IMF to Hold Fresh Talks with Mozambique in November on Economic Support and Policy Priorities
The International Monetary Fund (IMF) is set to send a delegation to Mozambique in November to continue discussions on the country’s economic outlook and...
Tesla Chair Warns Musk May Exit if Record-Breaking Pay Deal Fails Approval
Tesla’s Board Chair, Robyn Denholm, has cautioned shareholders that CEO Elon Musk could step away from the company if his proposed $1 trillion compensation...
TotalEnergies and Partners Lift Force Majeure on $20 Billion Mozambique LNG Project After Four-Year Suspension
French energy giant TotalEnergies and its partners have officially lifted the force majeure status on their $20 billion Mozambique Liquefied Natural Gas (LNG) project,...
Uganda Forecasts Nearly 15% Rise in Coffee Output for 2025/26 Season
Uganda expects coffee production to increase by 14.8% in the 2025/26 crop year (October–September), driven by higher yields from newly planted coffee trees, a...
Egypt Developing New Trade Policy to Tackle Import Costs and Prepare for Regional Agreements
Egypt is drafting a new trade policy aimed at addressing import costs and positioning the country for participation in upcoming regional trade agreements, Planning...
Morocco’s Annual Inflation Edges Up to 0.4% in September
Morocco’s annual inflation rate rose slightly to 0.4% in September from 0.3% in August, according to data released on Wednesday by the country’s statistics...
Namibia Lowers 2025 Growth Forecast to 3.3% Amid Manufacturing Decline
Namibia has revised its 2025 economic growth forecast downward to 3.3%, from the 4.5% estimate announced in March, citing a sharp slowdown in manufacturing...
Senegal’s Debt Service Forecasts Surge by $5.8 Billion Amid IMF Talks
Senegal has sharply raised its projected debt service payments by about 3.2 trillion CFA francs ($5.8 billion) over the next three years, according to...
Sudanese Pound Collapses as UAE Flight and Shipping Restrictions Cripple Gold Exports
The Sudanese pound has lost nearly 40% of its value following what traders and officials describe as a de facto embargo on flights and...
IFC and Appian Launch $1 Billion Fund to Boost Critical Minerals Projects in Africa and Latin America
The International Finance Corporation (IFC) and private equity firm Appian Capital Advisory have launched a $1 billion fund to invest in critical minerals projects...
UBA Empowers Next Generation of Leaders as 700 Youths Join GMAP Initiative
Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to demonstrate its commitment to youth empowerment and leadership development as 700 young professionals...
South Africa Expresses Optimism Over Renewal of U.S. AGOA Trade Deal
South Africa’s Minister of International Relations and Cooperation, Ronald Lamola, says trade discussions with the United States are progressing positively, expressing optimism that the...
