Economy
Breaking and the latest news relating to African Economy.
Zambia gets near-unanimous backing for landmark debt-for-energy deal
Zambia's government said on Wednesday it had received near-unanimous backing from bondholders for an innovative $1.36 billion debt buyback deal...
Read moreDetailsMozambique tightens grip on mining with 15% state stake rule, local processing
Mozambique's President Daniel Chapo has signed a new law requiring 15% state ownership in all mining ventures and local processing...
Read moreDetailsGhana, UK sign growth partnership deal to address education and job creation
Ghana and the United Kingdom signed on Monday the landmark UK-Ghana Partnership, which is to help transform the economy and...
Read moreDetailsNigeria’s Tinubu says reforms stabilising economy despite hardship
Nigerian President Bola Ahmed Tinubu said on Friday his economic reforms stabilised the country and revived investor confidence, despite a...
Read moreDetailsDangote raises planned investment in Ethiopia fertiliser project to over $4 billion
Nigerian billionaire Aliko Dangote's group of companies has increased planned investment in a fertiliser plant in Ethiopia to more than...
Read moreDetailsGhana seeks to buy 30% of gold from miners to boost reserves, central bank
Ghana has asked large-scale gold miners to sell 30% of annual output to the central bank as part of a...
Read moreDetailsUganda’s president signs contentious law meant to curb foreign influence
Uganda's President Yoweri Museveni signed into law a contentious measure to curb foreign influence after parliament scaled back provisions that...
Read moreDetailsProtests erupt over Kenya fuel price hikes, strike strands commuters
Protests over fuel price hikes prompted by the Iran war erupted in several Kenyan towns on Monday, including a nationwide...
Read moreDetailsComoros suspends fuel price hikes after deadly protests
Comoros announced the temporary suspension on Saturday of new fuel prices introduced in response to the Iran war, backing down after...
Read moreDetailsWarm words, thin relief: Macron’s Africa financial push under scrutiny
French President Emmanuel Macron jogged with Kenyan marathon star Eliud Kipchoge, spoke with local university students and announced $27 billion...
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