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…
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…
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…
China, Russia, Iran start ‘BRICS Plus’ naval exercises in South African waters
Item 1 of 4 A Russian vessel arrives at the Simon’s Town Naval base ahead of the BRICS…
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…
‘Intended killings’: Tanzania’s election violence ensnared unsuspecting victims
At least 13 killed in shooting at one cafe in city of Mwanza – witnesses and videoPolice targeted…
Gold and uranium boost Namibia’s tax revenue after diamond prices plunge
WINDHOEK, Dec 17 (Reuters) – Namibia’s diamond revenue has been surpassed by income from other minerals for the…
Namibia central bank chief calls for diamond royalty relief extension
WINDHOEK, Oct 15 (Reuters) – Namibia’s central bank governor Johannes !Gawaxab called on Wednesday for an extension to…
Nestle infant formula recall widens to Africa, the Americas and Asia
Item 1 of 2 A Swiss flag flutters on the headquarters of Nestle in Vevey, Switzerland, November 25,…
Kenyan beer firm asks court to block Diageo’s $2.3 billion EABL sale to Asahi
Item 1 of 3 An employee inspects bottles of beer on a conveyor belt along a production line…