economic reforms

Ethiopia Set to Receive $468 Million IMF Funding as Economic Reforms Advance

Ethiopia is poised to receive an additional $468 million from the International Monetary Fund (IMF) after reaching a staff-level agreement on the fifth review of its $3.4 billion Extended Credit Facility (ECF) programme.The latest disbursement, which remains subject to...

Elumelu Highlights Key Strategies for Food Security

Chairman of Heirs Holdings, Tony Elumelu, has urged African governments to deepen collaboration with the private sector to revitalise rural economies and accelerate agribusiness growth across the continent.Elumelu made the appeal at the 49th Governing Council meeting of the...

Nigeria Set to Become Africa’s Third-Largest Economy in 2026

Nigeria, Africa’s fourth-largest economy in 2025, is poised to climb to third place in 2026, according to the International Monetary Fund (IMF). Data from the IMF’s World Economic Outlook (October 2025 edition) shows Nigeria’s gross domestic product (GDP) at current...
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Binani Air Marks 30 Days of Operations, Targets Growth and Customer Satisfaction

Nigeria’s newest indigenous carrier, Binani Air, has marked its first 30 days of commercial operations, describing the milestone as...
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