Mozambique’s dollar bond experienced a decline for the third consecutive day on Wednesday. Tradeweb data revealed the bond’s price fell as concerns about public unrest persisted. The country’s only eurobond, maturing in 2031, dropped 0.54 cents to 84.92 on the dollar. This decline represents a loss of over two cents since Friday. Full results from

The situation escalated on Saturday when gunmen killed an opposition lawyer and a party official in Maputo

Despite optimism surrounding Saudi Crown Prince Mohammed bin Salman’s visit to Egypt.

Ivory Coast’s cocoa crop is flourishing due to abundant rainfall, but quality issues and financing challenges are impacting the industry.

Mali will repay 200 billion CFA francs ($332 million) of its internal debt to alleviate its economic burden, as announced by the economy minister.

The newly opened Lafigue Mine aims for 200,000 ounces of annual gold production by 2025, with a $415 million investment by Endeavour Mining, further boosting Ivory Coast’s mining industry.

The International Monetary Fund (IMF) has completed its first review of Ethiopia’s $3.4 billion lending program, approving a $340.7 million disbursement, the IMF announced on Friday. This marks a significant step in Ethiopia’s economic reform efforts under the four-year program secured in July. The financing arrangement follows key reforms by Ethiopia, including the floating of

The Egyptian government has implemented another fuel price hike, which is expected to have a significant impact on the cost of goods and services.

Lesetja Kganyago, the governor of South Africa’s central bank, advocates for reducing the inflation target.

As part of its economic reform agenda, Ethiopia has resumed the partial privatization of Ethio Telecom, offering 10% of its shares to the public.

Kenya explores $1.5 billion loan with the UAE to address economic challenges and diversify financial sources.

Brazzaville has suspended state-funded travel for government officials and other state agents to reduce costs amid a budget crisis.

The East African nation is exploring alternative financing sources after domestic unrest led to the suspension of tax hikes and delays in disbursements from the IMF

Shell’s exit from Nigeria’s onshore operations has hit a roadblock as the regulator has rejected its proposed sale to Renaissance Group.

Eramet’s strategic decision to reduce production at its key mines reflects the current challenges facing the global mineral industry.

The IMF is calling for more aggressive fiscal tightening to stabilize debt levels

Senegal’s government has launched a 25-year development plan aimed at achieving economic sovereignty through diversification.

Despite Sudan crisis, growth is expected to remain above last year’s levels, supported by increased private consumption and investment.

Turkish construction firm, Yapi Merkezi, has won the contract to build Uganda’s 272-kilometer standard gauge railway.

Congo, a major producer of copper, cobalt, and diamonds, has long sought to expand its oil sector, though the process has been fraught with controversy

Senegal’s government, led by Prime Minister Ousmane Sonko, is launching a plan to end foreign dependency and debt by investing in local resources and human capital.

The IMF has approved reforms that will significantly reduce borrowing costs for its members, providing much-needed relief to struggling economies.

The joint venture involving Shell, TotalEnergies, and Eni will deliver gas to Nigeria’s Brass fertilizer plant, which is expected to cut fertilizer imports by 30%.

The disruption has tightened the global market for the key aluminium ingredient, driving prices higher.