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Economy

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Aliko Dangote walks alongside Ethiopian Prime Minister Abiy Ahmed on a red carpet at an airport in Ethiopia while supporters wave Ethiopian flags and a private jet stands in the background.

Dangote Group’s Ethiopian Investments Exceed $4 Billion, Driving East African Industrial Growth

Dangote Group's investments in Ethiopia have reportedly surpassed $4 billion, a figure highlighted by Arise News, underscoring the Nigerian conglomerate's expanding industrial presence in East Africa and its commitment to pan-African market development.

  • Tumisang Bogwasi
  • August 29, 2026
Vice-President and Finance Minister of Botswana speaking at a podium during the 2026/2027 National Budget Speech in Parliament.
  • Economy, Governance, Government

Botswana 2026/2027 Budget: Fiscal Reset, Structural Reform and the High-Stakes Turn to Transformation

Botswana’s latest budget marks a decisive shift from diamond dependence toward private-sector-led transformation, with fiscal consolidation and structural reform at its core.

  • Tumisang Bogwasi
  • July 1, 2026
Large crowds of people walking along a city roadway during a protest in Iran, viewed from above.
  • Economy

Protests Break Out in Iran Over Inflation and Corruption

Rising inflation and corruption are fueling protests in Iran, highlighting deep economic strain and weakening public trust.

  • Tumisang Bogwasi
  • August 29, 2026
A digital gas station sign showing the price of regular gasoline at $2.99 per gallon.
  • Energy, Governance, Politics

US Gas Prices Fall Below $3 Nationwide, Lowest Since 2021

Gas prices across the U.S. have plunged to their lowest level since 2021, offering relief to consumers and businesses while reshaping the inflation outlook.

  • Tumisang Bogwasi
  • July 1, 2026
A panoramic aerial photo of Gaborone, Botswana, showing city buildings, roads, and residential areas with distant hills under a clear sky.
  • Economy, Governance

Botswana’s Economy Shrinks: Analysts Warn of a “Lost Decade”

Botswana is facing one of its toughest economic periods in decades as diamond revenues fall, reserves shrink, and experts call for rapid diversification to prevent long-term stagnation.

  • Tumisang Bogwasi
  • July 1, 2026
A close-up photo showing Nigerian ₦200 and ₦500 banknotes stacked on a dark surface.
  • Economy

Nigeria’s Foreign Reserves Hit $46 Billion

Nigeria hits a major milestone as foreign reserves climb to $46B, driven by stronger oil revenues, FX reforms, and renewed investor inflows; marking a stabilising shift in economic momentum.

  • Tumisang Bogwasi
  • July 1, 2026
A man wearing a dark suit, blue tie, and glasses speaks on stage against a yellow backdrop displaying the Bloomberg Africa Business Summit branding.
  • Economy, Governance

Enoch Godongwana on South Africa’s Fiscal Future

Enoch Godongwana breaks down South Africa’s complex fiscal future, highlighting the urgent need for reform, efficiency, and disciplined leadership to restore long-term economic stability.

  • Tumisang Bogwasi
  • July 1, 2026
Donald Trump speaking passionately during a White House meeting, wearing a dark suit, white shirt, and red tie.
  • Governance, Government, Politics

Donald Trump Proposes New Stimulus Checks of Up to $2,000 for Americans

The administration is touting up to $2,000 per person paid from tariff revenues. We unpack the proposal, the path through Congress, the macro trade‑offs, and what investors and operators should watch next.

  • Tumisang Bogwasi
  • August 29, 2026
Chinese government spokesperson in a suit speaks at a podium in front of the Ministry of Commerce of China signage.
  • Economy

China Denies Trade Talks with U.S., Demands End to ‘Unilateral’ Tariffs

As tariffs soar, China holds firm: no U.S. talks without respect and equality. Global markets react to rising uncertainty in trade diplomacy.

  • Tumisang Bogwasi
  • August 29, 2026
Jerome Powell speaks at a podium with a serious expression, an American flag in the background.
  • Economy, Markets

Powell has ‘botched the job on inflation,’ economic experts say: Fed Politics, Interest Rates, and the Future of U.S. Trade Policy

Fox Business panel calls for Jerome Powell’s removal, citing failed inflation control and interference in Trump’s trade strategy.

  • Tumisang Bogwasi
  • August 29, 2026
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