A flood of money from private pension funds has driven a 33 percent surge in Ghana’s benchmark stock index this year, giving the West...
To further enhance the African Local Currency Bond Fund (ALCB Fund) portfolio and promote the development of domestic capital markets across the continent, the...
The International Monetary Fund (IMF) said Friday it will only start lending to Zimbabwe once it clears its arrears to other multilateral creditors which...
On Monday, Liberia inaugurated a new president and the nation’s first female vice president, Ellen Johnson Sirleaf ended her presidency the way she began...
Rwanda and Tanzania have agreed on joint construction of a Standard Gauge Railway (SGR) from Isaka (northwestern Tanzania) to Kigali, a move which will...
NAIROBI, Jan 16 (Reuters) - Kenya has secured a $750 million syndicated loan for seven years from the Trade Development Bank (TDB) to pay...
Chinese Foreign Minister Wang Yi begins his multi-nation trip to Africa with a stop in Rwanda. He told President Paul Kagame China stands ready...
LUANDA, Jan 11 (Reuters) – Moody’s assumes the Angolan government does not intend to default on its debt after ambiguous wording in official statements,...
Accra, Jan. 8, GNA - There are many ways to measure development in a region, a country or even a continent. Freedom, prosperity, health...
Angolan President Joao Lourenco dismissed his predecessor’s son as head of the country’s $5 billion sovereign wealth fund, state-owned Angola Press reported.
Lourenco fired Jose...
