Africa
Fears grow as Zimbabwe returns to excessive currency printing
Robert Mugabe’s latest economic experiment is making Zimbabwe’s stocks the world’s best performers for all the wrong reasons. And there…
Zimbabwe signs up for $600mn credit line from Afreximbank
Zimbabwe will access a $600 million credit line from African Export-Import Bank in an effort to stave off a foreign-currency…
Rwanda’s GDP growth slows to 4%
Rwanda’s economy grew by four percent year-on-year in second quarter 2017, from 7.5 percent in the same period a year…
Namibia’s economy contracts 1.7% in second quarter
Namibia’s economy shrank by 1.7 percent in the second quarter 2017 after a revised contraction of 1.7 percent in the…
Zambia to finance roads project with $134mn loan from Standard Chartered
Zambia borrowed $134 million from Standard Chartered Plc. to help fund the road sector, according to a finance ministry official.…
Zambia seeks bids for new mobile provider to take on MTN
Brian Mushimba, Zambia's Transport and Communications Minister said the country is seeking bidders for a fourth mobile-network license to take…
