By Chris Mfula LUSAKA (Reuters) -The International Monetary Fund has reached an understanding in principle with China about a debt…
Nigeria opens ‘game changer’ billion-dollar deep seaport
By Seun Sanni LAGOS (Reuters) – Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected…
Yellen urges Zambia debt restructuring after talks with China
By Andrea Shalal LUSAKA (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday on a visit to Zambia it was…
China development loans to emerging economies hit 13-year low in 2021 – study
By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) -Loans committed by China’s two main trade policy banks fell to…
As Yellen woos Africa, sceptics ask ‘Is the U.S. here to stay?’
By Andrea Shalal and Carien Du Plessis LUSAKA (Reuters) – U.S. Treasury Secretary Janet Yellen’s three-country trip to Africa –…
TFG sales leap with Black Friday and festive boost
JOHANNESBURG (Reuters) -South African retailer TFG’s third-quarter sales jumped by 17.3% after Black Friday sales and holiday specials spurred demand…
Nigeria tax receipts rise 56% in 2022 – revenue service
ABUJA (Reuters) – Nigeria’s tax receipts rose 56% in 2022 to 10 trillion naira ($22 billion), its highest collection on…
Zambia visits by Yellen, IMF reflect concern over stalled debt talks, China
By Andrea Shalal LUSAKA (Reuters) -Two of the world’s most powerful finance officials are visiting Zambia this week, a reflection…
Hedge fund Eisler Capital hires Damien Bombelli – sources
By Stefania Spezzati and Nell Mackenzie LONDON (Reuters) – Eisler Capital has recruited Damien Bombelli, whose background in commodities could…
Potanin says sanctions constrain Nornickel, force it to adjust strategy
(Reuters) – Nornickel boss Vladimir Potanin, one of Russia’s richest men, said on Monday that the metals giant was reworking…