economic reforms Stories

Kenya ranked Africa’s most competitive economy in International Institute for Management Development 2025 Index
Lucy Mumbi  |  Dec 01, 2025

Kenya has been ranked Africa’s most competitive economy and 56th globally in the IMD 2025 World Competitiveness Ranking, reflecting structural reforms...

AU warns Africa’s debt crisis is deepening as loan repayments outpace social spending
Bashir Mbuthia  |  Nov 11, 2025

The AU says more than half of Africans now live in countries spending more on debt repayments than on social services, calling for urgent G20-led refo...

Somalia seeks additional Sh5 billion to print new banknotes
Abdirahman Khalif  |  Sep 16, 2025

The limited supply of the currency and its outdated design have created significant difficulties for citizens, businesses, and government institutions...

IMF releases $10 million to support Somalia’s ongoing economic reforms
Abdirahman Khalif  |  Jul 10, 2025

The funding is aimed at helping Somalia maintain macroeconomic stability and build stronger institutions in line with its National Transformation Plan...

Nigeria's President says economic reforms will continue despite hardships
Reuters  |  Jun 12, 2024

Tinubu acknowledged hardships caused by the reforms, which also include higher interest rates and the partial removal of electricity subsidies, but sa...

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