Floods ravage Nigeria, killing 179 and displacing thousands
The devastating floods in Nigeria have caused widespread damage to infrastructure, agriculture, and livelihoods.
Floods ravage Nigeria, killing 179 and displacing thousands Read More »
economy
Egypt inflation slows, but central bank lending to govt surges
Egypt’s central bank has increased its lending to the government, fueling concerns about economic stability and inflation.
Egypt inflation slows, but central bank lending to govt surges Read More »
Ghana’s debt restructuring plan takes final steps
Investors in Ghana’s Eurobonds have a chance to swap their holdings for reissued bonds.
Ghana’s debt restructuring plan takes final steps Read More »
Inflation eases in South Africa, unemployment remains high
South Africa’s inflation rate fell to a three-year low in July, but the country’s economy continues to struggle with high unemployment and poverty.
Inflation eases in South Africa, unemployment remains high Read More »
Cocobod self-finances for first time in decades
Ghana’s cocoa regulator, Cocobod, will not raise a syndicated loan for the first time in over three decades, opting for self-financing to avoid high interest rates.
Cocobod self-finances for first time in decades Read More »
Rail bottlenecks to ease, boosting South Africa’s coal exports
Thungela Resources CEO expects South Africa’s coal exports to recover from next year as rail transportation challenges improve.
Rail bottlenecks to ease, boosting South Africa’s coal exports Read More »
Kenyan taxi industry in turmoil over price pressure
Kenyan taxi drivers are defying ride-hailing companies like Uber and Bolt by setting their own higher fares due to unsustainable prices and rising living costs.
Kenyan taxi industry in turmoil over price pressure Read More »
South Sudan overrides court, mandates cargo seals
South Sudan has imposed mandatory cargo sealing despite a court challenge from traders.
South Sudan overrides court, mandates cargo seals Read More »
Bondholders slam Ethiopia’s debt restructuring plan
Ethiopia’s government faces criticism from bondholders over its proposed 20% reduction in the principal of its $1 billion bond.
Bondholders slam Ethiopia’s debt restructuring plan Read More »
Diamond market slump gives Botswana edge in HB Antwerp deal
Botswana plans to double its stake in Belgian diamond dealer HB Antwerp without additional investment due to the diamond market downturn.
Diamond market slump gives Botswana edge in HB Antwerp deal Read More »