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Business Insider Africa

Mayor's Private Sector Conference

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https://www.youtube.com/watch?v=sYjwT8ErH3U
African News

Kenyan traders protest against Chinese competitors

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The demo comes in the wake of controversy elicited by the coming of China Square retail outlet of general merchandise whose prices are on average 45 percent lower than those prevailing in locally owned enterprises, local media reports. China…
IMF

Top 5 economies in Sub-Saharan Africa to watch out for in 2023, according to IMF

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Just when Africa’s economy appeared to be recovering from the COVID-19 pandemic, a range of internal and external shocks struck such as adverse weather conditions, and the Russian invasion of Ukraine – all of which worsened already rapidly…
Business Insider Africa

Moroccans struggle to secure basic needs as prices rocket

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Moroccans visiting this vegetable and fruits in the city of Sale have been finding it harder and harder to buy from it. As inflation continues to rise, many people in the country are finding themselves priced out of certain things, including…
Business Insider Africa

Lack of cash crumbling business activities, livelihood in Nigeria

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Africa’s most populous country Nigeria has withdrawn 200-, 500- and 1000-naira notes from circulation following the redesign of the Nigerian currency. On 26 October 2022, Nigeria's Apex bank the central bank of Nigeria CBN announced the…
Business Insider Africa

Nigeria push for new currency notes creates crisis

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Nigeria's push to replace the local currency notes with newly designed ones is creating an economic crisis, with the limited cash in circulation hurting many people and businesses across the West African nation. The Central Bank of Nigeria…
Business Insider Africa

Tigray set to restart banking services after Ethiopia sends $90m

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The Ethiopian government said on Saturday it was sending about $90 million to the Tigrayan capital to help restart banking services in the country. Prime Minister Abiy's national security advisor, Redwan Hussein, announced on Twitter that…
Business Insider Africa

Tunisia milk market 'collapsing' as feed prices soar

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Noura paces around the center of Tunis in search of milk. "When I find it, I can not buy more than two bricks," she said about a shortage that illustrates the plight of a sector "in slow collapse. The Tunisian market absorbs 1.8 million…
Unsplash

U.S.'s Yellen tours Ford Assembling plant in Pretoria, hails Africa's economic potential

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US Treasury secretary Janet Yellen toured Thursday (Jan. 26) a Ford Motor plant in the South African capital. The plant is one of two in the country. Earlier that day, she met the Finance Minister Enoch Godongwana. Yellen's stop to…
Africa News

Ghana extends Domestic Debt Exchange deadline for 3rd time

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Ghana has for the third time extended the deadline of the debt exchange programme to Jan. 31, Finance Minister Ken Ofori-Atta said on Monday. The extension is to allow the government to build consensus while they engage with stakeholders’…
Business Insider Africa

Nigeria Restricts Cash Withdrawal to $44 a Week Per Individual

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Nigeria has officially restricted massive cash withdrawals from the bank beginning Monday the 9th January in an effort to cool off inflation. Nigerians will only be allowed to withdraw 44 dollars per week per individual and $11,000 for…