Zimbabwe’s Liquidity Crisis Amid US Foreign Aid Suspension
Zimbabwe is witnessing a liquidity crisis following the US government's decision to halt foreign aid, impacting its financial sector and...
Companies
Ashmore Expands Infrastructure Portfolio with Strategic Acquisition in Colombia
Ashmore has acquired three infrastructure projects in Colombia, facilitated by Cuatrecasas, marking its first foray into the Andean logistics market....
Inflation-Driven Entrepreneurship in Nigeria: A Shift Towards Necessity
The rise in inflation in Nigeria is pushing many individuals towards entrepreneurship, as revealed by a PiggyVest survey where 31%...
South Africa Successfully Auctions 275 Million Rand in Inflation-Linked Bonds
South Africa's government sold 275 million rand ($15.21 million) in inflation-linked bonds at auction for 2031 and 2038. This sale...
BII and Ghana International Bank Forge $50 Million Partnership to Enhance Africa’s Trade Finance
British International Investment and Ghana International Bank have established a $50 million partnership to enhance trade finance in West Africa....
Mozambique’s International Reserves Increase in December After Previous Declines
Mozambique's Net International Reserves grew to $3.740 billion in December, recovering after two months of decreases. Governor Rogério Zandamela confirmed...
Fitch Solutions Projects Ghana’s Primary Income Deficit to Remain Low Amid Debt Restructuring
Fitch Solutions predicts a modest primary income deficit for Ghana, reduced by debt restructuring that lowers external debt obligations by...
China’s Strategic Investment in Zimbabwe: A Gateway to Southern Africa’s Resources
China is investing US$3.6 billion in a metallurgical industrial park in Zimbabwe, led by Xinganglian Holding Group. This project aims...
Canyon Resources Secures Strategic Stake in Camrail for Future Growth
Canyon Resources has acquired a 9.1% stake in Camrail, Cameroon’s state-owned rail company, for A$3.4 million, signifying a strategic investment...
Tower Resources Expands Stake in Namibia and Prepares for Cameroon Drilling
Tower Resources PLC has acquired a 5% additional stake in its Namibian PEL96 licence, raising its total ownership to 60%....
