UAE announces $1 billion initiative to expand AI in Africa
JOHANNESBURG, Nov 22 (Reuters) – The United Arab Emirates said on Saturday it will invest $1 billion to…
Dollar hedging frenzy fades, bringing relief to greenback
Investor hedging of dollar exposure has slowed, traders say Development supports case for dollar recovery BNY client data…
Senegal will pay debts, committed to IMF talks, says finance ministry
Debt concerns rise in sub-Saharan Africa Political tensions could complicate Senegal’s IMF negotiations Senegal’s debt-to-GDP ratio surpasses 130%…
S&P upgrades South Africa for first time in nearly 20 years as reforms gain traction
Nov 14 (Reuters) – South Africa on Friday secured its first credit rating upgrade in nearly 20 years…
Egypt’s consumer price inflation accelerates to 12.5% in October
Nov 10 (Reuters) – Egypt’s annual urban consumer price inflation rose more than expected to 12.5% in October,…
Dollar weakens amid soft labor US data
Item 1 of 2 Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration…
Asian stocks rise on AI sentiment, dollar near 3-month high
Asia stocks hover near highest since February 2021 Dollar firms after hawkish tilt from some Fed policymakers Earnings…
Asia stocks rise on AI optimism, investors gird for Fed, tech earnings
Asia shares upbeat; eyes on earnings from tech giants Microsoft, Alphabet, Meta report after the bell 25bp Fed…