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…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
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…