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Race to lead AfDB heats up as Adesina’s tenure nears end

May 30, 2025

As Akinwumi Adesina prepares to step down after a transformative decade as President of the African Development Bank (AfDB),five candidates from across the continent are competing to succeed him in a

Nigeria’s seaports under scrutiny as EU flags role in counterfeit trade

May 30, 2025

Nigeria’s seaports have come under renewed international scrutiny as the European Union released a report identifying the country as a major gateway for counterfeit goods entering West Africa and be

AfDB’s stormy forecast: 21 African currencies set to weaken against U.S. dollar in 2025

May 30, 2025

A new report from the African Development Bank (AfDB) warns that 21 out of 54 African currencies are projected to depreciate against the U.S. dollar in 2025,highlighting continued economic vulnerabil

African Banker Awards: Morocco’s Nadia Fettah Alaoui wins 2025 trophy of Finance Minister of the year

May 30, 2025

Nadia Fettah Alaoui,Morocco’s Minister of Economy and Finance,has been awarded the trophy of Finance Minister of the Year at the 2025 African Banker Awards in Abidjan.

Mauritania’s Sidi Ould Tah elected ninth president of the African Development Bank Group

May 30, 2025

Sidi Ould Tah of Mauritania was elected this Thursday President of the African Development Bank Group at the Bank’s Annual Meetings held in Abidjan,Côte d’Ivoire.

Morocco, World 3rd largest tomato exporter

May 28, 2025

Morocco has emerged as the world’s third-largest exporter of fresh tomatoes,driven by robust demand from European markets and a strategic shift toward high-value varieties,Morocco’s agri food expor

Oil-rich Libya faces fuel supply crisis as $1 billion in unpaid import bills mount

May 28, 2025

Oil-rich but war-torn Libya is teetering on the edge of a fuel supply crisis,with more than $1 billion in unpaid dues for imported fuel threatening to disrupt deliveries and deepen the country’s eco

Foreign debt, another facet of Algeria’s policy inconsistencies

May 28, 2025

Algeria is reportedly seeking a $3 billion loan from the Islamic Development Bank (IsDB) to finance a major railway infrastructure project. The loan is still pending approval by the bank’s governing

Morocco emerges as world’s most cost-efficient car-making powerhouse

May 28, 2025

Morocco has claimed the top spot as the most cost-effective country for automobile manufacturing,with its labor costs per vehicle,in addition to its modern production facilities,streamlined designs,a

African macroeconomic data credibility: IMF standards vs political realities

May 28, 2025

The Central African Republic has joined 33 African nations in adopting the Enhanced General Data Dissemination System (e-GDDS),the IMF’s intermediate standard for harmonizing macroeconomic data

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