Zambia’s central bank has raised the benchmark lending rate to 10.25% from 9.75% to counter inflationary pressure and support macroeconomic stability, its central bank governor Denny Kalyalya said on Wednesday..
Congo Republic’s senate on Monday voted to restructure some of its debt with China, a move that the International Monetary Fund has said was necessary to unlock financial support, the.
Aspen Pharmacare said on Monday that Mylan NV had exercised an option to buy Aspen’s portfolio of prescription and over-the-counter products in Australia for 188 million Australian dollars ($130 million)..
Zimbabwe’s central bank has secured a $500 million loan from unspecified international banks to support inter-bank currency trading from Monday and ease a dollar crunch that has brought fuel and.
The Chief Executive of South Africa’s Total, Patrick Pouyanne said yesterday that the planned acquisition of U.S. firm Anadarko’s African assets is “perfectly fitting” with the company’s overall strategy and.
MTN Nigeria shares rose another 10% to 108.90 naira in pre-market bids today after its debut $6.5 billion stock market listing on the Lagos bourse. Nigeria’s biggest telecoms firm, owned.
Mozambique’s government expects to reap $95 billion (R1.35 trillion) in revenue over 25 years from natural-gas deposits being developed in the country – more than seven times larger than its.
MTN Nigeria announced plans to float its stock in Lagos on Thursday in a deal valued at $6 billion, following the South African telecoms group’s agreement with Nigerian regulators to.
Somalia’s economy continues to recover, with growth expected to strengthen to 3% in 2019 from 2.8% last year, while inflation could ease to 3% from 3.2% over the same period,.
US oil giants, Anadarko Petroleum Corp, has said on Monday that a unit it jointly owns which markets gas from Mozambique has signed a long-term deal to supply liquefied natural.
