Tag: Business Africa

Zambia sweetens buyback offer for $1.36 billion Eurobond as debt management push intensifies

Zambia has enhanced its offer to repurchase its $1.36 billion Eurobond due in 2053, increasing incentives for bondholders in a bid to secure stronger...

Mozambique tightens control of mining sector with 15% state stake and local processing mandate

Mozambique has enacted a sweeping new mining law requiring a minimum 15% state ownership stake in all mining projects and mandating local processing of...

Mr Price posts modest earnings growth as NKD acquisition costs weigh on results

South African fashion and homeware retailer Mr Price Group reported a modest increase in annual earnings, with growth partly constrained by one-off expenses linked...

China recruits top AI talent from the U.S. as race for next-generation ‘super-apps’ intensifies

China is intensifying efforts to attract and retain elite artificial intelligence talent from the United States and other global technology hubs as competition accelerates...

New Zealand bond auction draws record demand after government trims debt issuance

New Zealand’s government bond market has attracted record investor demand after the government announced plans to reduce future debt issuance, signaling growing confidence in...

AFC secures $2 billion funding backed by Asian banks to power Africa’s infrastructure drive

The Africa Finance Corporation (AFC) has raised $2 billion in fresh financing, with strong participation from lenders across Asia, the Middle East, Europe, and...

Popular articles