ABIDJAN (Reuters) – The African Development Bank raised $31 billion in investment commitments for projects during the Africa Investment Forum,…
Kenya Airways pilots to give decision on strike after govt plea to call it off
By Duncan Miriri NAIROBI (Reuters) -Kenya Airways PLC’s pilots union will give its final decision later tonight on whether to…
Shale oil producer Coterra trims reserves estimates, shares sink
By Liz Hampton (Reuters) -Shares of shale oil and gas producer Coterra Energy fell as much as 8% on Friday…
Investors pile into cash at fastest rate since COVID crisis-BofA
LONDON (Reuters) -Investors put money into cash at the fastest pace at the start of a quarter since the 2020…
Exclusive-Zambia says EximBank to represent Chinese lenders in debt talks
By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) – The Export-Import Bank of China (EximBank) will lead Beijing’s team…
Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of interest rate hikes delivered by central…
Afreximbank plans $1.5 billion economic package for Botswana
GABORONE (Reuters) – The African Import and Export Bank (Afreximbank) plans a $1.5 billion economic package for Botswana to support…
OPEC oil output falls by 20,000 bpd in October -Reuters survey
ABU DHABI (Reuters) – The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in…
IMF, Niger reach staff-level agreement on $51 million loan
NIAMEY (Reuters) – The International Monetary Fund (IMF) and Niger have reached a staff-level agreement on a second programme review…
Grocery retailer Pick n Pay to start accepting cryptocurrency payments
JOHANNESBURG (Reuters) – One of South Africa’s largest grocery retailers Pick n Pay is expanding a pilot of adding cryptocurrency…