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    South Africa’s rand up but faces pressure from strong dollar

    JOHANNESBURG, Sept 30 (Reuters) - South Africa's rand firmed early on Thursday in a rebound from the previous day's sell-off, even though pressure from...

    Congo Reviews $6.2 Billion China Mining Deal as Criticism Grows

    The Democratic Republic of Congo began reviewing a $6.2 billion minerals-for-infrastructure deal with China that’s faced growing criticism since President Felix Tshisekedi came to...

    AfDB debars Rockey Africa Limited, its affiliates and CEO for fraudulent practices

    The debarments take effect from 5 August 2021 ABIDJAN, Ivory Coast, September 21, 2021/ -- The African Development Bank Group (www.AfDB.org), on 21 September 2021,...

    Investors commit to joint action to speed up Special Agro-Industrial Processing Zones in Africa

    “The stakes are extremely high: during this week of the UN Food Systems Summit, we stakeholders in Africa’s growth and development need to form...

    Safaricom confirms $300 mln Kenya Power smart meter proposal

    NAIROBI, Sept 17 (Reuters) - Kenyan telecoms operator Safaricom, (SCOM.NR), said on Friday it had submitted a proposal to Kenya Power (KPLC.NR) for the...

    S.Africa’s rand, stocks fall on strong dollar, drop in commodity prices

    JOHANNESBURG, Sept 17 (Reuters) - South Africa's rand weakened on Friday, reversing some early gains and was set to close the week with an...

    EXCLUSIVE Investors launch fresh attempt to exit S.African bottle maker Consol – sources

    Brait-led private equity consortium is seeking exit IPO is amongst options being looked at, sources say RMB, Barclays appointed as advisors to the process PE group sought...

    IMF approves $67 million emergency support for Equatorial Guinea

    DAKAR, Sept 16 (Reuters) - The International Monetary Fund (IMF) has approved $67 million emergency support for Equatorial Guinea to help it deal with...

    IMF says crucial Chad gets debt treatment deal with private creditors

    DAKAR, Sept 7 (Reuters) - The International Monetary Fund said on Tuesday it was crucial for Chad to reach comparable terms on its debt...

    EXCLUSIVE-Glovo plans to double investment in Africa in next 12 months

    By Joan Faus BARCELONA, Sept 7 - Spanish delivery app Glovo is expanding its operations in Africa, its leading region for growth, and plans...

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