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Economy
Resources, markets, and the contest over the continent's wealth.
Economy - 8 July 2026
New Road Taxes Turn Manono-Nyunzu-Kalemie Corridor into Economic Challenge
Kalemie, Tanganyika, July 8, 2026 - The reopening of the Manono-Nyunzu-Kalemie road, once viewed as a major opportunity to revive trade and reconnect an isolated part of Tanganyika Province, is now generating growing…
By Amina Kabasele - 2 min read
Economy - 7 July 2026
NAEB Laboratory Strengthens Quality Control for Rwanda's Agricultural Exports
KIGALI, Rwanda, July 7, 2026 - Rwanda is strengthening the quality of its agricultural exports through an internationally accredited laboratory operated by the National Agricultural Export Development Board (NAEB)…
By Sarah Ndaya - 2 min read
Economy - 7 July 2026
Sudan Partners with China Harbour to Modernize Port Infrastructure
PORT SUDAN, July 7, 2026 - Sudan has signed a cooperation agreement with China Harbour Engineering Company (CHEC) to upgrade port infrastructure, modernize equipment, and strengthen the country’s position as a regional trade hub.
By Jean-Marc Okito - 2 min read
Economy - 6 July 2026
Sudan Turns to Alternative Economic Alliances Amid Pressure from Western Sanctions
KHARTOUM, July 6, 2026 - Sudan’s government has adopted new economic strategies aimed at reducing the impact of Western sanctions and limiting the country’s dependence on traditional financial and trade partners, as the…
By Jean-Marc Okito - 2 min read
Economy - 6 July 2026
DRC Enacts Local Content Law to Increase Congolese Participation in Natural Resource
Kinshasa, July 6, 2026 - The Democratic Republic of Congo has taken a major step toward strengthening local participation in its economy with the enactment of a Local Content Law aimed at ensuring that the country's…
By Amina Kabasele - 2 min read
Economy - 6 July 2026
Tadjourah Launches Initiative to Empower Young Entrepreneurs
Tadjourah, July 6, 2026 - Djibouti's Tadjourah region has launched a new initiative to strengthen youth entrepreneurship, bringing together local authorities, development partners, and aspiring business owners in a bid…
By Sarah Ndaya - 2 min read
Economy - 5 July 2026
Djibouti and Algeria Explore New Energy and Mining Cooperation Opportunities
DJIBOUTI CITY, July 5, 2026 - Djibouti and Algeria are seeking to strengthen cooperation in strategic sectors including energy, hydrocarbons, mining, and technical expertise, as officials from both countries discuss new…
By Sarah Ndaya - 2 min read
Economy - 5 July 2026
Djibouti Strengthens African Economic Integration Through High-Level AU Talks
Addis Ababa, July 5, 2026 - Djibouti reaffirmed its commitment to African economic integration as Minister of Trade and Tourism Orbis Elaf Orbis held high-level discussions with the Chairperson of the African Union…
By Amina Kabasele - 2 min read
Economy - 5 July 2026
Zambia Hails Rwanda's Development as Model for Africa
LUSAKA, Zambia, July 5, 2026 - The Zambian government has described Rwanda's transformation since the 1994 Genocide against the Tutsi as a source of inspiration and an important lesson for Africa, praising the country's…
By Amina Kabasele - 2 min read
Economy - 4 July 2026
Sudan Withdraws Small Banknotes as Inflation Weakens Pound’s Value
KHARTOUM, July 4, 2026 - Sudan’s Central Bank has announced the withdrawal of small-denomination banknotes from circulation, giving citizens a three-month period to deposit the affected currencies into commercial bank…
By Sarah Ndaya - 2 min read
Economy - 4 July 2026
Gatsibo Rice Farmers Invest Over Rwf3.1 Billion in Community Development Projects
GATSIBO, Rwanda, July 4, 2026 - A rice farmers' cooperative in Gatsibo District has invested more than Rwf3.1 billion in community development projects, including a hotel, a farmers' supply store, healthcare services…
By Sarah Ndaya - 2 min read
Economy - 4 July 2026
Sudan Revokes Fintech License Amid Scrutiny Over Digital Banking Expansion
KHARTOUM, July 4, 2026 - Sudan’s Central Bank has revoked the operating license of Al-Asjad for Smart and Digital Solutions, a local financial technology company, following controversy surrounding its recent launch and…
By Jean-Marc Okito - 2 min read