Oil up on Thursday
Oil prices rose slightly after a two-day drop, driven by unrest in the Middle East and an unexpected rise in US…
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India, Russia renew talks to boost local currency trade local – sources
Indian and Russian central banks are in renewed discussions to establish a mechanism for expanding local currency…
EIA releases analysis on Egypt’s energy
The US Energy Information Administration (EIA) has recently released a Country Analysis Brief on Egypt's energy…
China-Africa trade rises 5.5% to $166.6b in H1 of ’24
Trade between China and Africa rose 5.5 per cent year on year to 1.19 trillion yuan (about $166.6 billion) from…
Bank of Zambia maintains policy rate amid high inflation
Bank of Zambia decided on August 12-13, 2024, to keep the Policy Rate at 13.5 per cent. Despite inflation exceeding…
Bank of Namibia cuts repo rate to 7.50%
Bank of Namibia has lowered on Wednesday the repo rate by 25 basis points to 7.50 per cent to support the economy…
Egypt bourse heading north
Egypt’s stock exchange (EGX) closed in the green area on Wednesday, with the main index, EGX30 rising by 0.80 per…
Ghana CPI rises 20.9% YoY per cent in July
Ghana's Consumer Price Index (CPI) for July 2024 reached 231.0, marking a substantial rise from 191.0 in July 2023.
Egypt eyes stable FDI inflows to fuel economic growth – PM
In a strategic move to bolster Egypt’s economic growth, Prime Minister Dr. Mostafa Madbouly has instructed the…
Egypt to boost energy investment, exploration
Prime Minister Mostafa Madbouly underscored the importance of advancing petroleum and gas exploration through the…