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Zambia’s IMF U‑Turn: Lusaka Walks Away from $145M Loan Extension as Election Looms
In a move that has caught both financial markets and policy watchers off guard, Zambia has formally withdrawn its request…
Ghana’s $1.47B Energy Debt Settlement Aims to End “Dumsor” and Restore Power Credibility
ACCENT ACCRA — Ghana’s government has taken a decisive step to stabilise its beleaguered energy sector by settling approximately $1.47…
Libya’s Energy Game Changer: First Oil Exploration Bidding Round in 17 Years Sparks Global Interest
TRIPOLI — In a pivotal move poised to reshape not only Libya’s economy but the broader African oil landscape, Libya…
Nigeria’s Rabiu Breaks Barrier — Two Black Men Now in Africa’s Top 5 Wealthiest for First Time
LAGOS — In a striking shift on the continent’s wealth landscape, two Black African business leaders now rank among the…
Mayweather’s Nearly $3M Legal Liability Signals New Cross-Continental Business Risks for High-Profile Personalities
Key HighlightsFloyd Mayweather Jr. was ordered by a U.S. court to pay $2.4 million to Nigerian media firm Zinni MediaThe…
China’s Envoy Embarks on High‑Stakes Africa Tour, Signalling Deepening Strategic and Trade Ties
ADDIS ABABA / BEIJING — January 8, 2026 — China’s top diplomat, Foreign Minister Wang Yi, has kicked off his…
South African Rand Wavers as Manufacturing Data Looms, Underscoring Economic Crossroads
Johannesburg, January 8, 2026 — The South African rand weakened modestly on Thursday as investors entered a cautious holding pattern…
Uganda’s Opposition Flags Potential Shake-Up of Oil Sector Deals if Elected, Raising Stakes in Nation’s Energy Future
KAMPALA — Uganda’s opposition candidate has stirred the political and economic landscape ahead of next week’s national elections by pledging…
Zambia Strikes New IMF Deal to Tackle Debt, Reinforce Growth Path
LUSAKA — Zambia has reached a pivotal agreement with the International Monetary Fund (IMF) to launch a new support programme,…
African Currencies Under Pressure as Dollar Demand Surges: What It Means for Trade and Investment
African currencies came under renewed strain this week as a stronger U.S. dollar and heightened demand for hard currency weighed…
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