The high cost of petrol in oil-producing countries is the result of a combination of market forces, policies, and economic factors.This elevated cost of petrol, or Premium Motor Spirit (PMS), can be ...

As countries continue to pivot from France, Paris too has begun implementing a new Africa strategy launched in late 2024: There are plans to permanently reduce troop presence in countries that have ...

Nigeria recorded constant currency growth of 35% in Q3. East Africa and Francophone Africa also showed strong performances with growth rates of 23% and 10.2%, respectively. Investments in financial ...

Good afternoon, ladies and gentlemen, and welcome to the Airtel Africa Nine Month 2025 Results Update. All participants will be in listen-only mode. There will be an opportunity to ask questions later ...

Africa is grappling with deep-rooted economic challenges such as financial exclusion, hyperinflation, and dependence on ...

The withdrawal of U.S. funding is a wake-up call for Zimbabwe to reclaim its sovereignty by addressing systemic corruption, managing its resources responsibly, and prioritizing self-reliance.

Shoprite continues to see sales growth, with its sales for the final six months of 2024 hitting over R128 billion.

THE Financial Reporting Council of Nigeria (FRC) has issued a detailed statement clarifying the application of International Accounting Standard (IAS) 29, Financial Reporting in Hyperinflationary ...

South African President Cyril Ramaphosa has signed into law a bill enabling the state to expropriate land without ...

According to Olowo, "Determining hyperinflation requires significant judgment and ... AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 400 news and information ...

The ripple effects of South Africa's economic performance significantly impact Zimbabwe through trade, investment and ...

Federal Government has welcomed the ceasefire agreement between Israel and Hamas, expressing optimism that it will bring ...