Section
Macro & Economy
GDP, inflation, central bank decisions, sovereign debt, and what the World Bank and IMF are publishing about African economies.
Articles
AI could disrupt 40% of global jobs – IMF warns
The IMF says almost 40 percent of jobs worldwide are exposed to AI. Here is what that exposure means, why it varies by income level, and what it could mean for Africa.
BREAKING: IMF raises Nigeria’s growth forecast to 4.2%, acknowledges Nigerians are suffering
The IMF has lifted Nigeria’s 2026 growth projection to 4.2% and left the 2027 forecast at 4.3%. The Fund cited improved stability but warned that higher food and energy prices are deepening poverty and hardship for households.
Nigeria’s cash transfers need an audit trail, not just tighter controls
Nigeria has drawn most of its World Bank social safety-net financing and introduced stricter identity checks. Public trust still hinges on proof that the money reached eligible households and that failures were corrected.
Cote d'Ivoire: Foreign direct investment, net inflows (BoP, current US$), 2025
Foreign direct investment net inflows into Côte d’Ivoire rose to $2.03 billion in 2025, according to UNCTAD data. The figure marks a recovery from the previous year’s lower level and continues a multi-year upward trend in investment.
FMDA projects Nigeria’s current account surplus at $8.69bn in Q3 on stronger oil earnings
The Financial Markets Dealers Association projects Nigeria’s current account surplus will widen to $8.69 billion in the third quarter of 2026. The forecast rests on lower import demand and elevated crude oil prices after a $7.54 billion surplus in Q2.
DMO raises N968.47 billion as 364-day stop rate falls to 15.85% despite strong demand
The Debt Management Office allotted N968.47 billion at its latest Treasury bills auction, above the N900 billion on offer. Strong demand for the one-year bill pushed its stop rate down to 15.85% while shorter tenors stayed undersubscribed.
AU Launches African Credit Rating Agency in Mauritius
The African Union has launched the Africa Credit Rating Agency in Port Louis. The independent body aims to provide Africa-focused credit assessments for sovereigns, institutions and companies, with first ratings expected in early 2027.
Lagos withdraws licences of six PSP waste operators
Lagos State has withdrawn the operating licences of six PSP waste operators after capacity shortfalls. One exited voluntarily; five were terminated. Service continuity has been promised.
We have to balance long-term investments with subscribers’ current liquidity needs – Ihechere, MD/CEO, Trustfund Pensions
Trustfund Pensions CEO Uche Ihechere says Nigeria's pension funds must balance long-term growth with retirees' present-day liquidity needs — here's what that balance looks like after the industry's recapitalisation.
AfDB moves to help African countries improve credit ratings, cut borrowing costs
The AfDB is launching an initiative to fix the data gaps driving up African borrowing costs — only 3 of 54 countries currently hold investment-grade ratings.
Fasthire leads AI adoption conversation at NSE PH technical evening
Fasthire Services led a discussion on AI adoption at the NSE Port Harcourt Technical Evening, urging engineers to master the tools or risk being left behind.
