Economy
Cameroon Launches Nationwide Drive to Recover Lost Revenue From Its Gold Sector
Cameroon has initiated a nationwide effort to recover unpaid taxes and customs revenues from gold production, driven by discrepancies between…
Economy
Economy
Senegal Signals Possible Debt Restructuring as IMF Talks Grind On
Senegal is contemplating public debt restructuring amid ongoing negotiations with the International Monetary Fund (IMF) following the revelation of undisclosed…
Economy
Closing the Missing Middle: Global Innovation Fund Secures $50 Million for GIF Growth, a Permanent Blended Finance Vehicle for Impact Enterprises
The Global Innovation Fund (GIF) has achieved a significant milestone by securing $50 million for its new blended finance vehicle,…
Economy
Doubling Down: Egypt Unveils Roadmap to Take Engineering Exports From $6.5 Billion to $13 Billion by 2030
By African Meridian | Media Egypt has announced an aggressive industrial roadmap to double its engineering exports from $6.5 billion…
Economy
The Inflation Gap: Why Africa’s Biggest Economies Are Paying Twice the World’s Price
Despite a global inflation average of 4.7%, Africa's largest economies are grappling with average inflation rates close to 10%, undermining…
Economy
Trading Toward Equality: AfCFTA Initiatives Put Women-Led Businesses at the Center of Africa’s Growth Story
The African Continental Free Trade Area (AfCFTA) is prioritizing women’s economic empowerment as part of its integration efforts, focusing on…
Economy
The Repayment Squeeze: Africa Faces a $47–50 Billion Annual Debt Wall
African economies are facing a significant financial burden, with annual external principal repayments stabilizing between $47 billion and $50 billion.…
Economy
It’s Not Just the Size of the Debt — It’s the Shape: Experts Push for a New Financing Architecture
As Africa faces a significant debt crisis, experts emphasize that the focus should shift from the total debt volume to…
Economy
The Second Wave: African Fintech Moves From Payments to Investing and AI Credit
Africa's fintech sector is evolving, moving from basic payments to advanced services like retail investment products and AI-driven credit risk…
Economy
AfCFTA Digital Trade Forum Confronts a Stubborn Number: Intra-African Trade Still Just 16%
On July 1 and 2, 2026, African leaders convened in Lagos for the AfCFTA Digital Trade Forum, addressing the ongoing…
Economy
Africa’s Fintech Grows Up: Investors Now Demand Profits, Not Just Users
Africa's fintech sector is transitioning to a more disciplined phase, aiming for a projected valuation of $65 billion by 2030.…
Economy
Ghana Bets on Its Gold: New Policy Requires State to Buy 30% of Large-Scale Output
Ghana is implementing a resource-retention policy requiring the government to buy 30% of large-scale gold production. This initiative aims to…
Economy
Ethiopia’s Coffee Earnings Cross $3 Billion for the First Time
Ethiopia has achieved a significant milestone in its coffee industry, surpassing $3 billion in coffee export revenue for the first…
Economy
African Stock Markets Are Having a Breakout Year, Outpacing Global Benchmarks
The African Meridian Newsroom · Pan-African · 1 July 2026 While South Africa grapples with migration unrest, a different story…
Economy
The African Diaspora Sends Over $100 Billion Home Each Year — More Than All Foreign Aid Combined
The African diaspora contributes over $100 billion annually in remittances to the continent, surpassing total international aid. This money is…
Economy
Africa’s Soft Power Summit Returns to Nairobi, Betting Culture Can Become an Economic Engine
The Africa Soft Power Summit in Nairobi, held on July 1, 2026, focused on converting Africa's vast cultural influence into…
Economy
Cross-Border Trade in West Africa Still Stuck at 15%, Despite 40 Years of ECOWAS Integration
A recent round-table in Banjul, The Gambia, highlighted significant challenges to regional trade in West Africa, particularly non-tariff barriers and…