Kenya Approaches Agreement for $1.5 Billion Loan from UAE Government
Kenya is close to securing a $1.5 billion loan from the UAE government to support its financial situation amid rising...
Companies
AFC Secures Concession Agreements with Angola and Zambia for Zambia Lobito Rail Project
Africa Finance Corporation (AFC) has signed concession agreements with Angola and Zambia to lead the Zambia Lobito Rail Project, which...
AFC Partners with Angola and Zambia to Propel Zambia Lobito Rail Project Forward
The Africa Finance Corporation has signed agreements with Angola and Zambia to advance the Zambia Lobito Rail Project, aiming to...
Ghana Strengthens Diplomatic Relations with Madagascar and Saint Lucia, Expands Trade Agreements with Trinidad and Tobago
Ghana has established diplomatic relations with Madagascar and Saint Lucia while signing an investment protection agreement with Trinidad and Tobago...
Zimbabwe Faces Currency Crisis as New Monetary Policy Unravels
Zimbabwe's new currency, the Zimbabwe Gold (ZiG), is suffering from a prolonged decline in value against the US dollar, showcasing...
ZiG’s Declining Value Threatens Zimbabwe’s Retail Sector
The Zimbabwe Gold currency (ZiG) has lost 80% of its value since its launch, causing severe repercussions for formal retailers...
Chinese Mining Giants Collaborate on Lithium Project in Zimbabwe
Chinese mining companies, including Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co., are collaborating with a Zimbabwean state-owned company...
Zimbabwe’s Gold-Backed Currency: A Crisis of Confidence Amid Rising Inflation
Zimbabwe's new currency, the ZiG, is struggling to gain acceptance as illegal money changers emerge, offering high exchange rates, driving...
Zimbabwe’s Retail Sector Crumbles Under Weight of ZiG Currency Challenges
Retailers in Zimbabwe warn that the official exchange rate of the newly introduced Zimbabwe Gold (ZiG) is unsustainable and is...
Chinese Mining Companies Collaborate with Zimbabwe on Lithium Extraction Project
Chinese mining giants Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are collaborating with Zimbabwe's Kuvimba Mining House to...
