1. Home
  2. Development & Economy

Category: Development & Economy

Development & Economy
ECOWAS Backs Nigeria–Morocco Gas Pipeline

ECOWAS Backs Nigeria–Morocco Gas Pipeline

The Economic Community of West African States (ECOWAS) has officially endorsed the Nigeria–Morocco Atlantic Gas Pipeline, describing it as one of the continent’s most ambitious regional infrastructure projects and a strategic investment in West Africa’s

Africa
Tinubu Calls for ECOWAS Action on Afrophobic Attacks

Tinubu Calls for ECOWAS Action on Afrophobic Attacks

President Bola Ahmed Tinubu has called on leaders of the Economic Community of West African States (ECOWAS) to adopt a united and coordinated response to the growing wave of Afrophobic attacks targeting African migrants and

Africa
African Economic Conference 2026 Launches Policy Network

African Economic Conference 2026 Launches Policy Network

Abidjan recently hosted a landmark summit, launching a continental network of chief economists. This strategic initiative aims to bolster Africa's long-term resilience against geoeconomic fragmentation and severe monetary volatility. Introduction to the Abidjan Summit From

Development & Economy
Nigeria Offshore Oil Discovery: Renaissance Strikes Crude

Nigeria Offshore Oil Discovery: Renaissance Strikes Crude

In a landmark moment for Nigeria’s upstream sector, Renaissance Africa Energy has officially announced a massive hydrocarbon discovery at the JK-004 exploration well in Oil Mining Lease (OML) 74. Located in the prolific shallow waters

Development & Economy
Senegal Economic Reform Agenda Faces Heavy Debt Hurdles

Senegal Economic Reform Agenda Faces Heavy Debt Hurdles

Senegal is reaffirming its commitment to fiscal discipline, investment promotion, and economic diversification as the government advances reforms designed to strengthen long-term economic resilience. The renewed focus reflects Dakar’s determination to restore investor confidence while

Development & Economy
Namibia Exits FATF Grey List: A New Dawn for Economic Confidence

Namibia Exits FATF Grey List: A New Dawn for Economic Confidence

Namibia has officially announced its removal from the Financial Action Task Force (FATF) "grey list," a significant development that marks a pivotal moment for the Southern African nation's economic trajectory. This decision comes after Namibia

Africa
Mombasa Declaration: Bold Transparency But No Enforcement Teeth

Mombasa Declaration: Bold Transparency But No Enforcement Teeth

MOMBASA, Kenya — On the final day of the 11th Our Ocean Conference, fifteen countries from Africa, Asia, Europe, the Caribbean and the Pacific signed their names to a document that, if honoured, could begin

Africa
Africa Food Security Crisis: El Niño, War, and Structural Failure

Africa Food Security Crisis: El Niño, War, and Structural Failure

A single document published by the European Commission's Joint Research Centre (JRC) lays out a grim reality for African agriculture. Written in the clear language of satellite data and yield projections, the June 2026 Anomaly

Development & Economy
Morocco Overtakes South Africa in AfDB Industrialisation Index

Morocco Overtakes South Africa in AfDB Industrialisation Index

The geopolitical and economic gravity of African manufacturing has shifted decisively northward.  In its newly released Africa Industrialisation Index report, the African Development Bank (AfDB) officially named Morocco Africa’s top-ranked industrialized economy. This historic milestone

Development & Economy
Ruto Intervenes: Kenya’s Transport Strike Ends After Fuel Price Cut

Ruto Intervenes: Kenya’s Transport Strike Ends After Fuel Price Cut

The recent unrest in Kenya was a direct response to escalating fuel prices, which had been steadily climbing due to global market disruptions, particularly the conflict in the Middle East impacting oil supply routes through