Business Outlook Africa

IMF and Guinea-Bissau Reach Staff-Level Agreement on Eleventh Review of Extended Credit Facility

The International Monetary Fund and Guinea-Bissau have reached a staff-level agreement on economic policies that could…

Iran says Strait of Hormuz is ‘open’ but tracking shows few ships moving

Iran’s foreign minister has said the Strait of Hormuz has reopened for commercial vessels, but added…

Africa’s Growth Momentum to Slow in 2026, IMF Warns

The International Monetary Fund (IMF) has projected a slowdown in Africa’s economic growth momentum for 2026,…

Abu Dhabi to Host 2029 World Bank Group and IMF Annual Meetings

The United Arab Emirates, Abu Dhabi specifically will host the 2029 Annual Meetings of the World…

Zimbabwe Suspends Exports Of All Raw Materials

Zimbabwe has suspended exports of all raw minerals and lithium concentrates with immediate effect. The decision,…

IMF Completes Final Reviews of Benin’s EFF, ECF and RSF Programmes

The Executive Board of the International Monetary Fund (IMF) completed the seventh and final review of…

Sub-Saharan Africa Records Slow Progress on Women’s Economic Rights

The World Bank Group has released the 2026 edition of its Women, Business and the Law…

Dangote to List Refinery Shares for Nigerians Within Five Months

Nigerian businessman Aliko Dangote has disclosed that within the next four to five months, Nigerians will…

Government Initiates UNCLOS Arbitration to Resolve Ghana–Togo Maritime Boundary Dispute

The Government of Ghana has officially informed the Government of Togo of its decision to settle…

IMF Approves New Funding for Burkina Faso to Boost Economic Stability and Climate Resilience

The Executive Board of the IMF has completed the fourth review of Burkina Faso’s Extended Credit…