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Africa News
CBE’s Hassan Abdalla: Anchoring inflation expectations is key
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), emphasised on Wednesday the importance of managing…
Afreximbank: Africa’s economies expected to grow by 3.8% in ’24
African economies are expected to grow by 3.8 per cent in 2024, exceeding the global forecast of 3.2 per cent, with…
Zambia to establish new mineral investment entity
Zambia is gearing up to establish a fresh entity dedicated to investment and trading in minerals, aiming to…
Ghana reaches deal with creditors
Ghana has finalised a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC), chaired by…
Egypt to support Guinea’s agriculture development
In a bid to bolster agricultural development in Guinea, the Egyptian Minister of Agriculture has pledged unwavering…
Kenya seals IMF agreements
Kenya and the International Monetary Fund (IMF) have sealed a staff-level agreement on the seventh review of…
Morocco’s Tanger Med port to surpass nominal containers capacity
Morocco's Tanger Med port anticipates surpassing its nominal processing capacity of 9 million containers this year,…
Afreximbank supports Fidelity Bank’s expansion with $40m facility
Afreximbank has disbursed a $40 million Intra-African Investment Facility to Fidelity Bank Nigeria Plc.
Nokia eyes expanding operations in Egypt
HMD Global, the parent company of Nokia Mobile, reiterates its commitment to expand manufacturing in Egypt. In a…
Nigeria’s NNPC receives Afreximbank $925M crude oil-backed loan
Afreximbank has allocated $925 million to Nigeria's state-owned NNPC as part of a syndicated $3.3 billion…