Mnangagwa Wins Zimbabwe’s First Post-Mugabe Election Zimbabwe President Emmerson Mnangagwa, a former ally of Robert Mugabe, narrowly won the country’s landmark election, results showed early Friday,...
AfDB Supports Trade Finance With $900m Mr. Adeniyi Adesina, the African Development Bank President, said the bank provided trade finance credit of $900 million to boost...
AfCFTA to Incorporate Africa’s $2.5b GDP An agency of the African Union (AU), the African Capacity Building Foundation (ACBF), says it will enhance the expertise of...
RMB, Standard Bank Lead on Fees, Says Reuters Report Thomson Reuters, a source of intelligent information for businesses and professionals, yesterday released the Investment Banking Sub-Saharan...
Group Tracks $30.4b Illicit Funds, Lifts Africa’s Economies Money laundering has remained a major challenge to nations. According to the group, about $30.4 billion is illegally...
Moroccan Growth to Slow to 2.9 pct in 2019-planning Agency Morocco’s economic growth is expected to slow to 2.9 percent in 2019 from a forecast 3.1...
France to Invest €1bn in Africa’s Private Sector The President France, Emmanuel Macron, has revealed plans to invest €1bn in Africa’s private sector. Macron, who said...
Standard Bank, ICBC Commit $8.5b to Africa Projects The Standard Bank Group and Industrial and Commercial Bank of China Limited (ICBC) have provided $8.5 billion financing...
Afreximbank Announces $2bn Trade Financing Support to Angola The African Export-Import Bank is arranging up to $2 billion trade financing support to Angola, the bank President,...
China-style State-led Growth Won’t Work in Africa, Okonjo-Iweala Warns China has funnelled billions of dollars into aid, loans and business deals on the African continent in...