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African economy

  • Friday, 31 October, 2025
    Africa takes lead in emerging market rally as ‘real’ assets attract investors

    Record metals prices, a weak dollar and painful reforms are paying off for the continent’s markets

    Employees in matching maroon vests work at computer terminals on the trading floor of the Nigerian Stock Exchange.
  • Thursday, 23 October, 2025
    Special ReportFT Wealth: October
    How kidnapping became a lucrative business in Nigeria

    The elite are responding to abductions and demands for huge ransoms by hiring police for personal security

    Folarin Banigbe standing outdoors in front of trees, looking to the side with a serious expression.
  • Wednesday, 22 October, 2025
    South Africa
    US politicising South Africa trade talks, foreign minister says

    Ronald Lamola tells FT Africa Summit that Washington wants to include Black empowerment and land policies in negotiations

    Ronald Lamola, right, and David Pilling on stage at the FT Africa Summit.
  • Wednesday, 22 October, 2025
    FT News Briefing podcast11 min listen
    South Africans question future of Black empowerment policies

    A growing number of critics say the post-apartheid programme hinders economic development

  • Tuesday, 21 October, 2025
    African companies
    African e-mobility company to raise $100mn in round led by Afreximbank

    Spiro set to accelerate production of electric motorbikes across Africa

    A person wearing a blue helmet and yellow safety vest rides a motorcycle along a winding road with mountains and a lake in the background.
  • Friday, 17 October, 2025
    News in-depthSouth African economy
    South Africans question future of Black empowerment policies

    A growing number of critics say the post-apartheid ANC programme hinders economic development

    A montage of South African President Cyril Ramaphosa and the Starlink logo in the background
  • Thursday, 9 October, 2025
    David Pilling
    Why powering business is the real lightbulb moment for Africa

    The idea to bring electricity to 300mn Africans is laudable but the assumptions are flawed

    A roadside vendor sits in a dimly lit booth surrounded by charging phones, wires, and a laptop, offering phone charging services.
  • Wednesday, 8 October, 2025
    Global Economy
    US aid cuts were ‘long overdue’, Zambia’s president says

    Hakainde Hichilema tells FT abrupt closure of USAID was a ‘shock’ but offers opportunities for African nations

    Hakainde Hichilema stands in front of an ornate wood panel and patterned wallpaper, wearing a dark suit and red tie.
  • Sunday, 5 October, 2025
    News in-depthBurundi
    Burundi endures ‘worst economic crisis in a country not at war’

    Central African nation struggles to emerge from poverty and conflict as president promises reform

  • Thursday, 2 October, 2025
    News in-depthSouth African economy
    Trump tariffs pummel South African carmakers

    Automotive exports to US plunge after levies imposed, piling pressure on Cyril Ramaphosa’s coalition

    A person walks past a large billboard advertising the Ford Ranger outside the Ford Silverton Plant in Pretoria, South Africa.
  • Tuesday, 30 September, 2025
    Oil & Gas industry
    Exxon CEO sought security assurance from Mozambique for $30bn project 

    US oil major in final stages of deciding whether to go ahead with LNG export terminal amid jihadist insurgency

    Rwandan police helping Mozambican forces in Cabo Delgado in 2021
  • Saturday, 27 September, 2025
    Global trade
    Trump adviser signals support for renewing US-Africa trade pact

    Massad Boulos says administration backs ‘objectives’ of 25-year-old Agoa, which will lapse next week

    Kassim Abdalla Zingizi holds a freshly caught yellowfin tuna by the tail, with boats and a palm tree in the background.
  • Thursday, 25 September, 2025
    Looming end of US-Africa trade deal set to hit continent’s exporters

    If the African Growth and Opportunity Act lapses, success stories such as Lesotho’s jeans manufacturers will be hit

    Rows of workers at sewing machines in Precious Garments Inc’s factory, with most wearing face masks and focused on garment production.
  • Tuesday, 23 September, 2025
    Nigeria
    Nigeria cuts interest rates for first time in five years

