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South Africa’s Inflation Slow To 11-Month Low In April 2023

South Africa's economy breathes a sigh of relief as headline consumer inflation slowed to an 11-month low at 6.8%.

Nigeria’s Central Bank Raises Interest Rate To Curb Inflation

However, Nigeria's economy is not known to behave 'typically'. Inflation has been rising in 2023 despite several MPR moves.

Eko Rice To Hit Lagos Markets In June 2023

Nigeria's 5 million tonnes (or 5 billion kg) production output is not enough to satisfy local demand which exceeds 6 billion kg per year. So, imports are satisfying the deficit despite the ban.

Nigeria Approves National Diary Policy To Encourage Backward Integration

Nigeria plans to produce 1.6 billion liters of milk every year under the new policy, which will mean raising current milk production by 68%.

IMF Says UK Will Avoid Recession, Grow 0.4% In 2023

IMF's managing director Kristalina Georgieva praised the UK government for taking decisive and responsible actions.

Kenyan Farmers Employ Bees To Stop Elephants Invading Farms

Elephants farm raids have led many farmers to change practice and choose safer crops. Some have fought back, killing these animals who need protecting as well.

Lagos Free Zone To Add $12Bn To Nigeria’s GDP By 2032

t is not clear why many companies have not begun taking advantage of the benefits that operating inside the LFZ gives, especially local ones. In fact, a news release showed that the most prominent tenants are Kellogg’s, Colgate, Arla Foods and BASF, all of which are international brands.

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