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Business Africa

Trump Names Stephen Miller Chief of Staff After Midterm Rout

US President Donald Trump has appointed longtime adviser Stephen...

China and Gabon Elevate Relations, Deepen Mining and Security Cooperation

China and Gabon have elevated their bilateral relationship to...

Fola Aiyesimoju’s UAC Stake Nearly Doubles to $10.8 Million as Shares Rally

Nigerian investment dealmaker and UAC of Nigeria Group Managing...

Standard & Poor’s May Upgrade South African Rating This Month, BofA Says

Bank of America (BofA) has said that South Africa could receive a credit rating upgrade from Standard & Poor’s (S&P) before the end of...

World Bank’s Investment Arm to Boost Local-Currency Lending in Africa

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has announced plans to expand local-currency lending across Africa to...

Zimbabwe’s Inflation Set to Drop Amid Stable Currency and Gold Boom

Zimbabwe’s inflation rate is expected to decline in the coming months, supported by a stronger local currency and increased revenue from booming gold exports,...

Kenya to Hold Follow-Up Meetings with IMF for New Programme

Kenya is set to hold follow-up meetings with the International Monetary Fund (IMF) in the coming weeks to discuss the framework for a potential...

Egypt’s Non-Oil Private Sector Records Slowest Contraction in Three Months, PMI Shows

Egypt’s non-oil private sector activity declined at a slower pace in October, marking the softest contraction in three months, according to data released by...
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