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...
Companies
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%....
Tower Resources Expands Stake in Namibia and Prepares for Drilling in Cameroon
Tower Resources PLC has agreed to purchase an additional 5% stake in its PEL96 offshore licence in Namibia, increasing its...
Kazakhstan’s National Bank Raises Key Interest Rate to Address Inflation
The National Bank of Kazakhstan raised its key interest rate to 16.5 percent to combat rising inflation, which accelerated to...
Government Weighs Listing State-Owned Enterprises on Ghana Stock Exchange
The Ghanaian government is exploring the possibility of listing State-Owned Enterprises on the Ghana Stock Exchange to improve their profitability...
Argentina’s Chief Prosecutor Freezes $100M in LIBRA Coin Scandal
Argentina’s Chief Prosecutor has ordered the freezing of $100 million in cryptocurrency linked to the LIBRA coin scandal. President Javier...
Gold Reserve Pursues Multibillion Dollar Claim Against Venezuela
Gold Reserve has filed a new claim exceeding $7 billion against Venezuela, adding to its efforts to collect on a...
