Ghana to receive $500 mln World Bank guarantee for ENI gas
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
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
JOHANNESBURG (Reuters) – South African Airways said on Monday it has been granted a three-week extension to submit financial statements to Hong Kong or risk Read more
“My life was at risk. My wife and brother were killed on the same day.” His name is Lucky – a 20-year-old Nigerian. He is Read more
JOHANNESBURG (Reuters) – The retail price of petrol in South Africa will decrease by 1.5 percent from September 7, while the price of wholesale diesel Read more
JOHANNESBURG (Reuters) – South Africa’s government, which is battling to restore investor confidence against the backdrop of a police probe into Finance Minister Pravin Gordhan Read more
By Clement Uwiringiyimana KIGALI (Reuters) – Rwanda has signed a deal with the African division of Portuguese construction firm Mota-Engil to build an international airport Read more
TUNIS (Reuters) – Tunisair, Tunisia’s state-owned carrier, plans to lay off 1,000 employees or more than 12 percent of its full-time workforce, as part of Read more
GENEVA — A new report finds economic and social discrimination against women is costing Africa more than $100 billion a year. The U.N. Development Program’s Read more
By George Obulutsa NAIROBI (Reuters) – Japanese Prime Minister Shinzo Abe told African leaders on Saturday that his country will commit $30 billion in public Read more
JOHANNESBURG (Reuters) – South Africa’s rand and bonds rallied on Friday as soft economic growth data in the United States ahead of a speech by Read more
By Mfuneko Toyana JOHANNESBURG (Reuters) – South Africa’s main opposition the Democratic Alliance (DA) called on Friday for an urgent parliamentary meeting to work out Read more
JOHANNESBURG — A young South African is winning widespread recognition for his unique business in Alexandra, Johannesburg. Jeffrey Mulaudzi takes tourists on bicycle rides through Read more
By TJ Strydom JOHANNESBURG (Reuters) – Africa’s largest retailer Shoprite Holdings reported a 17 percent jump in full-year profit on Tuesday, shrugging off competition in Read more
ACCRA (Reuters) – The International Monetary Fund (IMF) is evaluating Ghana’s fiscal outlook for the rest of 2016 and will consider the third review of Read more
JOHANNESBURG (Reuters) – South African mobile phone company MTN Group will sell shares worth 9.9 billion rand ($729 million), a 4 percent stake, to black Read more
NAIROBI (Reuters) – Kenya’s Uchumi Supermarkets will use a cash injection of 1.2 billion shillings ($11.83 million) from the government to repay debts owed to Read more
CAIRO (AP) — The International Monetary Fund said Thursday it will grant Egypt a $12 billion loan over three years to help the Arab world’s Read more
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