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Africa News
Ghana to finalise external debt restructuring soon – President
President Nana Akufo-Addo expressed Ghana's commitment to completing the external debt restructuring process as…
Egypt, Nigeria to boost competition protection
The Egyptian Competition Authority’s (ECA) head Mahmoud Momtaz met with his Nigerian counterpart to discuss…
CBN’s governor challenged by rate decision
Nigeria’s central bank governor, Olayemi Cardoso is facing a difficult challenge as he’s about to announce his…
Zambia signs deal with China, India to rearrange debt
Zambia’s dollar debt increased following a government announcement confirming that China and India, the last two…
S. Africa’s Sasol’s revenues drop 34% in half-year
South African Sasol reported a 34 per cent decline in half-year profit on Monday, mainly attributed to weaker oil…
Cabinet approves Egypt’s FEDA membership
The Egyptian Cabinet approved on Thursday a draft presidential decree regarding the country’s membership of the…
BNR keeps key rate unchanged
Rwanda's central bank (BNR) decided to keep its key interest rate steady at 7.5 per cent on Thursday.
Bank of Botswana holds policy rate unchanged
Bank of Botswana maintained its main interest rate at 2.40 per cent while reducing its projection for this year's…
Mozambique’s Maputo port in $2bln capacity expansion plan
Mozambique's Maputo port, which has grown to be a major hub for the world's exported chrome will see a $2 billion…
S. Africa’s unemployment rate surges to 32.1%
South Africa’s unemployment rate rose by 2 per cent to stand at 32.1 per cent in the fourth quarter of 2023 from…
