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PRETORIA (Reuters) – South Africa’s current account deficit is “not nearly as bad” as when it was considered part of the so-called “fragile five”, International Read more
African exporters of oil and commodities should remove subsidies and boost taxes to weather their slowest growth in more than two decades, the International Monetary Read more
ACCRA (Reuters) – Ghana is revising its forecast for gross domestic product growth in 2017 to 7.0-7.4 percent from a previous forecast of above 8 Read more
By Tiisetso Motsoeneng and Camillus Eboh JOHANNESBURG/ABUJA (Reuters) – MTN Group’s next chief executive will take over three months early, the South African telecoms company Read more
Egypt is in the throes of a sugar crisis. Shelves in shopping malls are bare of the commodity and so serious is the crisis that Read more
* Passes one mln rides in Lagos after 2 years of activity * Says attracts insurers, mechanics, washers * Provides credit rating to drivers By Read more
By Matthew Mpoke Bigg ACCRA Oct 14 (Reuters) – Illegal miners operating at AngloGold Ashanti’s Obuasi mine in Ghana have ignored a government deadline to Read more
A Japanese technology firm with global recognition, Canon, has unveiled plans aimed at revolutionalising the Nigerian photography market. With a 41 per cent global market Read more
Geneva — African countries are boosting intra-regional trade and deepening economic integration at a time when politicians in the global North are raising doubts about Read more
JOHANNESBURG (Reuters) – South Africa’s net foreign reserves rose to $41.953 billion in September from $40.795 billion the previous month, the Reserve Bank said on Read more
(Adds quote from energy ministry and details of investors) ABIDJAN Oct 5 (Reuters) – Ivory Coast plans to invest almost $1 billion in oil product Read more
HARARE (Reuters) – Zimbabwe is losing at least $1 billion annually to corruption, with police and local government officials among the worst offenders, Transparency International Read more
ABIDJAN (Reuters) – Economic growth in sub-Saharan Africa is likely to slip to 1.6 percent this year, from 3 percent in 2015, due to continuing Read more
By Nqobile Dludla and Mfuneko Toyana JOHANNESBURG (Reuters) – South African stocks rose on Wednesday, helped by international retail group Steinhoff after retail tycoon Christo Read more
CAIRO (Reuters) – President Abdel Fattah al-Sisi on Monday pledged more jobs for Egyptians to help dissuade them from making dangerous voyages to Europe after Read more
JOHANNESBURG (Reuters) – South Africa’s rand firmed in early trade on Monday as the dollar eased ahead of the first debate between U.S. presidential candidates, Read more
ACCRA (Reuters) – The World Bank will provide up to $500 million to Ghana in the form of a partial risk guarantee for use if Read more
CAPE TOWN (Reuters) – Activist groups are challenging a plan by South Africa’s government to expand the country’s nuclear power generation capacity on the grounds Read more
NEW YORK — While there may be conflicts, poverty and disease in Africa, President Barack Obama says the broader trajectory of the continent is unmistakable: Read more
ACCRA, Sept 21 (Reuters) – Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on Read more
By George Obulutsa NAIROBI (Reuters) – Kenya’s commercial banks may stop lending to borrowers they consider risky now that the government has capped commercial lending Read more
NEW YORK (Reuters) – More than $1 billion in debt and financing commitments from U.S. agencies and private investors is set to be announced on Read more
Representatives of 30 African countries have been working this week to map out ways to stop the continent’s mass rural exodus at the Forum on Read more
JOHANNESBURG (Reuters) – Growth in South Africa’s two key sectors slowed on Thursday, with weak activity renewing fears South Africa may struggle to avoid recession Read more
NAIROBI, Sept 8 (Reuters) – The Nigerian naira, Kenyan, Ugandan and Tanzanian shillings are likely to hold steady against the dollar in the next week Read more
By Mfuneko Toyana PRETORIA (Reuters) – South Africa’s economy grew its most in six quarters between April and June as declines in the rand helped Read more
NAIROBI (Reuters) – The Kenyan shilling held steady against the dollar on Tuesday owing to inflows from remittances and non-governmental organisations, but was seen under Read more
JOHANNESBURG (Reuters) – South Africa’s rand strengthened early on Tuesday, extending gains to a fourth consecutive session in thin trade after a holiday in the Read more
By Ange Aboa and Joe Bavier MONT PEKO NATIONAL PARK, Ivory Coast(Reuters) – Before the morning mists had broken over Ivory Coast’s Mont Peko National Read more
Traditional banking in Africa has failed – 80% of the continent’s 1.2 billion people do not have a bank account or access to formal financial Read more
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