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 …
African Economy
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AfricaAfrica EconomyAFRICA NEWSAfrican EconomyUncategorized
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AfricaAFRICA NEWSAfrican AffairsAfrican Economy
Africa’s Currency Recovery Reverses as More Currencies Weaken in September
Africa’s currency recovery lost momentum in September as several major currencies weakened against the US dollar, reversing some of the gains recorded earlier in the year. The renewed pressure came …
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AfricaAFRICA NEWSAfrican DevelopmentAfrican Economy
AfCRA Launches as Credibility Emerges as Key Test for Africa’s Rating Revolution
Africa’s long-awaited continental credit rating agency, the African Credit Rating Agency (AfCRA), has officially launched in Port Louis, Mauritius, marking a major step in the continent’s efforts to reshape how …
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Africa’s 5G market remains relatively small in terms of subscribers, but the technology is already having a much larger impact on the continent’s data economy as 5G users consume significantly …
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Nigeria’s ₦500,000 Wage Demand Highlights Rising Cost of Living Nigeria’s organised labour movement is pushing for a new minimum wage of ₦500,000 per month as rising living costs continue to …
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AfricaAFRICA NEWSAfrican EconomyEconomy
Africa Must Align Infrastructure, Policy and Capital to Achieve Energy Security – Ojulari
The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, has identified shared infrastructure, policy alignment, coordinated investment frameworks, cross-border technology exchange and sustained regional diplomacy among National …
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African EconomyBusiness and InvestmentEnergyInfrastructureOil & Gas
Africa Bets on Floating LNG to Fast-Track Gas Development
by Radarr Adminby Radarr AdminAfrica’s growing energy needs are pushing governments and investors to look for faster and safer ways to develop natural gas, and a new report has identified Floating Liquefied Natural Gas …
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African EconomyBankingFinanceGhanaRegulationRemittances
Bank of Ghana Enhances Oversight of Inward Remittances
The Bank of Ghana (BoG) has introduced new operational guidelines for International Money Transfer Operators (IMTOs) as part of efforts to tighten oversight of inward remittances, protect foreign exchange inflows, …
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African EconomyBankingFinanceInternational BusinessINVESTMENT
Ethiopia Banking Reform: Standard Bank Gets First Foreign Approval
Standard Bank has recorded a major milestone in Ethiopia after its Representative Office in the country became the first foreign financial institution to be re-licensed under Ethiopia’s newly revised Banking …
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African EconomyDevelopmentEconomic DevelopmentEntrepreneurshipGlobal DevelopmentGovernment PolicyIndustrial DevelopmentInnovationTechnology
The Rise Of Local Manufacturing In Nigeria : Can we Finally Compete Globally?
The hum of machines and the clatter of production lines are no longer confined to industrial hubs in Europe or Asia. Across Nigeria, local manufacturers are quietly ramping up operations, …