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Kenya is nearing a $1.5 billion loan agreement with the UAE, which will assist in addressing its growing fiscal deficit and rising debt costs. The loan, expected to be secured …
Kenya Approaches $1.5 Billion Loan Deal with UAE Government Read More
The Africa Finance Corporation (AFC) has entered into concession agreements with the governments of Angola and Zambia to lead the Zambia Lobito Rail Project. This initiative, which includes a $2 …
AFC Signs Key Agreements to Propel Zambia Lobito Rail Project with Angola and Zambia Read More
The Africa Finance Corporation has signed concession agreements with Angola and Zambia to develop the Zambia Lobito Rail Project, enhancing trade and transport across Southern Africa. The 800km railway will …
AFC Partners with Angola and Zambia to Advance the Zambia Lobito Rail Project Read More
Ghana has signed diplomatic ties with Madagascar and St. Lucia while securing an investment agreement with Trinidad and Tobago. These agreements, finalized at the UN General Assembly, aim to enhance …
Ghana Strengthens Diplomatic Relations with Madagascar and St. Lucia while Promoting Investment with Trinidad and Tobago Read More
Since its launch in April 2023, Zimbabwe Gold (ZiG) has lost 80% of its value on the black market, leading retailers to declare that the government’s fixed exchange rate is …
Arrogance, Not Gold, Undermines Zimbabwe’s Retail Sector: A Critical Examination of the ZiG Currency Crisis Read More
Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), has drastically declined in value just five months after its introduction, losing value for 20 trading days and selling at a steep discount …
Market Turmoil: Zimbabwe’s Currency Challenges Following the Introduction of the ZiG Read More
Zimbabwe’s gold-backed currency, the Zimbabwe Gold (ZiG), is grappling with a lack of public confidence as illegal money-changing operations thrive due to struggles in accessing this currency. With inflation rising …
Zimbabwe’s Gold-Backed Currency Faces Confidence Crisis Read More
Zimbabwean retailers are warning that the official exchange rate for the Zimbabwe Gold (ZiG) is leading them toward financial ruination due to an 80% devaluation in the black market. Formal …
Harare Retailers Warn of ZiG’s Economic Threats Amid Devaluation Crisis Read More
Top retailers in Zimbabwe are warning that enforced use of an official exchange rate, considered overvalued, could result in store closures. The Zimbabwe Gold (ZiG) currency has lost significant value …
Zimbabwean Retailers Warn of Potential Store Closures Due to Exchange Rate Pressures Read More
Chinese mining firms, Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co., are advancing a lithium mining project in Zimbabwe in partnership with a state-owned company. Despite a substantial drop …
Chinese Mining Companies Collaborate with Zimbabwe on Lithium Project Read More