Energy deals signed between South Africa, China at BRICS summit

South Africa, China sign power deals during BRICS summit

9 African countries may default on debt to China

Sudan ranked seventh in terms of the highest debt to China and the total Chinese loans to African countries reached $696 billion

Oil prices up after supply chain concerns, low output

Oil up over tight global supply concerns

Crude oil prices decline by over 3% for the week ending August 18

Oil prices down over 3% during week ending Aug. 18

Zimbabwe to retain 30% of carbon credit revenue

Zimbabwe to take 30% of carbon credit revenue

Nigerian naira surges significantly on black market

Nigeria’s naira gains sharply on black market

Saudi Arabia’s June crude oil exports reach lowest level in 21 months

Saudi Arabia oil exports hit 21-month low in June

Egypt to commence sugar trading on commodities exchange

Egypt set to launch sugar trading on commodities exchange

Google to offer digital skills training to 20,000 Nigerians

Google plans to provide digital skills training to 20,000 Nigerians

Kenya reverses course and reinstates small fuel subsidy

Kenya reinstates small fuel subsidy in government U-turn

South Africa’s unemployment rate declines to 32.6% in second quarter

South Africa’s unemployment rate dips to 32.6% in Q2

Swiss UBS agrees to $1.4B settlement for securities fraud

Swiss UBS to pay $1.4B for fraud in mortgage-backed securities

Oil prices rise due to China’s policy rate cut and weakening dollar

Oil prices up with China’s policy rate cut, weak dollar

Sudanese start inventive businesses to survive conflict

Sudanese start small businesses to survive war

Guinea signs new accords for rail, port infrastructure at iron mining site

Guinea inks new agreements for rail and port facilities at iron mining site

DR Congo announces major interest rate hike

DR Congo’s central bank has announced a sharp increase in its main interest rate

South African manufacturing output rises 5.5% in June

South Africa’s manufacturing output rose 5.5% year on year in June

China’s exports drop double digits in July

China’s exports dropped 14.5% year-on-year in July, more than market expectations

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