ABUJA, April 15 – Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on the International Monetary …
Africa
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JOHANNESBURG, April 10 – Global conflicts in the Middle East and Eastern Europe are reshaping investor perceptions, with Africa increasingly viewed as …
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CAIRO, April 7 – The African Export-Import Bank (Afreximbank) has approved a $10 billion Gulf Crisis Response Programme aimed at shielding African …
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JOHANNESBURG, April 4 – Africa is assuming a more prominent role in supplying the United States with critical minerals, as Washington’s reliance …
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NEW YORK, April 4 – African policymakers are intensifying efforts to reshape how sovereign credit risk is assessed, as concerns mount that …
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TANGIER, April 3 – African economies are facing the risk of a sharper growth slowdown in 2026 if the ongoing Middle East …
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Banking & Finance
African Banks Outpace Global Peers on Returns as Revenues Top $100 billion, McKinsey says
JOHANNESBURG, Mar 31 – African banks have surpassed the $100 billion revenue mark for the first time, with profitability significantly outperforming global …
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GABORONE, Mar 31 – Botswana is in preliminary discussions to take up to a 30% stake in Angola’s Lobito Oil Refinery, as …
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CASABLANCA, Mar 31 – Tanger Med Port, Africa’s largest container port, is preparing for a potential surge in vessel traffic as global …
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ADDIS-ABABA, Mar 30 – The African Development Bank has warned that the economic impact of the Middle East conflict on Africa could …