China, Africa’s main trade partner, has the potential to lead Africa’s energy revolution but must first address …
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Africa NewsFeature
AFC raises $1.16b syndicated loan to close Africa infrastructure gap
by Aya Anwarby Aya AnwarAFC, the main provider of infrastructure solutions in Africa, has closed its largest-ever debt facility, a $1.16 …
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Africa NewsBanksFeatureMoneyTech/AI
Africa’s sovereign bond rally continues unabated
by Aya Anwarby Aya AnwarAfrica’s sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like Ethiopia, Ghana, …
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Africa NewsBanksFeatureMoney
S. Africa’s current account deficit widens in Q4 ’23
by Aya Anwarby Aya AnwarSouth Africa’s current account deficit surged to R165.5 billion in Q4 2023 from R34.4 billion in Q3, …
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Africa NewsBanksFeatureMoney
Africa’s debt to remain above pre-pandemic levels through ’25 – UN official
by Aya Anwarby Aya AnwarAfrica’s public debt is projected to remain elevated above pre-pandemic levels in 2024 and 2025, with numerous …
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Africa NewsFeatureIndustry & TradeTech/AI
S. Africa’s Sasol’s revenues drop 34% in half-year
by Aya Anwarby Aya AnwarSouth African Sasol reported a 34 per cent decline in half-year profit on Monday, mainly attributed to …
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S. Africa’s rand strengthened early on Wednesday preceding December retail sales data, after falling more than 1 …
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Africa NewsFeatureIndustry & TradeMENA NewsTech/AI
Africa’s largest oil refinery begins production in Nigeria
by Aya Anwarby Aya AnwarAfrica’s biggest oil refinery had begun production in Nigeria, ending the long wait for planet according to …
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Africa NewsFeatureTech/AI
G20-led summit renews interest in Africa’s growth
by Aya El Sayedby Aya El SayedAfrican leaders are heading to Germany on Monday, 20 November, for the G20 Compact with Africa conference, …