CAIRO, July 31 – The International Monetary Fund (IMF) has approved approximately $1.8 billion in new financing for Egypt after completing the …
Emmanuel Ebube
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NAIROBI, July 31 – Kenya’s annual inflation accelerated slightly in July, remaining above the midpoint of the Central Bank of Kenya’s target …
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Energy
Egypt Secures Alternative Energy Supplies After Drone Attack Damages Gas Vessel at Damietta Port
CAIRO, July 31 – Egypt has secured alternative energy supplies to meet domestic demand after a drone attack damaged a gas vessel …
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LAGOS, July 30 – Seplat Energy Plc, a leading Nigerian energy company has signed a legally binding agreement to sell a 10% …
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JOHANNSBURG, July 30 – South Africa’s government has appointed Seiso Mohai, Deputy Minister in the Presidency for Planning, Monitoring and Evaluation, as …
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LUSAKA, July 30 – Zambia’s annual inflation rate remained unchanged at 6.5% in July, reflecting continued price stability as the appreciation of …
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Mining
Japan Invests Up to $33.9 Million in Namibia Rare Earth Project to Strengthen Critical Minerals Supply
WINDHOEK, July 30 – The Japan Organization for Metals and Energy Security (JOGMEC) will invest up to C$47.7 million ($33.9 million) in …
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MAPUTO, July 29 – The Bank of Mozambique has kept its benchmark MIMO policy rate unchanged at 9.25%, extending a pause in …
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LONDON, July 30 – A potential super El Niño is unlikely to trigger sovereign credit rating downgrades across Africa and other emerging …
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ADDIS ABABA, July 29 – Africa’s first continental credit rating agency is set to launch on 6 October in Mauritius, marking a …