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By Tarek Amara TUNIS (Reuters) – Tunisia needs around $2.85 billion in external financing this year and plans to issue a Sukuk Islamic bond worth Read more
By Elias Biryabarema KAMPALA (Reuters) – Uganda is negotiating a $2.3 billion loan with China’s Exim Bank to fund an initial 273 km stretch of Read more
By Fumbuka Ng’wanakilala DAR ES SALAAM (Reuters) – Tanzania will receive a $305 million loan from the World Bank to expand its main port in Read more
DAVOS, SWITZERLAND — In this Swiss Alps town where the global elite have gathered to debate the world’s problems, there seems to be little room on Read more
Ghana’s new government plans to review its three-year $918 million programme with the International Monetary Fund (IMF) that is intended to stabilise the economy, a Read more
Nigeria has intensified campaign in support of Ms Fatima Mohammed, its candidate for African Union (AU) Commissioner for Peace and Security. A statement by Foreign Affairs Read more
A maize pest that has devastated crops in southern Africa is a South American species which is harder to detect and eradicate than its African Read more
For Inonge Imutowana, buying food for her family of six is becoming increasingly costly. On the outskirts of the capital, a 25-kilo bag of staple Read more
The expected slowdown in many African countries, particularly the big oil exporters, may be an opportunity to diversify sources of revenue and support private investment, Read more
CAIRO (Reuters) – Egypt’s $12 billion three-year loan programme from the International Monetary Fund carries an interest rate of 1.5 to 1.75 percent, Finance Minister Read more
The U.S. Government has supported the ECOWAS with Information Technology and Communication equipment to enhance its early warning mechanism, as part of its partnership to Read more
KIGALI (Reuters) – Rwandan inflation was 7.3 percent year-on-year in December compared with 6.4 percent the previous month, its statistics office said on Tuesday. (Reporting Read more
DAR ES SALAAM (Reuters) – The International Monetary Fund has warned Tanzania that the country’s economic policies threaten its forecast for growth in fiscal year Read more
NAIROBI (Reuters) – Kenya’s shilling was stable on Monday but traders said they expected it to weaken in the days ahead due to importer dollar Read more
Sellers of Nigerian crude oil started lowering offers on differential levels, traders said on Friday, as a heavy backlog of cargoes for March export stayed Read more
NAIROBI (Reuters) – Kenya’s central bank sold dollars in the foreign exchange market on Wednesday after the shilling weakened due to heavy importer demand from Read more
TRIPOLI (Reuters) – Libya was producing 685,000 barrels of oil per day (bpd) on Sunday, up from around 600,000 a day last month, an official Read more
By Fumbuka Ng’wanakilala DAR ES SALAAM (Reuters) – Tanzania is in talks with banking giant Credit Suisse for a $300 million loan that would go Read more
By Lamine Chikhi ALGIERS (Reuters) – Algeria will end 2016 with $114 billion of foreign reserves, but its oil and gas earnings will drop to Read more
JOHANNESBURG (Reuters) – South Africa’s trade deficit narrowed to 1.09 billion rand ($79.8 million) in November, from a revised 3.91 billion rand shortfall in October, Read more
NAIROBI (Reuters) – Kenya’s inflation rate fell to 6.35 percent year-on-year in December from 6.68 pct year-on-year in November, the statistics office said on Thursday. Read more
ABUJA (Reuters) – A West African bloc called on Nigeria and other countries to undergo “necessary structural reforms” to improve their economies, as a collapse Read more
By Aaron Ross MONGBWALU, Democratic Republic of Congo (Reuters) – When Guy Robert Lukama looked out at thousands of illegal gold diggers hacking away at Read more
JOHANNESBURG (Reuters) – South Africa’s rand stumbled as much as 1.5 percent against the dollar on Thursday, reaching its weakest in nearly three weeks in Read more
By Tom Gardner ADDIS ABABA (Thomson Reuters Foundation) – As many as 3.5 million people in Africa were uprooted from their homes in 2015 due Read more
JOHANNESBURG (Reuters) – South Africa’s rand weakened against the dollar early on Friday, extending losses from the previous session after weak domestic economic data and Read more
By MacDonald Dzirutwe HARARE (Reuters) – Zimbabwe’s economy has stagnated this year while its budget deficit has exploded, the government said on Thursday, adding to Read more
By Duncan Miriri KIGALI Dec 2 (Reuters) – African exchanges should seek the elimination of capital gains tax on their securities and roll out new Read more
By Khalid Abdel Aziz KHARTOUM (Reuters) – Mohamed Yassin’s minimarket occupies a prime spot in Khartoum but its shelves are largely empty as a plummeting Read more
JOHANNESBURG (Reuters) – South Africa’s rand weakened on Thursday as the dollar regained recent losses on improved economic data, while stocks kicked off the last Read more
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