Tag: Business News

Google Cloud outpaces rivals as AI demand drives Big Tech earnings beat

Google has reported stronger-than-expected growth in its cloud division, outpacing rivals Microsoft and Amazon as surging demand for artificial intelligence services boosts revenue across...

AFC mobilises global lenders including Citi to finance Lobito corridor project

Africa Finance Corporation is lining up a consortium of regional and international lenders, including Citigroup, to finance the strategic Lobito Corridor project, underscoring rising...

South Sudan to end Oranto Petroleum’s Block B3 licence in sector reset

South Sudan has said it will not renew the exploration licence held by Oranto Petroleum for Block B3, signalling a shift in how the...

Gabon to audit public debt after securing $150m World Bank support package

Gabon has announced plans to conduct a comprehensive audit of its public debt following the signing of a $150 million financing agreement with the...

IMF staff deal clears path for $843.9m support package for Ivory Coast

IMF officials said the programme focuses on fiscal consolidation, debt sustainability, and structural reforms aimed at strengthening governance and boosting private sector-led growth.

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