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In the upcoming week, the currencies of Kenya, Nigeria, and Zambia are expected to weaken, while Ghana’s cedi remains stable and Uganda’s shilling may strengthen against the dollar. Central bank …
Currency Outlook: Pressure on Kenyan, Nigerian, and Zambian Currencies Read More
Guyana has retained Continental Strategy LLC, led by Carlos Trujillo, at $50,000 per month to address concerns regarding the Trump administration’s policies. This six-month contract aims to secure U.S. support …
Guyana Engages Lobbyists in Washington Amid Regional Tensions Read More
South Africa’s mining output decreased by 2.7% in January 2025, extending a three-month declining trend. Iron ore, PGMs, and coal were among the most significantly affected commodities. On a monthly …
South Africa’s Mining Output Declines for Third Successive Month Read More
Fitch Solutions has stated that fuel prices in Cameroon will remain stable in 2025, primarily due to the presidential election. The 2025 Finance Law indicates a reduction in fuel subsidies, …
Fuel Price Stability Predicted in Cameroon for 2025 by Fitch Solutions Read More
Jamaican motorists will see fuel prices drop effective December 5, 2024. Gasoline prices for 90-octane and 87-octane will decrease by $3.06, while diesel prices will see similar reductions. Kerosene and …
Jamaica Announces Reduction in Fuel Prices Effective December 5, 2024 Read More
China leads the critical minerals race in Africa with over $10 billion in investments, focusing on cobalt, lithium, and rare earths, particularly in the DRC. Experts suggest that its significant …
China’s Dominance in Africa’s Critical Minerals Race Amid U.S. Struggles Read More
Tanzania has achieved over Sh1.52 trillion in cashew exports for the 2024/25 season, producing 528,260 tonnes of raw cashew nuts. This represents a significant rise from previous years and breaks …
Tanzania Achieves Record Sh1.52 Trillion in Cashew Exports Read More
Morocco’s budget deficit has grown to MAD 21.1 billion ($2.1 billion) as of February 2025, significantly higher than the MAD 3.8 billion deficit the previous year. Despite an increase in …
Morocco’s Budget Deficit Surges to MAD 21.1 Billion Read More
The Egyptian government’s FY 2023/24 development plan has achieved a 98.5% implementation rate, with total planned investments approximating EGP 1,650 billion. Minister Rania Al-Mashat highlighted improvements in several economic sectors …
Egypt’s FY 2023/24 Development Plan Achieves High Implementation Rate Read More
Bolivia’s state gold trading firm, Epcoro, aims to purchase $1 billion in gold this year, boosting central bank reserves and appealing to local miners. CEO Pablo Cesar Perez announced a …
Bolivia’s State Gold Trader Epcoro Aims for $1 Billion in Purchases Read More