JOHANNESBURG, July 24 – Toyota South Africa Motors rolled its first ninth generation Hilux off the Prospecton assembly line in Durban on …
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RABAT, July 24 – Morocco’s economy is expected to grow by 4.2% in 2026, moderating from the 4.9% expansion recorded in 2025, …
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DAKAR, July 24 – Mali expects its industrial gold production to remain below 60 metric tons per year through 2029, according to …
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RABAT, July 24 – The African Development Bank (AfDB) has approved a €100 million ($114 million) loan to support the construction of …
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JOHANNESBURG, July 24 – South Africa’s Deputy Finance Minister David Masondo has resigned as chairperson of the board of the Public Investment …
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Credit Ratings
Tanger Med Receives Investment-Grade Ratings from S&P and Moody’s Amid Expansion Plans
RABAT, July 24 – Morocco’s Tanger Med Port Authority (TMPA) has received its first long-term investment-grade credit ratings from both S&P Global …
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JOHANNESBURG, July 23 – The South African Reserve Bank (SARB) left its benchmark repo rate unchanged at 7% on Thursday, defying market …
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LAGOS, July 23 – The Dangote Petroleum Refinery & Petrochemicals FZE has resumed the sale of petroleum products in naira, reversing its …
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Mining
African Rainbow Minerals Approves $927 Million Bokoni Expansion, Restarts Nkomati Nickel Mine
JOHANNESBURG, July 23 – South African mining company African Rainbow Minerals (ARM) has approved a phased R15.2 billion ($927.3 million) expansion of …
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Banking & Finance
South African Lender Absa Nears Deal to Merge Tanzania Banking Operations into Larger Entity
JOHANNESBURG, July 23 – South African lender Absa Group Ltd. is nearing an agreement to consolidate its banking operations in Tanzania as …
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