Bolivia Inaugurates New Steel Plant to Enhance Economic Self-Sufficiency
Bolivia inaugurated a steel plant financed by a Chinese loan to reduce metal import reliance. The mutun megaproject, costing $546...
Companies
RBI and Bank of Mauritius Sign Pact to Use Local Currencies in Trade
The RBI and BOM have signed a pact to use local currencies for bilateral trade, enhancing transaction efficiency and solidifying...
Sycamore Achieves SEC License and Appoints New Asset Management Leader
Sycamore, a Nigerian fintech firm, has acquired a SEC license to operate as a fund manager and appointed Oluwagbenga Magbagbeola...
Moody’s Predicts Budget Compromise from South Africa’s Coalition Government
Moody's expects South Africa's coalition government to achieve a budget compromise focused on fiscal consolidation, despite ongoing disputes within the...
MTN Group Reports 69% Drop in Earnings Amidst Economic Challenges in Nigeria
MTN Group experienced a 69% drop in annual earnings, primarily due to the Nigerian naira's devaluation and operational issues in...
Ivory Coast’s Gold Output Projected to Reach Record Levels Amid Sector Growth
Ivory Coast expects record gold output this year, primarily due to the Lafigue mine. Jean-Claude Diplo states production will rise...
Legal Challenges for Elandsfontein Phosphate Mine Amid WWF Lawsuit
The Elandsfontein phosphate mine in South Africa faces a lawsuit from the WWF regarding environmental exemptions granted to its operations....
Cryptocurrency in South Africa: Navigating Progress and Security Challenges
Cryptocurrency is rapidly gaining popularity in South Africa, with significant adoption rates and initiatives from the South African Reserve Bank....
Tanzanian Fuel Firms: Sustaining Goma’s Economy Amidst Conflict
Goma, the capital of North Kivu Province in the DRC, is experiencing conflict due to armed groups but remains economically...
Mali Gold Production Declines Significantly Amid Regulatory Challenges
Mali's gold production fell 23% in 2024, totaling 51 metric tons. This decline is attributed to disputes with Barrick Gold...
