By Ahmed Eljechtimi MARRAKECH, Morocco (Reuters) – The African Development Bank (AfDB) is seeking additional capital for its fund offering […]
South Africa inflation strikes 13-year high on eve of rates call
By Alexander Winning JOHANNESBURG (Reuters) – South African inflation surged to a 13-year high in June, data showed on Wednesday, […]
Biden announces U.S.-Africa summit for mid-December
By Steve Holland WASHINGTON(Reuters) – President Joe Biden announced on Wednesday that the United States will bring together leaders from […]
Zambia creditors to commit to debt relief needed for IMF funding – sources
By Andrea Shalal (Reuters) -Zambia’s creditors are expected to commit to debt relief needed to unlock $1.4 billion from the […]
IMF says loan talks with Tunisia to continue over coming weeks
TUNIS (Reuters) – The International Monetary Fund (IMF) said its talks with Tunisian authorities for a staff level agreement on […]
Nigeria central bank hikes rates again, to 14%, to tame inflation
By Chijioke Ohuocha and MacDonald Dzirutwe ABUJA (Reuters) – Nigeria’s central bank raised its benchmark lending rate to 14.0% from […]
Sonatrach, partners to invest $4 billion to produce 1 billion oil equivalent in Berkine
ALGEIRS (Reuters) – Algeria’s Sonatrach and its partners Occidental, TotalEnergies and ENI will invest $4 billion dollars in the perimeter […]