Economy News The World Economy’s Biggest Problem Is Africa
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-South African economy plunged during strict lockdown
South Africa's economic output plunged in the second quarter, recording its largest contraction ever as a strict lockdown to curb the spread of the coronavirus shut down most activity, data showed on ... Read More
Nigeria's economy growing but high food prices a burden, World Bank says
Nigeria has made significant progress in stabilizing its economy through recent policy reforms but needs to do more to improve living standards and tackle soaring food prices, the World Bank said in a ... Read More
World Bank Says Africa Must Boost Jobs Amid Simmering Gen Z Anger
Africa’s labor force will almost double by 2050 and the continent urgently needs large-scale job creation to meet the demands of young people whose frustrations have already sparked Gen-Z protests. Read More
Africa’s Leaders Call For a United Push to Create the Next ‘Climate Economy’
Delegates queue to enter the plenary hall for the opening of the High-Level Leaders Summit at the Second Africa Climate Summit (ACS2) in Addis Ababa, on September 8, 2025. (Photo by Luis TATO / AFP) ... Read More
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