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…
Zimbabwe on track for 6% growth as economy recovers from drought
Item 1 of 3 A woman sells products near a railway line in Marondera, near the capital Harare,…
Namibia to boost sulphuric acid production as critical mineral output rises
WINDHOEK, Sept 11 (Reuters) – Namibia is set to increase its sulphuric acid production in response to rising…
South African rand gains as gold scales new peak
JOHANNESBURG, Jan 12 (Reuters) – The South African rand gained in early trade on Monday, helped by gold…
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…
US signs pact with Kenya under ‘America First’ global health plan
WASHINGTON, Dec 4 – The U.S. will provide more than $1.6 billion to Kenya’s health system under a…
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…
Ghana bans mining in forest reserves to curb environmental damage
ACCRA, Dec 11 (Reuters) – Ghana has banned mining in forest reserves as part of sweeping environmental protections…
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…
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…