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Bolivia has officially ended its gas exports to Argentina as of September, following a decline in supply and compressed consumption levels in Argentina. The country is on track to enhance …
Bolivia Ends Gas Exports to Argentina as Energy Landscape Evolves in South America Read More
The China-Africa Cooperation summit in Beijing concludes as experts evaluate China’s relations with African nations. The United Nations mediates talks to resolve the Libyan central bank dispute affecting oil production, …
Key Developments from Africa News Tonight: China-Africa Summit, UN Mediation in Libya, and Road Safety in Malawi Read More
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