Africa

South African banks under earnings pressure, reeling from economy challenges

South African banks face another wasted year for earnings growth as the euphoria that greeted Cyril Ramaphosa’s ascendancy to the…

Kenya’s central bank ditches ‘wait and see approach’, cuts lending rates to 9.0%

Kenya's central bank has ditched the 'wait and see' approach adopted by some African countries central bank policy authorities such…

Uganda: Indian Prime Minister Modi says Africa is top priority for India

Indian Prime Minister Narendra Modi, who is on a two-day visit to Uganda, on Wednesday urged the business community of…

Kigali to host AFRICA CEO FORUM in 2019

The seventh edition of the AFRICA CEO FORUM, the largest international gathering of CEOs and investors from the African private…

Nairobi hosts consultative meeting in preparation for AfCFTA phase II negotiations

The African Trade Policy Centre of the Economic Commission for Africa (ECA), the African Development Bank (AfDB), the United Nations…

Morocco’s SDX Energy secures €10mn loan from EBRD for upstream gas production

The European Bank for Reconstruction and Development (EBRD) is supporting SDX Energy Morocco with a loan of up to €10…