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…
Namibia has mobilised funds to redeem $750 million Eurobond, central bank says
WINDHOEK, Oct 15 (Reuters) – Namibia’s central bank governor said on Wednesday that the country has mobilised the…
Zimbabwe agrees $455 million power plant refurbishment deal with Jindal
HARARE, Sept 17 (Reuters) – Zimbabwe has agreed a $455 million, 15-year concession deal with the Africa-focused unit…
Ghana’s inflation slows for 12th straight month in December
ACCRA, Jan 7 (Reuters) – Ghana’s consumer inflation (GHCPIY=ECI), opens new tab slowed for the 12th consecutive month,…
Kenyan court postpones case seeking to halt Diageo’s $2.3 billion sale of EABL
NAIROBI, Jan 9 (Reuters) – Kenya’s High Court on Friday moved to January 20 the hearing of a…
South African rand steady as investors eye key US data
JOHANNESBURG, Jan 9 (Reuters) – The South African rand was steady in early trade on Friday, as traders…
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,…
South Africa eases anti-trust rules for firms facing high power costs
Dozens of smelters have shut due to high power costsSouth Africa’s electricity costs up 900% since 2008New rules…
IMF reaches staff level agreement on Ethiopia’s fourth review, unlocks $261 million
Dec 10 (Reuters) – The International Monetary Fund said on Wednesday it had reached a staff-level agreement with…
Zimbabwe to ban export of lithium concentrates from 2027
HARARE, June 10 (Reuters) – Zimbabwe will ban the export of lithium concentrates from 2027 as it extends…
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…