    First reduction since Covid-19 pandemic comes amid falling inflation and stabilisation of the naira

    A street vendor balances a large container on her head while walking past an outdoor market with furniture and plants under high voltage power lines.
  • Monday, 8 September, 2025
    Hydropower
    Africa’s largest dam triggers alarm down the Nile

    Ethiopia celebrates opening of giant hydropower project while Sudan and Egypt warn of threat to water security

    The Grand Ethiopian Renaissance Dam
  • Thursday, 4 September, 2025
    Patrick Njoroge
    A financial meltdown in Africa will affect the world

    Tariffs, aid cuts and high borrowing costs have left many of the world’s fastest-growing economies at risk

    Pedestrians in the Nairobi’s financial district
  • Thursday, 4 September, 2025
    Botswana
    The sparkle is fading in Africa’s diamond heartland

    Botswana, one of Africa’s richest countries, is trying to shake off dependence on De Beers and precious stones

    A close-up of a diamond held by metal tweezers above a circular metal surface at KGK’s diamond cutting and polishing facility.
  • Tuesday, 19 August, 2025
    Special Report
    African Development

    Governments of African countries need to adapt to the cuts in assistance; development finance institutions could fill gaps left by the retreat of aid; Japan eyes low-cost debt to mitigate aid cuts; Malawi introduces teaching tablets to children across the country

    Pharmacist Joseph Njer Airo inspects boxes of antiretroviral drugs labeled “USAID”
  • Tuesday, 19 August, 2025
    Special ReportAfrican Development
    Energy inequality: the challenge of bringing affordable, reliable access

    Overhauling ageing power grids, low carbon systems and nuclear are some of the options African countries are adopting

    Mduduzi Shandu, age 29, throws out coal ashes before starting a new fire in his home on November 27, 2024 in Komati, Mpumalanga Province, South Africa
  • Tuesday, 19 August, 2025
    Special ReportAfrican Development
    The main obstacle to raising agricultural yields is ‘African governments’

    Economic adviser Wandile Sihlobo discusses the impact of cuts to aid and the difficulties in increasing crop production

    Local farmers checking on their mushroom farm at Kalojuka village in Kotido district on July 23, 2025 in Karamoja region, Uganda
  • Tuesday, 19 August, 2025
    Special ReportAfrican Development
    Africa must deal with a world of shrinking aid

    Despite the sweeping cuts to financial assistance there has been surprisingly little protest from the continent’s nations

    In the medical stockroom of Kuoyo Sub-county Hospital in Kisumu, a nurse holds a USAID-labeled box containing ARVS antiretroviral medicine on April 24, 2025
  • Tuesday, 19 August, 2025
    Special ReportAfrican Development
    Sowing the seeds of education through interactive learning

    Malawi has handed out adaptive teaching tablets to children across the country to teach basic literacy and numeracy

    A child looking at a tablet that has a chicken on the screen
  • Tuesday, 19 August, 2025
    Special ReportAfrican Development
    African public lenders are accessing markets to diversify their funding

    The difficulty for these financial institutions is how far they can issue these debts at scale

    Mauritania’s Sidi Ould Tah delivers remarks after he was elected as the new president of the African Development Bank group in Abidjan on May 29, 2025
  • Tuesday, 19 August, 2025
    Special ReportAfrican Development
    Japan eyes low-cost debt to mitigate Africa blow from aid cuts

    There is scope for Tokyo to do more through public loans without increasing spending

    Teacher interacting with students in uniform inside a classroom with posters on the wall
  • Sunday, 17 August, 2025
    News in-depthNigeria
    Nigeria’s factories go local to survive currency turmoil

    After second devaluation of the naira, manufacturers overhauled supply chains to source more materials domestically

    A quality control inspector wearing safety gear examines clear glass bottles on a conveyor belt in a bottle factory
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