JOHANNESBURG, April 18 – Africa’s fastest-growing fortunes are increasingly being routed through family offices, as the continent’s wealthy move to institutionalize capital, …
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WASHINGTON, April 17 – Angola is in talks with the African Development Bank for a $165 million budget support loan as it …
LONDON, April 17 – Global energy prices tumbled after Iran’s Foreign Minister Abbas Araghchi said the Strait of Hormuz “is declared completely open.” easing …
KINSHASA, April 17 – The Democratic Republic of Congo is set to become sub-Saharan Africa’s fifth-largest economy in 2026, overtaking Ethiopia, according …
JOHANNESBURG, April 17 – State-owned utility Eskom is set to sign a three-year wage agreement with the majority of its workforce, securing …
HARARE, April 17 – The International Monetary Fund has approved a 10-month Staff-Monitored Program for Zimbabwe aimed at consolidating recent economic stabilization …
LAGOS, April 16 – The Dangote Petroleum Refinery is rapidly becoming a critical supplier of jet fuel to Europe, capitalizing on supply …
RABAT, April 16 – Morocco’s phosphates giant and world-leading fertilizers producer, OCP Group has raised $1.5 billion through its first international hybrid …
KINSHASA, April 16 – The Democratic Republic of Congo has established a strategic reserve for cobalt and other critical minerals, aiming to …
WASHINGTON, April 16 – Uganda has appointed Citibank to mobilize financing for its planned €2.7 billion ($3.19 billion) Standard Gauge Railway project, …
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