Tag: Economy

Portside Tower
BusinessHot News

South Africa’s economy grows fastest in three years amid reforms

South Africa’s GDP grew 1.1 percent in 2025, its fastest pace in three years, driven by agriculture, trade, and finance sectors.

Omokolade Ajayi Omokolade Ajayi
Hot News

Unemployment in South Africa falls to lowest level since 2020

South Africa’s unemployment rate drops to 31.4 percent in fourth quarter 2025, lowest since 2020, as hiring improves modestly.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

East Africa pulls ahead as Africa’s growth leader amid global uncertainty

East Africa is set to lead Africa’s growth in 2026, supported by investment, trade links and steady expansion despite global uncertainty.

Omokolade Ajayi Omokolade Ajayi
South Africa welcomes 7.2 million tourists in 2024, generating over $5 billion in revenue
Hot NewsTourism

South Africa welcomes 7.2 million tourists in 2024, generating over $5 billion in revenue

South Africa welcomed 7.2 million tourists in 2024, generating over $5 billion in revenue and creating 1.5 million jobs, bolstering its economy and global appeal.

Feyisayo Ajayi Feyisayo Ajayi
Growing number of African nations are diversifying their economies
BusinessExclusiveHot News

Why Africa’s projected 4.2% growth in 2025 is a turning point for the continent

Africa’s economic revival is unfolding in a way that is both significant and encouraging.

Omokolade Ajayi Omokolade Ajayi
Dangote Cement
BusinessExclusive

Dangote Cement loses $1 billion in value, remains Africa’s largest cement producer

Naira devaluation slashes Dangote Cement’s dollar valuation.

Omokolade Ajayi Omokolade Ajayi
Port Louis, Mauritius
BusinessExclusive

Top 7 countries with the richest citizens in Africa

While these nations boast high GDP per capita figures, their economic stability is often shaped by unique challenges, including over-reliance on oil, tourism, or mineral exports.

Omokolade Ajayi Omokolade Ajayi
Johannesburg, South Africa.
BusinessExclusiveHot News

Top 10 Countries with The Biggest Economies in Africa

At a Glance When the conversation turns to the top economies in Africa—or the world—the focus often falls on Gross Domestic Product (GDP), a measure that captures the sum of a nation's consumption, investment, and net exports. GDP figures offer a snapshot of economic size, and on this scale, nations like Egypt, South Africa, Nigeria, Algeria, Morocco, and Ethiopia lead…

Omokolade Ajayi Omokolade Ajayi
Boutique Hotels in Africa
LuxuryTourism

Ten Best Boutique Hotels in Africa

shore.africa chronicled ten of best Africa's boutique hotels. Let's delve into it

Feyisayo Ajayi Feyisayo Ajayi