Zimbabwe says gold-backed currency stable but investor doubts persist
Central bank reports $701 million in reservesParallel market premium highlights currency credibility concernsIMF urges tighter money-growth limits, arrears…
Kenya turns to China for $1.5 billion highway expansion
China’s CRBC, Shandong and Kenya’s NSSF to expand highwayChina changes model of developing Africa infrastructureKenya highway project financing…
Ethiopia begins $12.5 billion construction of ‘Africa’s biggest airport’
BISHOFTU, Ethiopia, Jan 10 (Reuters) – Ethiopian Airlines on Saturday officially started a $12.5 billion construction project for…
South African factory activity slumps further in December, Absa PMI shows
JOHANNESBURG, Jan 8 (Reuters) – South African manufacturing sentiment fell in December to its lowest level for 2025,…
Namibia’s central bank governor to leave post after five years
WINDHOEK, Nov 19 (Reuters) – Namibia’s central bank said on Wednesday that its governor, Johannes !Gawaxab, would leave…
Uganda says it will receive over $2 billion in fresh World Bank funding
KAMPALA, Oct 21 (Reuters) – The World Bank will give Uganda over $2 billion in new financing in…