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,…
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…
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…
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…
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…
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…
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%…
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…
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…