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    African economy

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    • Monday, 23 January, 2023
      Zambia
      China is ‘barrier’ to ending Zambian debt crisis, says Janet Yellen

      US Treasury secretary wants progress from Beijing on deal that has taken ‘far too long’ to resolve

    • Sunday, 8 January, 2023
      Eskom Holdings SOC Ltd
      Boss of South African power producer Eskom survived poisoning attempt in December

      André de Ruyter, who resigned after trying to overhaul the troubled utility, claims he was given cyanide-laced coffee

    • Friday, 6 January, 2023
      News in-depthEni SpA
      Eni calls for south-north energy axis between Europe and Africa

      Italian group’s chief pushes for closer collaboration as EU seeks to replace Russian imports

    • Sunday, 1 January, 2023
      David Pilling
      Corrupt, failing Eskom is a picture of South Africa in miniature

      Without reliable power, the country cannot generate economic growth and overcome the festering legacies of apartheid

    • Monday, 19 December, 2022
      Justice Malala
      South Africa needs to move beyond the ANC

      Ramaphosa’s re-election as party president buys him a bit more time at the helm but does little for the country

    • Monday, 19 December, 2022
      Ghana
      Ghana halts payments on large swaths of foreign debt

      Highly indebted African nation is facing a ‘major economic and financial crisis’

    • Tuesday, 13 December, 2022
      Ghana
      Ghana reaches preliminary $3bn deal with IMF

      Officials in Accra must agree conditions with other creditors before three-year loan is signed off

    • Thursday, 1 December, 2022
      David Pilling
      Ghana faces rude awakening as the tide of cheap money recedes

      More countries will be unable to pay their debts after Covid and Ukraine, but ‘malevolent forces’ may not be the only problem

    • Friday, 25 November, 2022
      LexGhana
      Ghana: admission of default is a welcome reality check Premium content

      Risks are priced in with yields on the country’s sovereign bonds barely budging on the news

    • Monday, 21 November, 2022
      South Africa
      Eskom warns of lack of funds to fuel South Africa’s back-up power plants

      State electricity monopoly ‘urgently’ working with treasury to find money to buy diesel

    • Wednesday, 16 November, 2022
      LexNigeria
      Nigeria: energy boom has yet to benefit the economy Premium content

      Investors must hope a new government next year will tackle fuel subsidies and currency issues

    • Wednesday, 16 November, 2022
      Ghana
      Ghana’s economy battling ‘malevolent forces’, says president

      In a reversal of fortune, west African nation now has one of world’s worst performing currencies

    • Wednesday, 26 October, 2022
      South Africa
      South Africa to transfer up to two-thirds of Eskom debt to government

      Finance minister says move will ensure long-term financial viability of state electricity monopoly

    • Friday, 21 October, 2022
      David Pilling
      Why Africa is central to the climate change conundrum

      Unless we expect the continent to stay poor forever, its carbon emissions will rise dramatically

    • Wednesday, 19 October, 2022
      Glencore
      Zambia questions ex-minister over alleged Glencore political payment

      Anti-Corruption Commission probe in African nation is latest headache for trading house

    • Tuesday, 18 October, 2022
      DR Congo
      DR Congo leader rules out deploying Russian mercenaries to quell rebels

      Félix Tshisekedi says country will rely on its own army to fight militia as he pledges to push ahead with economic plans

    • Sunday, 16 October, 2022
      Tunisia
      Tunisia reaches preliminary agreement on $1.9bn IMF loan

      Deal will help reassure other donors that the country is committed to reforms

    • Monday, 10 October, 2022
      Lesotho
      Diamond magnate set to lead Lesotho government

      Sam Matekane vows to stop landlocked country in midst of South Africa becoming ‘failed state’

    • Thursday, 6 October, 2022
      Global Economy
      Zambia’s chance to set the global financial architecture

      Where Lusaka leads, others will follow?

    • Wednesday, 5 October, 2022
      Muhammadu Buhari
      The west must return Africa’s stolen assets, as well as its artefacts

      Waiting for unspecified ‘progress’ to be achieved before releasing funds looted by corrupt former leaders is unconscionable

    • Wednesday, 5 October, 2022
      Special Report
      Africa’s Fastest Growing Companies

      African companies ranked by growth in revenue, compiled with data company Statista. Plus: digitising informal trade and agriculture; success stories invite investment; banking on the unbanked; solar power shines; will co-working work on the continent?

    • Tuesday, 27 September, 2022
      Currencies
      Nigeria raises rates by 150 basis points as inflation surges

      Bigger than expected move comes after naira hits fresh low against the dollar

    • Friday, 23 September, 2022
      Nigeria to relaunch national airline two decades after predecessor’s collapse

      Outgoing president Muhammadu Buhari seeks to cement legacy with rebranded Nigeria Air

    • Monday, 19 September, 2022
      Turbulence in Nigeria dollar market hits airlines and investors

      Chronic shortage of currency tips into crisis as African power giant fails to profit from rising oil prices

    • Thursday, 15 September, 2022
      Nigeria
      Nigerian inflation hits 17-year high

      Food inflation soared to 23% in August on the back of higher cost of essentials including cereals and meat

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