Nigeria’s Dangote plans $1 billion investments in Zimbabwe
HARARE, Nov 12 (Reuters) – Nigeria’s Dangote Group will invest at least $1 billion in a pipeline, power…
South African rand steady after Venezuela shock
JOHANNESBURG, Jan 5 (Reuters) – The South African rand was steady in early trade on Monday, as investors…
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…
Risk-on investors turn to Uganda to ‘squeeze the last drop’ out of frontier markets
Uganda attracts record offshore investment into domestic debtDiverse investor base looks to frontiers for yieldHot money raises risk…
South African rand makes steady start to 2026 in thin holiday trade
JOHANNESBURG, Jan 2 (Reuters) – The South African rand made a steady start to the new year in…
Zimbabwe sees economic growth slowing to 5% in 2026 amid global headwinds
HARARE, Nov 27 (Reuters) – Zimbabwe expects modest economic growth for 2026 compared with this year due to…
Namibia cuts 2025 growth forecast due to manufacturing slump
WINDHOEK, Oct 21 (Reuters) – Namibia now expects economic growth of 3.3% this year, down from the 4.5%…
Namibia holds key rate, citing South Africa’s new inflation target
WINDHOEK, Dec 3 (Reuters) – Namibia’s central bank left its main lending rate (NACBIR=ECI), opens new tab unchanged…
Namibia names new central bank governor from next year
WINDHOEK, Dec 19 (Reuters) – Namibia’s president said on Friday that Ebson Uanguta would take over as central…
Ethiopia strikes draft restructuring deal on $1 billion bond with bondholder group
ADDIS ABABA/LONDON, Jan 3 (Reuters) – Ethiopia has struck a preliminary agreement with a group of investors holding…