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Africa News
WB: Ghana’s economic indicators on track for ’24
Ghana’s economic indicators remain on track for 2024 and beyond despite recent increases in exchange rate…
Egypt reinforces support for NEPAD, African development – PM
Egypt’s Prime Minister, Mostafa Madbouly, reaffirmed Egypt’s commitment to working closely with New Partnership for…
Dangote refinery seeks to expand crude imports
Nigeria's Dangote refinery is negotiating with Libya to secure crude for its 650,000 barrels per day (bpd) plant…
African credit rating agency up in ’25
A credit rating agency tailored to address the specific requirements of Africa’s sovereign borrowers is expected to…
South African Reserve Bank keeps repo rate unchanged amid economic challenges
South African Reserve Bank (SARB) decided on Thursday to leave interest rates unchanged in a split decision. Two of…
AfDB approves $1b loan for S. Africa’s Transnet
The African Development Bank (AfDB) has approved a $1 billion loan for South Africa's Transnet to support the…
IMF disburses $71m for Niger, forecasts 10.6% growth in ’24
The International Monetary Fund (IMF) concluded the Fourth and Fifth Reviews of Niger’s Extended Credit Facility…
TotalEnergies sells $860m stake in Nigeria onshore oil
TotalEnergies sells 10 per cent stake in Nigerian oil and gas licenses to Chappal Energies for $860 million.
S. African retail sales inch up 0.8% YoY in May
Statistics South Africa released retail sales data on Wednesday, showing a modest year-on-year increase but a…
S. African rand drops ahead US economic data
The South African rand experienced a slight dip against the US dollar in early Wednesday trade, ahead of the…
