While these five nations generate nearly half of Africa’s wealth, the remaining 48 countries combined produce the other $1.4 ...

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. GLOBAL MARKETS European futures hit ...

Somalia imports roughly 50 tonnes of Kenyan Miraa every day. In 2023, with prices at around $23 per kilogram, this meant a ...

Investors holding Ethiopia's defaulted bond said the latest International Monetary Fund report contains "significant flaws" ...

Emerging-market equities climbed to a three-month high as sentiment got a boost after Tencent Holdings decided to integrate ...

The salvo is the latest battle between the creditor committee, the IMF and Ethiopia over whether the country is facing a ...

Investors in Ethiopia’s defaulted dollar bond have accused the IMF of exaggerating how much debt relief the country needs, ...

Under the theme "Justice for Africans and People of African Descent Through Reparations", this year's 55-member gathering ...

ADDIS ABABA, Feb. 16 (Xinhua) -- As deep-rooted scars of transatlantic slavery and colonization still harm Africa, the 1.5 billion-populated continent is heading toward unity, self-determination, and ...

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with ...

January Retail Sales shrank by 0.9% compared to the expected 0.1% contraction, a wide decline from the revised up 0.7% growth ...