Africa

Pan-African business news covering all 54 nations. Continental trade, AfCFTA developments, multi-country investment, and business intelligence spanning the entire African continent.

Africa’s $164bn sovereign funds eye minerals

Africa's sovereign wealth funds have surpassed $164 billion in combined assets and are repositioning as active co-investors in mining development.…

OCP secures €450m AfDB green guarantee

The African Development Bank and OCP Group signed a €450 million partial credit guarantee in Rabat on May 22, the…

Tinubu’s three-year reform scorecard is mixed

Three years into Tinubu's reforms, Nigeria's GDP averages 3.46% quarterly growth, external reserves stand at $49.26 billion and federal revenues…

Zimbabwe’s NRZ wins $150m Afreximbank rescue

Zimbabwe's National Railways of Zimbabwe is finalising a $150 million short-term loan from Afreximbank to rehabilitate railway infrastructure and refurbish…

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…