By Jorgelina do Rosario, Bloomberg The World Bank raised its forecast for growth this year, saying the global economy has proved surprisingly shock-proof in the face of an “historic” escalation in…
Nigeria has stepped up its bid to attract Gulf capital after pitching $600 million lithium processing and gold mining projects to Saudi investors, as Africa’s largest economy accelerates efforts to…
Oil touched the highest level since November after US President Donald Trump said he’s imposing a 25% tariff on goods from countries “doing business” with Iran after a wave of…
Oil extended a gain as the market weighed US President Donald Trump’s threat against Iran, while also focusing on his administration’s moves to exert control over Venezuela’s exports and energy…
President Donald Trump has ordered the US government to pull out of 66 international organisations that the White House said “no longer serve American interests.” That includes 31 United Nations…
The Democratic Republic of Congo and Zambia are reaping the benefits of a historic surge in global copper prices, providing both nations with a rare economic windfall. Copper, a cornerstone…
Rand strength and soaring metal prices have bolstered the capitalisation of South Africa’s benchmark equity index on the JSE to the highest since 2019. The value of shares listed on…
South Africa eased antitrust rules to allow competitors in industries hit by high power costs to cooperate on negotiating cheaper power supply in a bid to prevent their total collapse,…
Botswana, Africa’s largest diamond producer, has launched a new golden passport programme that allows foreign investors to obtain citizenship with a minimum contribution of $75,000. The scheme, set to formally…
A Bloomberg gauge of the dollar rose to the strongest level in two weeks after the US’ move to oust Venezuela’s President Nicolás Maduro sparked an increase in geopolitical risks.…
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