger policies and reforms. Innovation, responsible leadership and international cooperation are creating a stronger foundation for sustainable growth.
