Finance

JOHANNESBERG, July 9 – South Africa’s National Treasury has suspended part of its funding to Johannesburg and dozens of other municipalities over …

DAR ES SALAAM, July 8 – The Bank of Tanzania has acquired approximately 28 metric tonnes of gold over the past 18 …

LUANDA, July 8 – The Angolan government plans to raise as much as 300 billion kwanzas ($320 million) through the sale of …

DAKAR, July 8 – Senegal has launched a formal process to appoint a financial adviser to help manage its public debt as …

LONDON, July 7 – African private credit may be approaching a new phase of institutional maturity after Africa-focused alternative asset manager TLG …

CAIRO, June 4 – Egypt expects to receive €1.5 billion ($1.72 billion) from the European Union in the coming days as the …

LAGOS, July 3 – Africa Finance Corporation (AFC) has reached financial close on the $753 million Lobito Corridor Railway Project in Angola, …

RABAT, July 2 – The World Bank has approved $265 million in financing to support the construction of Morocco’s Ifahsa Pumped Hydropower …

LAGOS, July 2 – Africa Finance Corporation (AFC) has raised US$500 million through a five-year senior unsecured Reg S-only Eurobond, securing the …

LAGOS, July 1 – The World Bank Group has approved a new 2026–2032 Country Partnership Framework (CPF) for Nigeria with a US$1.25 …