South Africa’s financial markets showed signs of renewed strength on Tuesday, as the rand firmed and government bonds rallied, supported by growing investor optimism that the country could be moving …
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AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyEnvironmentPoliciesUGANDA
Uganda to Begin Ethanol Fuel Blending in 2025
Uganda’s Ministry of Energy has announced a new fuel policy that will require all petrol sold in the country to be blended with locally produced ethanol starting January 2025, a …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyEnergyInfrastructureSouth AfricaTransportation & Logisitics
SA Secures $474.6 Million Loan from African Development Bank
South Africa has secured a fresh $474.6 million loan from the African Development Bank (AfDB) to support the country’s ongoing efforts to improve its struggling transport and energy infrastructure. The …
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AfricaAFRICA NEWSBusinessBusiness and EconomyEnergyInternational RelationsNatural ResourcesNewsTrade and CommerceZAMBIA
India Sends Geologists to Zambia to Hunt for Copper
India has sent a team of its geologists to Zambia to look for copper and cobalt as part of its bigger plan to secure minerals needed for its clean energy …
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AfricaAFRICA NEWSBusiness and EconomyEconomyInternational RelationsManufacturingPoliticsTrade and Commerce
South Africa Seeks More Time to Finalize Trade Deal With U.S.
South Africa is requesting an extension from the United States government to allow more time for ongoing negotiations on a trade deal before a new U.S. tariff regime is set …
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AfricaAFRICA NEWSBusinessBusiness and EconomyEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsNewsSouth Africa
Signs of Recovery in South Africa’s Manufacturing Sector
There are early signs that South Africa’s struggling manufacturing industry may be beginning to improve, following months of weak performance. According to a new report released on Tuesday, a key …
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AfricaAFRICA NEWSBusiness and EconomyEconomyEnvironmentTrade and CommerceWestern Africa
Gambia’s Fishing Communities Cry Out as Foreign Trawlers and Factories Deplete Waters
Along the beautiful coastline of Gambia, a country known for its rich marine life and fishing tradition, local fishermen are now crying out for help. The sea, which has fed …
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AID UNCERTAINTY MAY SLOW SOMALIA’S ECONOMY IN 2025 – WORLD BANK
Somalia’s economy maintained strong performance in 2024, with a solid growth rate of 4.0 percent, according to the 10th Edition of the Somalia Economic Update released by the World Bank. …
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AfricaAFRICA NEWSAgricultureBusiness and EconomyEastern AfricaEconomyMarketsNewsTrade and CommerceUGANDA
Uganda’s Coffee Exports Surge in May with Over 790,000 Bags Shipped
Uganda’s coffee exports surged in May 2025, buoyed by a successful main harvest in the Masaka and south-western regions, according to the latest report from the Uganda Coffee Development Authority …
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South African Rand Flat After Political Fallout Over Deputy Minister’s Firing
The South African rand showed little movement in early trade on Friday, stabilising after sharp declines on Thursday, as political tensions between President Cyril Ramaphosa and the Democratic Alliance (DA)—his …