Afreximbank anchors $4bn refinancing for Dangote refinery
The African Export-Import Bank has underwritten $2.5 billion of a $4 billion syndicated facility for the ...
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Tag: Nigeria economy
Dangote Refinery Exports 456000 Tonnes of Fuel as Intra African Energy Trade Gains Momentum
The Southern African Times reports that the Dangote Petroleum Refinery has exported approximately 456000 tonnes of ...
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MTN Moves to Fully Acquire IHS in 2.2 Billion Dollar Deal
MTN Group has announced an agreement to acquire the remaining 75 percent stake in IHS Holding ...
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Nigeria Set to Surpass South Africa in Africa’s Global Growth Contribution
Recent projections from the International Monetary Fund suggest that Nigeria may become Africa’s largest contributor to ...
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Frigoglass Divests Nigerian Operations to Helios in €100 Million Transaction
Frigoglass Group has reached an agreement to sell its entire stake in Frigoinvest Nigeria Holdings B.V., ...
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AfCFTA at a Crossroads Africa’s Pursuit of Integration Despite Uneven Progress
The African Continental Free Trade Area (AfCFTA) continues to represent one of the continent’s most ambitious ...
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OPINION | How Washington’s New Tax Plan Could Cost Africa Billions in Remittances
Anew bill passed by the U.S. House of Representatives is sending shockwaves across Africa. The legislation, ...
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Nigeria’s 2025 Budget Focuses on Economic Stabilisation and Growth
Nigeria's President Bola Ahmed Tinubu has projected a positive outlook for the nation’s economy in 2025, ...
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IMF’s Call for Reform Among Africa’s Oil Exporters to Boost Stagnant Growth
The International Monetary Fund (IMF) has issued a clarion call to Sub-Saharan African nations heavily reliant ...
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Nigeria’s Strategic Partnership with China Key, Says Presidential Spokesman
As the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) convenes in Beijing from 4th ...
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WHO WE ARE
The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.
