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Business Africa

US Sees Rwandan Troop Withdrawal as Key to Congo Peace and Investment Unlock

The United States considers the withdrawal of Rwandan troops from eastern Democratic Republic of Congo (DRC) as the fundamental condition for achieving a lasting...
Business Africa

Ethiopia Forecasts Faster Economic Growth for Next Fiscal Year

Ethiopia's economy is projected to achieve a faster growth rate in the upcoming fiscal year, according to recent statements from the nation's finance minister.  This...
Business Africa

Steel Xperts Finishes Major Work on South Africa’s Redstone Tower CSP Project

Steel Xperts, a black woman-owned and managed South African company specializing in steel fabrication and installation, has successfully completed its significant contribution to the...
Business Africa

South African Rand Holds Steady Amid Pivotal Global and Domestic Economic Cues

The South African rand is demonstrating a notable degree of stability as global financial markets keenly anticipate the outcome of crucial trade negotiations between...
Business Africa

African Union Agency Slams Fitch’s ‘Flawed’ Afreximbank Downgrade

The African Peer Review Mechanism (APRM), a specialized agency of the African Union, has strongly criticized Fitch Ratings' recent downgrade of the African Export-Import...
Business Africa

Kenya Central Bank Cuts Main Lending Rate to 9.75%

Kenya's central bank has cut its benchmark lending rate to 9.75% from 10.00%, marking the sixth consecutive reduction in its monetary policy stance. The...
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