Africa’s economy has expanded sharply over the past 36 years, but the pace of growth has not been …
Oil rose as Iran said it wouldn’t soften its conditions to reopen the Strait of Hormuz after President Donald Trump rejected its proposal to do so, dashing hopes of a speedy resumption of traffic …
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Africa
Africa’s gold story 2025: How Egypt, Ghana and Zimbabwe central banks gained and lost reserves
by Staff Writerby Staff WriterAfrica’s gold story in 2025 was shaped by sharp contrasts, as central banks across the continent adjusted their …
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International News
SA secures R175 billion loan package from Afreximbank
by Staff Writerby Staff WriterThe African Export-Import Bank has agreed to lend South Africa an initial $11 billion (R175.6 billion) to ease funding …
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International News
African ratings reach highest since 2020 on growth, S&P says
by Staff Writerby Staff WriterEconomic reforms and improved growth have lifted African sovereign credit ratings to their highest level in over five …
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International News
Dangote appoints MTN CEO to fertiliser unit board with IPO plans
by Staff Writerby Staff WriterDangote Industries, owned by Africa’s richest man, appointed MTN Group Chief Executive Officer Ralph Mupita to the board …
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International News
Zambia restates copper ambition after posting record output
by Staff Writerby Staff WriterZambia expects copper output to top 1 million tons this year, after posting record production in 2025. Output …
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International News
Netflix boosts bridge loan for Warner Bros deal to $42 billion
by Staff Writerby Staff WriterNetflix has lined up more debt from Wall Street banks to help finance its amended, all-cash agreement to …
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International News
World Bank boosts 2026 economic outlook, citing ‘notable’ resilience
by Staff Writerby Staff WriterBy Jorgelina do Rosario, Bloomberg The World Bank raised its forecast for growth this year, saying the global economy …
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International News
Nigeria pitches $600m lithium and gold projects to Saudi investors
by Staff Writerby Staff WriterNigeria has stepped up its bid to attract Gulf capital after pitching $600 million lithium processing and gold …
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International News
Oil edges higher as Trump vows to tariff Iranian crude buyers
by Staff Writerby Staff WriterOil touched the highest level since November after US President Donald Trump said he’s imposing a 25% tariff …