Africa is grappling with multiple crises, including a 183 per cent debt increase since 2010, quadruple the …
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Africa News
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Africa NewsEnergyFeatureIndustry & Trade
OPEC+ expresses excitement over Namibia partnership
by Aya Anwarby Aya AnwarThe Organization of the Petroleum Exporting Countries (OPEC+) expressed excitement about the prospect of Namibia partnership and …
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Africa NewsBanksFeatureMoney
World Bank pauses $150m funding for Tanzanian tourism project
by Aya Anwarby Aya AnwarThe World Bank halted $150 million funding for a Tanzanian tourism project, responding to long-standing appeals from …
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Africa NewsFeatureMoney
Zimbabwe’s ZiG shfit quashes more than 330% ZSE surge in ’24
by Aya Anwarby Aya AnwarZimbabwe’s recent currency shift has quashed a more than 330 per cent surge in the Zimbabwe Stock …
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Africa NewsFeature
Angola aims to re-enter international bond markets in ’24
by Aya Anwarby Aya AnwarAngola aims to re-enter the international bond markets this year with a $1 billion bond, Finance Minister …
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Africa NewsFeature
Morocco’s OCP initiates roadshow for international bond
by Aya Anwarby Aya AnwarMoroccan phosphate and fertilizer producer OCP has initiated an investor roadshow for an international bond, aiming to …
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South Africa’s central bank is now expected to enact a mere 50 basis points of interest rate …
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South Africa plans to use future withdrawals from its Gold and Foreign Exchange Contingency Reserve Account to …
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Nigeria has reached an agreement with Shell for the supply of gas to its proposed $3.8 billion …
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Africa NewsEgypt NewsFeatureNews
Egypt urges debt relief to boost Africa’s development
by M.S.Salamaby M.S.SalamaEgypt’s Finance Minister, Dr. Mohamed Maait, stressed the detrimental impact of Africa’s financing gap on development investment …
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