Botswana has increased the rate of pula depreciation to 2.76% to cushion its economy from the effects of a global diamond downturn and falling reserves.

Egypt and China held high-level talks to boost economic cooperation and deepen their strategic partnership across key sectors.

Dangote’s $20 billion refinery will construct tanks in Walvis Bay to boost fuel access across Namibia, Botswana, Zambia and Zimbabwe.

Acting Undersecretary for International Affairs Michael Kaplan will represent the Treasury Department at the July 17–18 meeting

Ramaphosa says over half of U.S. goods enter duty-free, average tariff only 7.6%

Algeria’s Sonatrach and Italy’s Eni signed a $1.35B deal to explore and develop hydrocarbons in the Zemoul El Kbar area over 30 years

Oil majors BP and Shell return to Libya with new exploration and development agreements

The tariffs are set to take effect on August 1, with a deadline of July 9 for countries to finalize bilateral trade agreements with Washington

World Bank officials in Addis Ababa have not yet issued a comment detailing the facility’s terms or sectoral breakdown

Morocco’s gaming expo showcases new initiatives to grow the local video game sector and boost the economy.

Morocco’s only previous sukuk offering in 2018 raised 1 billion dirhams ($110 million) and matured in 2023

The IMF has approved a $261.9 million disbursement to the DRC after completing the first review of its Extended Credit Facility agreement.

Ethiopia’s economic reform efforts earn IMF support and $262 million as debt restructuring talks with major creditors near a formal deal.

India and Ghana agreed to strengthen security, mining, and trade ties as Modi visits Ghana after three decades.

The government plans a structured program to privatise key assets and improve funding through the stock exchange.

Trade officials from South Africa met US representatives to seek more time for finalizing a trade agreement amid shifting frameworks and policy goals.

Pretoria is seeking exemptions for key exports such as cars, auto parts, steel, and aluminium, and has offered to import U.S. liquefied natural gas in return

Turkey signed memoranda with seven African countries to link them to the Development Corridor Project and the Middle Corridor trade route, boosting Africa’s global trade access.

Senegal has raised its 2025 budget deficit forecast to 7.82% of GDP due to lower revenue expectations and revised GDP figures, amid ongoing fiscal pressure.

A Chinese-Moroccan partnership launched Morocco’s first EV battery factory with plans to produce enough components for one million electric vehicles yearly

Afreximbank could turn to China and friendly countries for funding following a Fitch credit downgrade and loan restructuring challenges.

Turkey’s trade with Africa is growing through mutual investments in sectors like energy, defense, and construction as part of a strategic “win-win” approach

U.S. diplomat says there is no visa ban and denies unfair trade practices amid African concerns at Luanda summit.

Egypt’s state grain buyer purchased hundreds of thousands of tons of wheat for July and August delivery from Black Sea and EU suppliers.