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Africa News
Ghana likely to maintain current rates
Ghana is expected to maintain the current interest rates to combat high inflation and stabilise the official…
Ghana cocoa regulator seeks $1.5b loan
Ghana's cocoa regulator plans to borrow up to $1.5 billion by September to finance cocoa purchases for the 2024/25…
Zimbabwe approves Musk’s Starlink
Zimbabwe's telecommunications regulatory authority has approved Elon Musk's Starlink, the satellite arm of SpaceX,…
Kenya, Everstrong ink $3.6b highway deal
Kenya's highways authority and US infrastructure investment manager Everstrong Capital have inked a $3.6 billion…
US set to pour fresh investments in Kenya
Joe Biden and Kenyan President William Ruto are set to unveil investments in green energy and health manufacturing…
Vivo Energy to increase S. Africa investment
Vivo Energy, backed by Vitol, will inject 10 billion rand ($550.79 million) into its South African operations…
Microsoft, G42 invest $1b in Kenya data centre
Microsoft and UAE-based G42 are teaming up for a $1 billion investment in a Kenya data center, fueled by geothermal…
Sharm El Sheikh’s African Tourism Forum goes annual
The organisers of the African Tourism Forum 2024 in Sharm El Sheikh announced on Wednesday that the forum will be…
TotalEnergies advances development of Angola’s $6b Kaminho oil project
TotalEnergies is moving forward with the advancement of the Kaminho oil project 100 kilometers off the coast of…
Nigeria raises rates to 26.25%
Nigeria's central bank has implemented a significant adjustment, raising its benchmark lending rate from 24.75 per…
