BRICS nations Russia, India, and China urged to lead Africa’s infrastructure renewal
South Africa has proposed involving BRICS nations Russia, India, and China in the large-scale renewal of Africa’s infrastructure to create a continental transport hub, a senior business leader said. Elias…
Business
IMF Urges Nigeria to Adjust 2025 Budget Amid Falling Oil Prices
The International Monetary Fund (IMF) has called on Nigeria to revise its 2025 budget to reflect the decline in global…
Somalia ,Tanzania Resume Direct Flights and Deepen Bilateral Cooperation
Somalia and Tanzania have officially agreed to resume direct commercial flights between their capitals, Mogadishu and Dar es Salaam, in…
Ghanaian MP: BRICS Bloc Offers Global South a Fairer Alternative to Dollar-Based Trade
As momentum grows behind the BRICS bloc and its expanding global influence, Ghanaian Member of Parliament Hon. Thomas Nyarko Ampem…
Moody’s Downgrades Afreximbank to B2 Amid Rising Credit Risk
Moody’s Investors Service has downgraded the credit rating of the African Export-Import Bank (Afreximbank) for the second time in less…
AfDB Approves $475m Loan to South Africa to Bolster Energy and Transport Infrastructure
The African Development Bank (AfDB) has approved a $475 million loan to support infrastructure development in South Africa’s transport and…
Ethiopia Secures $3.5bn Debt Relief under G20 Framework
Ethiopia has reached a significant milestone in its ongoing efforts to address mounting external debt, securing a $3.5bn debt relief…
Guinea’s bauxite exports hit record 48 million tonnes in Q1 2025 despite regulatory curbs
Guinea exported a record 48.6 million tonnes of bauxite in the first quarter of 2025, marking a 39% increase compared…
South Africa showcases tourism opportunities at Durban’s Africa Travel Indaba
Participants from the G20 tourism working group have visited the Africa Travel Indaba exhibition in Durban, where a new advertising…
Sidi Ould Tah, BADEA Transformer, Elected African Development Bank President
Sidi Ould Tah of Mauritania was elected President of the African Development Bank Group at the Bank’s Annual Meetings in…
Indonesia, Ethiopia Look to Strengthen Economic Ties, BRICS Cooperation
Indonesia and Ethiopia are looking to strengthen their economic partnership and expand interaction within the BRICS framework, following a meeting…
South Africa, Egypt, Morocco Top Jeune Afrique’s African Performance Index
South Africa has been ranked as the top-performing country in Africa with an overall score of 64.79 out of 100,…
AfDB Approves $304M Loan to Botswana to Support Economic Reforms & Tackle Fiscal Deficit
The African Development Bank (AfDB) has approved a $304 million loan to Botswana to help the country manage growing fiscal…
