Economy
Breaking and the latest news relating to African Economy.
Zambian government welcomes ratings upgrade that sees country exit default status
Zambia's finance minister on Sunday welcomed a milestone upgrade from S&P Global ratings agency that removed the copper-rich country's default...
Read moreDetailsSouth Africa says G20 summit outcome renews commitment to multilateralism
South Africa's President Cyril Ramaphosa said on Sunday that the Leaders' Declaration from this weekend's Group of 20 summit reflected a "renewed...
Read moreDetailsRussia’s Putin to meet Togo’s president in the Kremlin
Russian President Vladimir Putin will meet Togo's president, Faure Gnassingbe, in the Kremlin on Wednesday for talks that will focus...
Read moreDetailsThree-quarters of $5 billion East Africa crude pipeline built, Uganda says
About three-quarters of a $5 billion pipeline crucial for exporting crude oil from Ugandan fields through neighbouring Tanzania has been...
Read moreDetailsChinese premier makes landmark Zambia trip as West vies for investment foothold
Zambia will host a Chinese premier on Wednesday for the first time in 28 years as the sub-Saharan state emerges...
Read moreDetailsNigeria’s inflation rate drops to 16% in October
Nigeria’s National Bureau of Statistics (NBS) has announced that the country’s headline inflation rate dropped further to 16.05 per cent...
Read moreDetailsTrump’s empty chair at G20 summit is opportunity for South African hosts
An empty chair for Donald Trump at the G20 summit offers an opportunity for South African hosts, determined to set...
Read moreDetailsTanzania may struggle to secure funding due to its battered image, president says
Tanzania's ability to secure funding from international institutions may face challenges due to its tarnished global reputation, President Samia Suluhu...
Read moreDetailsBoeing says Air Senegal will purchase nine 737-MAX planes
Boeing said on Monday that Air Senegal will purchase nine Boeing 737-MAX aircraft under a deal signed at the Dubai Airshow....
Read moreDetailsVodacom inks Africa internet deal with Musk’s Starlink
South Africa's largest mobile operator Vodacom Group has signed an agreement with Elon Musk's Starlink to deliver high-speed, low-latency broadband internet...
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