Oil crisis deepens in Libya as factions clash over central bank
The blockade has caused severe economic hardship and threatens to destabilize the entire country.
Oil crisis deepens in Libya as factions clash over central bank Read More »
Economy
South Africa’s economic outlook improves as reforms take hold
South African Reserve Bank governor believes that successful reforms could lift the country’s economic potential beyond its current growth rate.
South Africa’s economic outlook improves as reforms take hold Read More »
Egypt’s money supply grows rapidly despite IMF pressure
Despite IMF pressure, the central bank continues to support the government’s spending.
Egypt’s money supply grows rapidly despite IMF pressure Read More »
Ghana offers bondholders choice in debt restructuring
The government is offering bondholders the opportunity to exchange their existing bonds for new instruments with different terms.
Ghana offers bondholders choice in debt restructuring Read More »
South Africa’s inflation rate hits three-year low
However, the country’s economy remains challenged by high unemployment and poverty.
South Africa’s inflation rate hits three-year low Read More »
Ghana’s Cocobod ends 3-decade loan, targets local funding
The 2024/25 cocoa season in Ghana is set to begin earlier than usual, with a reduced target of 650,000 tonnes due to unfavorable weather conditions.
Ghana’s Cocobod ends 3-decade loan, targets local funding Read More »
South Africa’s coal exports expected to rebound in 2025
Rail bottlenecks have significantly hindered South Africa’s coal exports, but Thungela CEO believes the worst is over.
South Africa’s coal exports expected to rebound in 2025 Read More »
Nairobi taxi drivers demand higher pay, ignore app fates
A price war between Uber, Bolt, and local rivals has pushed Kenyan taxi drivers to the brink.
Nairobi taxi drivers demand higher pay, ignore app fates Read More »
South Sudan defies court, imposes mandatory cargo sealing
The new rule requires all cargo entering or leaving the country to be tagged with a special seal provided by the government, impacting businesses in Kenya, Uganda, and Tanzania.
South Sudan defies court, imposes mandatory cargo sealing Read More »
Ethiopia faces backlash over $1 billion bond proposal
A group of bondholders holding over 40% of Ethiopia’s $1 billion bond has expressed disappointment with the government’s proposed 20% principal haircut.
Ethiopia faces backlash over $1 billion bond proposal Read More »