CAIRO (Reuters) – Activity in Egypt’s non-oil private sector contracted in December for the 25th straight month as inflation, a…
What investors watch out for in emerging markets in 2023
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – It has been a rough 12 months for emerging markets…
German companies plan to invest more in Africa in 2023
By Rene Wagner BERLIN (Reuters) – German companies want to boost their activities in Africa next year, especially in areas…
Tunisia union threatens to ‘occupy the streets,’ rejects 2023 budget
By Tarek Amara TUNIS (Reuters) – Tunisia’s powerful UGTT union will hold mass protests and “occupy the streets” soon to…
Battery swapping spurs Kenya’s electric motorbike drive
By Ayenat Mersie NAIROBI (Reuters) – Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped up around…
Ghana again extends domestic debt exchange registration deadline
By Cooper Inveen ACCRA (Reuters) – Ghana has further extended the deadline to register for its domestic debt exchange to…
Tunisia seeks to cut fiscal deficit to 5.5% in 2023, led by economic reforms
By Tarek Amara TUNIS (Reuters) -Tunisia expects to reduce its fiscal deficit to 5.5% next year from a forecast 7.7%…
Global central banks deliver historic rate hike blast in 2022
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Major central banks ramped up interest rates at the fastest pace…
Zimbabwe’s night markets cushion crisis-weary citizens from inflation
By Nyasha Chingono HARARE (Reuters) – As dusk descends on the dimly lit central business district of Zimbabwe’s capital Harare,…
Equity funds record largest ever weekly outflows -BofA
By Lucy Raitano LONDON (Reuters) – Investors shed stocks at the highest weekly rate ever in the week to Wednesday,…