By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – Russia’s state nuclear corporation Rosatom has said it could supply floating nuclear power plants to coastal African countries and …
AfricaAfrica EconomyAFRICA NEWSUncategorized
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Africa Economy
- AfricaAfrica EconomyAFRICA NEWSCameroon Economy
Cameroon Weighs Up to $2.5bn Eurobond for 2027 After Fitch Downgrade
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – Cameroon could issue up to $2.5 billion in international bonds in 2027, a senior finance ministry official told Reuters, …
- AfricaAfrica EconomyAFRICA NEWSAfrican AffairsBusinessBusiness & MarketsSouth AfricaSouth Africa Economy
South Africa Faces Real Risk of Returning to FATF Grey List, Business Group Warns
By Radarr Africa Business Desk LAGOS, October 29 (Radarr Africa) – South Africa faces a significant risk of returning to the Financial Action Task Force (FATF) grey list barely a …
- AfricaAfrica EconomyAfrican Economy
Uganda and Kenya Sign Three Tourism and Trade Pacts at Mombasa Summit
By Radarr Africa Business Desk LAGOS, October 28 (Radarr Africa) – Private-sector bodies from Uganda and Kenya signed three memoranda of understanding (MoUs) on tourism, trade and investment on the …
- AfricaAfrica EconomyAfrican Development
Zambia Unveils First Domestic Gold Refinery as It Seeks to Reduce Reliance on Copper
By Radarr Africa Business Desk LAGOS, October 27 (Radarr Africa) – Zambia has unveiled its first domestic gold refinery, a facility developed by Minera Refineries Zambia Limited that is meant …
- AfricaAfrica EconomyUncategorized
Ambani’s $3.2 Billion Jio Platforms IPO Draws Record Demand Ahead of Wednesday Listing
By Radarr Africa Business Desk LAGOS, October 27 (Radarr Africa) – Jio Platforms, the telecoms and digital arm of Mukesh Ambani’s Reliance group, is due to begin trading in Mumbai …
- AfricaAfrica EconomyAFRICA NEWSAfrican EconomyUncategorized
Moody’s Calls South Africa’s Budget Update Credit Positive, Says Debt Has Probably Peaked
By Radarr Africa Business Desk LAGOS, October 27 (Radarr Africa) – Moody’s Ratings said South Africa’s latest medium-term budget policy statement is credit positive, adding that government debt “has probably …
- AfricaAfrica EconomyAFRICA NEWSKenya
Nedbank Completes 66% Takeover of Kenya’s NCBA, Taking Banking Reach to East Africa
By Radarr Africa Business Desk October 26 (Radarr Africa) – South Africa’s Nedbank Group has completed its acquisition of about 66 per cent of Kenya’s NCBA Group Plc, making NCBA …
- AfricaAfrica EconomyEgyptUncategorized
Egypt Upsizes Banque du Caire IPO to 45% as EBRD and IFC Sign On
By Radarr Africa Business Desk October 26 (Radarr Africa) – Egypt’s state-owned Banque Misr has increased the size of its planned sale of Banque du Caire (BdC) to 45 per …
- AfricaAfrica EconomyAFRICA NEWSSouth AfricaSouth Africa EconomyUncategorized
Ramaphosa Urges Preparation for AGOA Exit as South Africa’s China Trade Surges
By Radarr Africa Business Desk LAGOS, October 24 (Radarr Africa) – South African President Cyril Ramaphosa has said the country must prepare for possible exclusion from the African Growth and …