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Africa News
Baker Hughes to establish new liquid mud plant in Namibia
Baker Hughes, an energy technology company, is set to establish a new liquid mud plant and a separate assembly,…
OECD slightly raises S. Africa’s growth outlook for 24-25
The Organisation for Economic Co-operation and Development (OECD) updated its economic outlook for 2024-2025 on…
IMF, Malian reach staff-level agreement for $120m emergency financing
The International Monetary Fund (IMF) has reached a staff-level agreement with Malian authorities to provide…
World Bank head expects answers for African leaders’ request
World Bank President Ajay Banga expressed confidence that donor countries will fulfil African leaders' request for…
Uganda secures $295m loan from S. Arabia’s IDB
Uganda has recently inked a deal with the Islamic Development Bank (IDB) of Saudi Arabia, securing a $295 million…
S. Africa regards BHP bid typical market activity
South Africa regards BHP Group's proposed bid for Anglo American as typical market activity, according to Reuters…
African leaders urge record funds for development
African leaders on Monday urged wealthy nations to make record commitments to a low-interest World Bank programme…
Bridgewater, Global Citizen partner to aid developing nations
Bridgewater Associates and advocacy group Global Citizen have joined forces to offer macroeconomic research aimed…
Nigeria secures $600m seaport infrastructure investment w/ Maersk
Nigeria secured a significant $600 million investment in its seaport infrastructure from Danish shipping giant A.P.…
Namibia’s NAMCOR inks development deal with Chevron
Namibia's state-owned oil NAMCOR has inked a development agreement with Chevron, wherein the American energy giant…
