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Africa News
S. African rand steady in early trading
The South African rand remained stable in early trading on Tuesday at 18.90 against the U.S. dollar, compared to…
IMF confident in world economic outlook
The International Monetary Fund’s chief, Kristalina Georgieva, on Monday expressed confidence in the world economic…
Egypt’s EPICO plans to inject EGP 800 mln investments in ’24
Egyptian International Pharmaceutical Industries (EIPICO) plans to invest over 800 million Egyptian pounds in 2024…
Kenya announces $2bln bond-buyback programme
Kenya announces that it would be selling new securities and making an offer to buy back its $2 billion in debt.
Diamond producer De Beers sings 3 new contracts with Angola
Diamond producer De Beers, a division of Anglo America, has inked three new contracts with Angola to support…
Uganda central bank keeps rates at 9.5%
The Bank of Uganda (BoU) leaves its benchmark rate unchanged at 9.5 per cent as inflation remains below its…
Bill Gates, Jeff Bezos-backed KoBold Metals to develop Zambian copper mine
KoBold Metals which is based in California announced that it may consider partnerships to expedite the development…
Shell to establish gas supply facility for Dangote fertiliser in Nigeria
Shell Plc has decided to move forward with the establishment of a gas supply facility in Nigeria to feed a…
Vodafone’s overall organic services grow 4.7%
Vodafone Group Plc witnessed an overall organic revenue increase of 4.7 per cent to €9.38 billion ($10.1 billion)…
Nigeria devalues currency for 2nd time
Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
