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Africa News
Kenya’s private sector activity rebounds in Feb
Kenya's private sector activity rebounded in February, marking its first expansion since August supported by easing…
S. Africa’s private sector expands in Feb
South Africa witnessed a resurgence in private sector activity in February after a six-month downturn buoyed by…
Africa’s debt to remain above pre-pandemic levels through ’25 – UN official
Africa's public debt is projected to remain elevated above pre-pandemic levels in 2024 and 2025, with numerous…
Namibia optimistic on economic outlook for 23-24
Namibia recorded an estimated economic growth of 5.6 per cent last year and anticipates a growth of 4.0 per cent…
Ghana to finalise external debt restructuring soon – President
President Nana Akufo-Addo expressed Ghana's commitment to completing the external debt restructuring process as…
Egypt, Nigeria to boost competition protection
The Egyptian Competition Authority’s (ECA) head Mahmoud Momtaz met with his Nigerian counterpart to discuss…
CBN’s governor challenged by rate decision
Nigeria’s central bank governor, Olayemi Cardoso is facing a difficult challenge as he’s about to announce his…
Zambia signs deal with China, India to rearrange debt
Zambia’s dollar debt increased following a government announcement confirming that China and India, the last two…
S. Africa’s Sasol’s revenues drop 34% in half-year
South African Sasol reported a 34 per cent decline in half-year profit on Monday, mainly attributed to weaker oil…
Cabinet approves Egypt’s FEDA membership
The Egyptian Cabinet approved on Thursday a draft presidential decree regarding the country’s membership of the…