Kenya’s cabinet approves creation of infrastructure, sovereign wealth funds
NAIROBI, Dec 15 (Reuters) – Kenya’s cabinet has approved the creation of an infrastructure fund and a sovereign…
Zimbabwe’s inflation set to drop amid stable currency and gold boom
HARARE, Nov 3 (Reuters) – Zimbabwe’s annual inflation rate could halve from current levels by the end of…
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…
RWE withdraws from $10 billion Namibia green hydrogen project
WINDHOEK, Sept 29 (Reuters) – German power utility RWE (RWEG.DE), opens new tab said on Monday that it…
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%…
Uganda to receive up to $1.7 billion of US funding under Trump health plan
KAMPALA, Dec 10 (Reuters) – Uganda will get up to $1.7 billion of U.S. funding for its health…
Namibian president takes over ministry of mines, energy and industry
WINDHOEK, Oct 26 (Reuters) – Namibia’s President Netumbo Nandi-Ndaitwah has removed Natangwe Ithete from his posts as deputy…
Namibia central bank cuts repo rate to support weakening economy
WINDHOEK, Oct 15 (Reuters) – Namibia’s central bank cut its main interest rate by 25 basis points to…
Zimbabwe scraps gold royalty hike, sets higher threshold for windfall tax
HARARE, Dec 17 (Reuters) – Zimbabwe has reversed plans to double its gold royalty rate to 10%, a…
Exclusive: Total and Chevron lead race to buy into Galp’s Namibia oil discovery, sources say
Mopane estimated to hold at least 10 billion barrels of oilChevron and Total have fields close to MopaneLISBON/PARIS/CAPE…
Namibia’s president appoints new mines, energy and industry minister
WINDHOEK, Dec 2 (Reuters) – Namibia’s president on Tuesday appointed Modestus Amutse as the Southern African country’s new…