China’s biggest banks are closing retail paper gold trading, while Beijing builds physical pricing and yuan settlement rails that reach deep into Africa Africa holds close to 40 percent of the world’s ...
Congestion at several African ports has extended delivery times for Indian non-basmati white rice shipments to as long as four to five months, according to S&P Global Commodity Insights. Exporters ...
Takealot turns a profit by plugging into the Chinese supply chain, which South Africa is busy taxing
Takealot books its first profitable year in 15 years—but on adjusted, non-IFRS metrics the Naspers board itself still treats with visible caution The turnaround runs less on beating Temu than on ads, ...
Mozambique has launched a seven-year rural electrification project based on solar mini-grids that will benefit 225,000 people. The Green Climate Fund-backed initiative aims to expand clean energy ...
More than 80% of Africa's planned ammonia production capacity is aimed at export markets, according to the International Energy Agency. The IEA says sectors such as fertilizers, steel, and methanol ...
Mauritania has launched a national cloud platform to host government data and digital services domestically. The infrastructure is designed to centralize public sector IT resources and strengthen ...
China will cancel $50 million in interest-free loans owed by Sudan Sudan is deepening ties with China as its economy struggles amid war China will provide another $29.4 million for energy, water and ...
Afreximbank signed a memorandum of understanding with South Africa to deploy a $14 billion country programme supporting industrialization, trade and regional integration. The package includes a $3 ...
Zimbabwe plans to invest about $50 million over three years with Belarusian company BelAgroGen to establish a domestic veterinary vaccine and pharmaceutical industry. The project aims to reduce ...
First regional mortgage-backed security pools home loans from five Ecobank subsidiaries Transaction frees up bank capital for new lending while opening a new asset class for investors Deal supports ...
Guinea plans to formalize artisanal gold mining and improve gold traceability The country aims to stop exporting raw gold and process it locally at a new refinery Success will depend on bringing more ...
Central Africa’s central bank cut interest rates and reserve requirements to support lending The move reflects lower inflation and stronger foreign exchange reserves across the region Lower borrowing ...
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