Bezos’ Amazon stock sale closed at $8.5bln
Jeff Bezos completed the plan to sell up to 50 million shares in just nine trading days by offloading 14 million…
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Mozambique’s Maputo port in $2bln capacity expansion plan
Mozambique's Maputo port, which has grown to be a major hub for the world's exported chrome will see a $2 billion…
China’s coal slows as renewable energy in focus
China's coal is slowing with top mining regions limiting growth and directing investment toward clean energy.
Copper, gold price boost likely – Goldman
Copper and gold are likely to see an immediate price boost due to probable U.S. Federal Reserve interest rate cuts.
Thailand seeks emergency rate cut
The Prime Minister of Thailand Srettha Thavisin requested that the central bank call an emergency meeting of its…
EGX closes mixed on Feb. 20
Egypt’s stock market (EGX) closed mixed on Tuesday. The main index, EGX30 declined by 0.41 per cent, to 29,330.66…
Shell anticipates growth in German biomethane market
Shell anticipates growth in the German biomethane markets, where its clientele is looking for decarbonised energy.
S. Africa’s unemployment rate surges to 32.1%
South Africa’s unemployment rate rose by 2 per cent to stand at 32.1 per cent in the fourth quarter of 2023 from…
Nigeria’s unemployment rate surges 5%
Nigeria’s unemployment rate rose by 5 per cent in the third quarter of 2023 due to a crisis in the cost of living…
Uganda estimates spending UGX53.3tn on current financial year
Uganda's government estimates spending 53.3 trillion shillings ($13.74 billion) for the fiscal year that begins in…