West-Africa
AfDB Increases Co-Financing Commitment at 2026 Annual Meetings
The African Development Bank Group is set to convene its 2026 Annual Meetings in Brazzaville, Republic of Congo, from May 25 to…
Topic
Business and Finance
Southern-Africa
Netumbo Nandi-Ndaitwah Highlights Economic, Oil Progress in Namibia Address
President Netumbo Nandi-Ndaitwah used her State of the Nation Address to unveil an ambitious plan to jump-start growth, anchoring it on targeted…
Southern-Africa
Namibia’s New Deputy Ministers Draw Backlash Over Budget Costs
President Netumbo Nandi-Ndaitwah’s move to appoint seven new deputy ministers has drawn swift criticism from political analysts and opposition figures, who argue…
East-Africa
Zimbabwe to Roll Out ‘Big Five’ Banknotes, government says
Zimbabwe’s central bank says the rollout of the new ZWG notes is ready, with distribution set after banks completed the logistics and…
Central-Africa
Energy Buyers Shift Focus to Africa Amid Rising Middle East Tensions
The escalating conflict in the Middle East is prompting a significant shift in oil procurement strategies among European and Asian buyers, who…
East-Africa
Mozambique Government Settles Debt to IMF in Landmark Move
Mozambique has wiped out its arrears to the International Monetary Fund, settling U.S. $630,1 million in full by month’s end after beginning…
West-Africa
Nigerian Senate Approves $6 Billion Loan Request from Government
In a decisive move, the House of Representatives has greenlit President Bola Tinubu’s proposal for a substantial external loan totaling $6 billion,…
Southern-Africa
Delays and Poor Cooperation Stall Namibia’s Fishrot Corruption Investigation
Years after the Fishrot fraud and corruption scandal first rattled Namibia, government-appointed curators say their bid to trace, seize and administer assets…
Southern-Africa
South African Government Cuts Fuel Levy, Bringing Relief to Motorists
South Africans face the prospect of record pump prices, even as Finance Minister Enoch Godongwana moves to trim the fuel tax by…
East-Africa
Zimbabwe Officially Enacts Ban on Second-Hand Clothing
In a decisive move to reshape the apparel market, the Ministry of Industry and Commerce has enacted a formal ban on importing…
East-Africa
France Revokes South Africa’s Invitation to the G7 Summit
France has revoked South Africa’s invitation to the forthcoming G7 summit, removing Pretoria from the guest list for the high-profile gathering. Paris…
