South Africa’s wheat harvest faces pressure as severe rainfall shortages in Swartland cut crop potential and deepen concerns over food security and imports.
Egypt says U.S. Iran sanctions apply only to Banque Misr’s UAE branches, as Cairo clarifies the measures do not extend to Egypt’s wider banking system.
An African Union-backed credit rating agency will launch in Mauritius on October 5, aiming to reshape sovereign risk assessment and reduce borrowing costs.
South Africa's rand edged higher as investors awaited Kevin Warsh's Jackson Hole speech and July budget data for fresh policy and fiscal signals.
South Africa's rand held steady near 15.95 per dollar as investors awaited July producer inflation data and signals from the Jackson Hole symposium.
Nigeria's Qua Iboe crude premium rose as fewer September cargoes remained unsold, but high freight costs continued to pressure West African oil market margins.
MTN is seeking Nigerian investors for up to 30% of IHS Nigeria in a deal that could raise $1.1 billion and help reduce debt tied…
Kenya Airways plans to reveal potential new investors as widening losses, rising fuel costs and aircraft shortages intensify pressure on its turnaround.
South African miners are accelerating renewable power investment to cut costs and emissions, while Eskom remains essential for reliable baseload electricity.
Dangote Refinery’s planned $5 billion IPO draws investor focus to crude supply availability, import costs and margins as the Nigerian plant expands.