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Sub-Saharan Africa closed 2025 on its strongest economic footing in over a decade, with faster growth, falling inflation, shrinking deficits, and fresh sovereign rating upgrades. However, these gains are now under threat due to the Iran war, according to the International Monetary Fund. The organization has trimmed its growth forecast for the year to 4.3%, […]
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Afreximbank is proving that investor confidence outweighs credit ratings. Despite a public spat with Fitch Ratings—which saw the bank’s rating slip into “non-investment grade” territory—the pan-African lender successfully raised $800 million through Samurai and Panda bonds in Japan and China. By tapping into Asian markets, the bank demonstrated its resilience, bypassing traditional Western concerns over […]
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South Africa’s mining industry recorded strong output growth of almost 10% in February compared to the same period last year, outperforming analysts’ expectations by more than two percentage points. The growth was primarily driven by the platinum group metals, which rose by more than 50% year-on-year. Chromium ore came next, rising by nearly 30%, followed […]
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The Democratic Republic of Congo is set to surpass Ethiopia and become sub-Saharan Africa’s fifth-largest economy this year, according to the IMF. Driven by a mining boom and a currency that has strengthened more than 25% against the dollar, Congo’s GDP is forecast to hit $123 billion in 2026. The nation recently raised $1.25 billion […]
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China is recalibrating its Africa strategy, shifting from infrastructure-for-resources deals to a more integrated trade and industrial model anchored in Hunan Province. Under the “Hunan Model,” Beijing is emphasizing supply chain integration, manufacturing, and green technology exports. The results are striking: China-Africa trade surged 17.7% in 2025, with Hunan’s exports of electric vehicles, lithium batteries, […]
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Nigeria is back in the global spotlight after FTSE Russell officially restored the nation to its Frontier Market index, effective September 2026. This move comes nearly three years after the country was downgraded to “Unclassified” and marks a major victory for President Tinubu’s economic reforms. The reclassification follows meaningful improvements in foreign exchange liquidity and […]
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The African Development Bank Group (www.AfDB.org) and The European Stability Mechanism (ESM) have signed a Memorandum of Understanding (MoU) to formalise and strengthen cooperation between the two institutions. The signing took place on Wednesday 15 April, on the margins of the 2026 Spring Meetings of the International Monetary Fund and the World Bank Group in Washington […]
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The video below is copyright free and can be used at will, without asking for authorization Watch the video Beneath the waves of East Africa, vibrant coral reefs tell a story of both beauty and vulnerability. With reefs around the world disappearing at an alarming rate, Canon Central and East Africa (www.Canon-CNA.com) is stepping in, expanding […]
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Canadian-based oil and gas company Sintana Energy has announced its intention to list the company’s shares on the Namibian Securities Exchange, signaling a shift toward inclusive growth and early-stage local participation in one of Africa’s most promising frontier oil and gas markets. The move reflects the company’s overall strategy to explore options to provide and […]
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The crisis in the Middle East is impacting global economies, with growth in African countries forecast to decline by up to 0.2 percent. Download document 1: https://apo-opa.co/4mBpy5u Download document 2: https://apo-opa.co/484mxEK This is according to a joint policy document presented on Tuesday, 15 April 2026, in Washington, D.C., by the African Union Commission, the African Development Bank […]
...Namibia’s President Dr. Netumbo Nandi-Ndaitwah has announced a major push to accelerate petroleum reforms, including progress on a Petroleum (Exploration and Production) Amendment Bill, as the country moves to fast-track governance and investment frameworks ahead of first oil. Speaking at the Namibia International Energy Conference (NIEC) 2026 in Windhoek on Wednesday, the President said the […]
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Geneva, Switzerland, 16 April 2026- /African Media Agency (AMA)/- On World Health Day 2026, under the theme “Together for health. Stand with science,” the World Health Organization (WHO), the United Nations’ specialised agency for public health, highlights individuals using science to improve lives in the African Region. A physician and public health expert, Dr Bintou […]
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