Battered emerging market currencies will eventually bounce back from their beating in the past week on worries about the U.S.-led trade war, but risks remain for currencies of commodity exporters.
MTN Group Ltd has raised 2.1 billion rand ($140.24 million) from asset sales as part of a divestment plan announced in March, Africa’s largest mobile network by subscribers said on.
Africa’s largest bank by assets, Standard Bank, is considering entering new markets – possibly via acquisitions – as its strategy to focus its resources on the continent continues to pay.
Deputy United States Trade Representative C.J. Mahoney and African Union Commission Commissioner for Trade and Industry Albert Muchanga signed a joint statement concerning trade between the United States and the.
Guinea has pushed back its deadline to withdraw tender documents for blocks 1 and 2 of Simandou in an effort to boost competition for the world’s largest undeveloped iron ore.
Uganda’s largest bank Stanbic posted a 37.5% jump in profit before tax for the first half of the year, driven by a surge in credit growth on the back of.
Ghana will raise cocoa farmgate prices by 5.2% for the 2019/20 season, the first increase in four years, following strong sales of export contracts to chocolate makers and cocoa houses,.
This year’s report by the Global Innovation Index showed that Egypt has remarkably jumped ten spots from its ranking (105) in 2017 and three spots from its 2018 ranking. Egypt.
The Nigerian National Petroleum Corporation (NNPC) has expressed its desire to extend Nigeria’s trade relations with Turkey beyond crude oil. The Group Managing Director of NNPC, Mallam Mele Kyari, disclosed.
