Markets
Russia Boosts Gasoline Exports to Africa as New Trade Routes Emerge Amid EU Sanctions
Russia has seen a significant increase in its gasoline exports, particularly to Africa, as it seeks...
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African Countries Sign Agreement to Establish Special Economic Zones for Electric Vehicle Production
The African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (ECA) have signed...
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Zimbabwe Capital Markets Conference in London to Highlight Investment Opportunities
The Financial Markets Indaba, in collaboration with the Zimbabwe Embassy in the United Kingdom, is set...
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Tanzania’s Investment Soars by 52.4% in Q1 2023, Fueled by Favorable Business Climate
Tanzania has experienced a significant increase in investment, with a growth of 52.4% in the first...
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South Africa’s rand shines ahead of factory data as dollar dips
South Africa’s rand rose on Tuesday against a softer dollar, ahead of local manufacturing data due...
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IMF warns deeper financial turmoil would slam global growth
The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest...
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New vehicle sales feel the pinch of distressed consumers in South Africa
The National Association of Automobile Manufacturers of South Africa’s (Naamsa) New Vehicle Sales stats for March...
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OPEC+ oil alliance announces surprise production cuts from May
Saudi Arabia and other OPEC+ oil producers have announced voluntary cuts to their production amounting to...
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Namibia, Botswana launch 24-hour operation at border posts to Boost Trade
Namibia and Botswana on Saturday launched the 24-hour operation at Trans-Kalahari/Mamuno border posts, which is expected...
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Top 5 economies in Sub-Saharan Africa to watch out for in 2023 – IMF Report
Just when Africa’s economy appeared to be recovering from the COVID-19 pandemic, a range of internal...
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