Chinese loan: Kenya Seeks Repayment Extension
21/10/2022Kenya has asked China for 30 more years to pay back the $5bn it owes for the standard gauge railway (SGR) connecting Mombasa to the interior of the country. It.
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Congo: Extractive Industries National Coordinator, Kayembe Thumbs Up Global Standard Compliance
21/10/2022The National Coordinator of Congolese Extractive Industries Transparency Initiative (ETTI) Jean-Jacques Kayembe said the nation has scored high in its implementation of the 2019 global standard for good governance in.
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South Africa Sets To Regulate Crypto Assets
20/10/2022The South African Financial Sector Conduct Authority (FSCA) has resolved to regulate cryptocurrency and classify it as a financial product with a digital representation value in the country. FSCA in.
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Botswana: EU Lifts Ban on Beef Export
20/10/2022Cattle farmers in Botswana, one of Africa’s top beef exporters to the European Union, have welcomed renewed beef exports to Europe. The move followed a two-month ban that followed an.
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Malawi: IMF Set To Approve $54m Emergency Fund
19/10/2022The International Monetary Fund, IMF, is set to approve a $54 million emergency fund for Malawi as the southern African country struggles with acute forex shortages. Malawi, which is experiencing.
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Somalia Reaches Agreement With IMF, Eyes Debt Forgiveness
18/10/2022International Monetary Fund, IMF staff on Monday reached a staff-level agreement with Somalia that will allow the release of about $10 million to the East African country, once approved by.
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Tanzania, Spain Reaffirm Commitment to Strengthen Ties
17/10/2022Minister for Natural Resources and Tourism Ambassador, Dr Pindi Chana said Tanzania is committed to continuing working with the government of the Kingdom of Spain in nurturing and strengthening bilateral.
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Zimbabwe talks with World Bank, IMF Over clearing IFI Debt
17/10/2022Zimbabwe is talking with the World Bank and International Monetary Fund on how to clear its debts with International Financial Institutions (IFI). The finance minister of Zimbabwe, Mthuli Ncube said.
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Stellantis, Algeria Sign Framework Deal Over Fiat vehicle production
14/10/2022Carmaker Stellantis said it had signed a framework agreement with Algeria to develop activities of its Fiat brand in the county, including for local production of vehicles. The deal covers.
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Angola: Apex Bank Insists On Cutting Interest Rate
14/10/2022Angola’s Central Bank said it will keep cutting interest rates as long as inflation is kept low, forecasting that inflation will fall to 16% this year and 9-10% by the.
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