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Africa News
S. Africa’s current account deficit significantly narrowed in Q2, surplus at R187.4b
South Africa's current account deficit narrowed significantly in the second quarter of 2024, decreasing from R106.9…
Global labour income share faces prolonged decline – ILO
The International Labour Organisation (ILO) highlighted a global decline in the labour income share, which has…
IMF: S. Africa repayment capacity secure amid economic difficulties
The International Monetary Fund (IMF) has completed its Post Financing Assessment for South Africa, confirming the…
CBE Governor Hassan Abdalla reiterates commitment to supporting African financial…
Central Bank of Egypt (CBE) Governor Hassan Abdalla held bilateral meetings with the governors of the central banks…
China inks deal to revamp Mao-era railway in Zambia
China signed on Wednesday an agreement to revamp the Tazara railway, a vital transportation link between Zambia and…
Egypt’s c. bank to head African financial stability working group
The Assembly of Governors of the Association of African Central Banks (AACB) approved the Central Bank of Egypt…
Africa c. bank heads approve Egypt c. bank’s bid for financial stability
The Assembly of Governors of the Association of African Central Banks (AACB) approved a proposal by the Central…
S&P PMI: Zambia’s private sector downturn deepens in August
Zambia's private sector business conditions declined significantly in August, with the Stanbic Bank Zambia PMI®…
S&P PMI: Ghana’s private sector grows in August
Ghana's private sector experienced a return to growth in August, with the S&P Global Ghana Purchasing Managers’…
S&P PMI: Mozambique’s private sector grows for 4th month
Mozambique's private sector saw continued growth in August, as the Standard Bank Mozambique PMI rose to 50.9 from…