Pan-African lender Ecobank is “optimistic” about the prospects for its second half performance, its chief executive said, as long as there are no further U.S. tariffs or other global shocks.
More sunny spells across most of Ivory Coast’s cocoa-growing regions will help to boost development of the next October-to-March main crop, farmers said on Monday, adding that cold weather continued last week with below-average rainfall.
Read MoreThe African Development Bank will take the lead in helping to raise $7.8 billion for a new airport in Ethiopia, the bank said.
Read MoreSouth Africa’s central bank believes U.S. tariffs will only have a modest impact on the country’s economic growth while leaving its inflation levels broadly unchanged, its governor said on Friday.
Read MoreThe suspension of financial aid to African countries to alleviate their health and sanitation problems has created the threat of epidemics in countries like Guinea, medical sources emphasized here today.
Read MoreThe Eastern Cape is on edge as concerns mount over a looming tariff increase that threatens to disrupt the province’s fragile economy.
Read MoreSouth African grocery group Pick n Pay on Tuesday reported a 4.3% increase in group turnover, lifted by increased sales at its supermarkets and strong growth at discount chain Boxer, despite challenging consumer conditions.
Read MoreThe following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.
Read MoreSouth Africa’s Telkom reported a 6.5% rise in quarterly core profit on Tuesday, helped by subscriber growth and increased use of its “next-generation network” (NGN) offerings as it ditched legacy services.
Read MoreNigeria’s capital inflows surged 67% year-on-year to $5.64 billion in the first quarter of 2025, driven by an uptick in portfolio investments and renewed investor interest in the financial services sector, official data showed on Tuesday.
Read MoreLesotho has received a modified tariff rate of 15% Thursday from United States President Donald Trump as the nation continued to reel from high tariffs the administration had threatened to implement earlier this year.
Read MoreSouth African Airways (SAA) has announced that it will launch its first-ever direct service between Cape Town and Mauritius in December.
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