Egypt’s annual urban consumer price inflation eased to 9.4% in June from 14.1% in May, official statistics agency CAPMAS said on Wednesday, a sharper decline than many analysts had expected.
Morocco’s finance and business hub Casablanca Finance City (CFC) will from 2020 tax companies’ export activities the same as their local ones after pressure from the European Union to adjust.
Nigeria will sign a continental free-trade deal at a extraordinary summit of the African Union this weekend, bringing the duty-free movement of goods in the region a step closer. The.
Morocco will open new terminals at Tanger Med port on Thursday, allowing it to surpass the Mediterranean’s largest ports Algeciras and Valencia in terms of container capacity, and drive more.
Oil prices jumped today as traders betted OPEC would extend production cuts. Signs of a truce in U.S.-China trade tensions also helping. An end to their spat could help revive.
South Africa’s foreign direct investment swung to inflows in the first quarter from outflows in the final quarter of last year as domestic private firms received equity and debt funding.
Capital market operators in the Nigerian Stock Exchange have commended the newly inaugurated board of the Securities and Exchange Commission (SEC) but charged them on the appointment of a substantive.
Zimbabwe President Emmerson Mnangagwa said on Tuesday that the decision to ban the use of foreign currencies and make the interim currency the sole legal tender was needed to restore.
Tanzania has tightened its currency controls with new regulations on foreign exchange bureaus, in what authorities say is an ongoing fight against money laundering and currency speculation. The new rules,.
South Africa is expected to slightly raise its 2019 maize harvest forecast, as weather conditions remain favourable and yields remain unaffected by frost damage, a Reuters poll showed on Monday..
