Africa
Mauritian banks becomes haven as politics and oil roil peers
Mauritian banks are becoming beacons of growth and stability in sub-Saharan Africa. Unscathed by the vagaries of the oil price…
Malawi’s hopes aid embargo to be lifted after World Bank support resumed
Malawi hopes global lenders will release funds frozen over a government graft scandal three years ago now that the World…
Uganda, Tanzania partner on world’s longest heated pipeline
Uganda and Tanzania signed a framework agreement on their proposed $3.55 billion crude export pipeline on Friday, a key milestone…
Angola allows tax payments in foreign currency to cope with FX shortages
Tax payments in Angola can now be paid in foreign currency under the amended general tax law approved by lawmakers…
South Africa inflation at 17-month low shows end to rate hikes
South Africa’s inflation rate fell within the central bank’s target band in April for the first time in eight months,…
Egypt sets price guidance for Eurobond sale, sees lower yields
Egypt expects to price its expected $1.5-$2 billion sale of reopened Eurobonds on Wednesday at lower yields than when it…
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