Kenya Launches $500 Million Debt Buyback and Issues New Eurobonds to Ease Financing Pressure
NAIROBI, Feb 18 – Kenya has launched a $500 million debt buyback programme alongside plans…
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Turkey, Ethiopia Sign Energy and Economic Cooperation Agreements
ANKARA, Feb 18 - Turkey and Ethiopia signed multiple agreements on energy, trade and technical cooperation in Addis Ababa on…
Liberia’s Iron Ore Output Set to Triple Amid ArcelorMittal Expansion
CAPE-TOWN, Feb 17 - Liberia expects iron ore production to reach 30 million metric tons in 2026, up from around…
Dangote Secures $400 Million Machinery Deal to Accelerate Refinery Expansion
LAGOS, Feb 17 - Nigeria’s Dangote Group has signed a $400 million equipment agreement with China’s Xuzhou Construction Machinery Group…
Zambia Lifts Suspension on Mopani’s Mufulira Mine Operations
LUSAKA, Feb 17 - Zambia’s Minerals Regulation Commission said on Monday that it has lifted the suspension on underground operations…
Nigeria Telecom FDI Rises to $392.92 Million in Nine Months as Q3 Inflows Surge
LAGOS, Feb 17 - Foreign direct investment into Nigeria’s telecommunications sector rose to $392.92 million between January and September 2025,…
Africa’s Electricity Financing Gap Emerges as the Continent’s Most Critical Economic Constraint
LAGOS, Feb 16 - Africa’s long term economic transformation may ultimately depend not on theoretical access to capital, but on…
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South Africa Business Confidence Index Falls to 131.4 but Remains at Strong Levels
JOHANNESBURG, Feb 17 – South Africa’s business confidence declined modestly in January, though overall sentiment…
Ghana Pays $909 Million DDEP Interest as Debt Restructuring Shows Fiscal Progress
ACCRA, Feb 11 – Ghana has paid 10 billion cedis, equivalent to approximately $909 million,…
Senegal Expects to Meet $480 Million March Eurobond Payment on Time
DAKAR, Feb 18 – Senegal expects to make more than $480 million in Eurobond payments…
DR Congo to Buy Back $354.3 Million in 2032 Notes
KINSHASA, Feb 18 – The Democratic Republic of Congo said it will buy back about…
Turkey, Ethiopia Sign Energy and Economic Cooperation Agreements
ANKARA, Feb 18 – Turkey and Ethiopia signed multiple agreements on energy, trade and technical…
IMF Urges Mozambique to Tighten Fiscal Policy as Debt and Financing Risks Mount
MAPUTO, Feb 18 – The International Monetary Fund has called on Mozambique to implement stronger…
MTN Moves to Acquire Full Ownership of IHS Towers in $6.2 Billion Deal
JOHANNESBURG, Feb 17 – MTN Group has agreed to acquire full ownership of IHS Holding…
Liberia’s Iron Ore Output Set to Triple Amid ArcelorMittal Expansion
CAPE-TOWN, Feb 17 – Liberia expects iron ore production to reach 30 million metric tons…
South Africa Unemployment Rate Drops to 31.4%, Lowest Level Since 2019
JOHANNESBURG, Feb 17 – South Africa recorded a modest improvement in its labour market in…