LUANDA, July 28 – Angola has raised 300.3 billion kwanzas ($327 million) after successfully selling a 15% stake in Unitel, the country’s …
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ACCRA, July 28 – The International Monetary Fund (IMF) has completed the sixth and final review of Ghana’s $3 billion Extended Credit …
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Banking & Finance
SADC Adds Angolan Kwanza to Regional Payment System in Boost for Cross-Border Trade
JOHANNESBURG, July 27 – The Southern African Development Community (SADC) has expanded its regional payment infrastructure by introducing the Angolan kwanza as …
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LILONGWE, July 27 – Malawi has commissioned a 20-megawatt (MW) utility-scale battery energy storage system, marking a major milestone in the country’s …
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Startups and Venture Capital
African Startups Raise $1.44 Billion in H1 2026 as Venture Capital Becomes More Concentrated
LAGOS, July 27 – African startups raised $1.44 billion during the first half of 2026, according to TechCabal Insights, broadly matching the …
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Mining
Sundance Resources Awarded $616 Million in Arbitration Victory Against Cameroon Over Iron Ore Project
YAOUNDE, July 27 – Australian mining company Sundance Resources has secured an arbitration award of approximately $616 million against Cameroon after an …
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Banking & Finance
Bank of Africa, Italy’s SACE Partner to Expand Financing for Strategic Projects Across Africa
RABAT, July 27 – Bank of Africa and SACE, Italy’s export credit agency owned by the country’s Ministry of Economy and Finance, …
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Sustainability
AfDB Warns Potential ‘Super’ El Niño Could Cost Africa Up to $20 Billion and Trigger Mass Migration
LAGOS, July 27 – A potential “super” El Niño weather event could reduce economic output across heavily affected African countries by between …
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DAKAR, July 25 – Senegal is expected to appoint global investment bank Lazard as its financial adviser on sovereign debt matters, a …
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LONDON, July 25 – Uber Technologies has agreed to acquire Delivery Hero in a transaction valued at $14.8 billion, a move that …