By Radarr Africa Business Desk LAGOS, November 4 (Radarr Africa) – South Africa’s new vehicle sales rose 10.4 per cent year on year in October to 61,890 units, according to …
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- AfricaAfrica EconomyAFRICA NEWSAfrican Development
African Credit Rating Agency targets March 2027 for first sovereign ratings
By Radarr Africa Business Desk LAGOS, November 4 (Radarr Africa) – The African Credit Rating Agency (AfCRA) aims to publish its first sovereign credit ratings before the end of March …
- AfricaAFRICA NEWSAfrican EconomyEgypt
Egypt raises over $650m in Banque du Caire IPO as privatisation push continues
By Radarr Africa Business Desk LAGOS, November 4 (Radarr Africa) – Egypt raised more than $650 million on Monday in the initial public offering (IPO) of Banque du Caire, a …
- AfricaAFRICA NEWSAfrican AffairsSenegal
Senegal’s parliament rejects revised budget, dealing blow to $2.2bn IMF talks
By Radarr Africa Business Desk LAGOS, November 4 (Radarr Africa) – Senegal’s National Assembly on Tuesday rejected a revised 2026 budget that the government needs to secure a new International …
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – The Democratic Republic of the Congo has been removed from the Financial Action Task Force (FATF) grey list, ending …
- AfricaAFRICA NEWSAfrican AffairsAfrican EconomyRwandaSouth Africa
US to strip South Africa and Rwanda of AGOA duty-free access from January 2027
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – The United States has announced that South Africa and Rwanda will lose duty-free access to the US market under …
- AfricaAfrica EconomyAFRICA NEWSAfrican AffairsNews
ArcelorMittal Liberia sets sights on 40 more years as iron ore exports set to quadruple
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – ArcelorMittal Liberia plans to keep operating in Liberia for roughly four more decades or longer, and expects annual iron …
- AfricaAfrica EconomyAFRICA NEWSUncategorized
UK’s BII earmarks $3 billion for Africa’s frontier markets
By Radarr Africa Business Desk LAGOS, November 3 (Radarr Africa) – British International Investment (BII), the United Kingdom’s development finance institution, plans to commit about £2.25 billion ($3 billion) over …
- AfricaAfrica EconomyAFRICA NEWSUncategorized
Moody’s Calls South Africa’s Budget Update ‘Credit Positive’ but Flags High Debt Costs
By Radarr Africa Business Desk LAGOS, November 2 (Radarr Africa) – Moody’s Ratings has described South Africa’s Medium-Term Budget Policy Statement (MTBPS) as credit positive because fiscal consolidation is progressing …
- AfricaAfrica EconomyAFRICA NEWS
Wall Street Braces for Midterms, Apple Earnings and Jobs Data After $5trn AI Selloff
By Radarr Africa Business Desk LAGOS, November 2 (Radarr Africa) – US stock futures rose on Sunday evening as Wall Street prepared for a heavy week of earnings, midterm elections …