South Africa’s private-sector activity contracted for the second consecutive month in November, driven by sustained falls in output and new business volumes, according to an S&P Global survey. The Purchasing.
South Africa has emerged from nearly two decades of credit stagnation as S&P Global upgraded its long-term foreign-currency sovereign credit rating from BB- to BB, marking the first upgrade since.
Guinea, long known for its geological riches, has taken a decisive step toward converting mineral wealth into long-term public capital. The government has announced plans to launch its first sovereign.
Aliko Dangote, Africa’s wealthiest individual and a formidable force in the oil and petrochemical sectors, continues to make headlines with his ambitious projects aimed at bolstering the continent’s industrial landscape..
