China and Saudi Arabia Sign Currency Swap Worth $7 Billion
China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries
2023-11-21 13:59
Chinese-Owned MMG Snaps Up Botswana Copper Mine for $1.9 Billion
A unit of state-owned China Minmetals Corp. bought a copper mine in Botswana for about $1.9 billion, ending
2023-11-21 08:58
Asia Stocks to Gain After Tech Giants Boost Nasdaq: Markets Wrap
Asian stocks are poised to open higher Tuesday, buoyed by Wall Street gains as US stocks extended their
2023-11-21 07:26
How the Solution for Emerging-Nation Debt Became a Problem
Efforts to restructure the debts of the world’s poorest nations are splintering, with a deal between Zambia and
2023-11-21 00:16
Scholz Promises €4 Billion for EU-Africa Climate Initiatives
German Chancellor Olaf Scholz pledged €4 billion ($4.4 billion) for the Africa-EU Green Energy Initiative through 2030 and
2023-11-20 18:19
Tired of Waiting for Climate Finance, Africa Sets Up Green Banks
With promises of climate finance from the developed world having largely remained unfulfilled, African nations are now looking
2023-11-20 16:17
Key African Economies Set to Deviate From Global Rates Path
In what will be a marathon month for interest-rate decisions in Africa, its biggest economies are set to
2023-11-20 15:47
Bird Flu, Power Cuts Spawn First Loss at South Africa’s Astral
Astral Foods Ltd. reported the first loss in its 23-year history as power outages and the worst outbreak
2023-11-20 14:46
Ex-Prime Minister Drops Congo Presidential Bid, Backs Katumbi
Democratic Republic of Congo’s former prime minister, Matata Ponyo Mapon, dropped his presidential campaign and will back businessman
2023-11-20 13:29
Asian Stocks Set for Mixed Open as US Rally Stalls: Markets Wrap
Asian stocks are set for a mixed open after a $2.7 trillion rally in US shares fueled by
2023-11-20 06:18
Dollar Scarcity is Pushing More African Countries to Crisis
African governments are scrambling for dollars, and that’s creating a new dividing line for investors. Amid a deepening
2023-11-19 20:20
South Africa Says $12.5 Billion Loans to Help Link Cape to Grid
Eskom Holdings SOC Ltd. will use a portion of $12.5 billion multilateral loans toward delivering power to areas
2023-11-19 19:53