The World Bank has greenlit a $250 million credit from the International Development Association (IDA) and a $10 million grant from the Energy Sector Management Assistance…
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MultiChoice, South Africa’s leading TV giant, reported a pretax loss of 706 million rand ($38 million) for the fiscal year ending in March, attributing the downturn…
The World Bank has approved a $250 million International Development Association (IDA) credit to support Ghana’s five-year Financial Stability Project. This initiative is designed to enhance…
African leaders are calling for urgent reforms to the global financial system, which they argue unfairly penalizes African nations with exorbitant borrowing rates. This demand was…
Jeff Bezos, the renowned entrepreneur and founder of Amazon, has recently divested a significant portion of his shares in the company, totaling over $4 billion (£3.2…
PepsiCo (PEP.O) fell short of analysts’ revenue estimates for the quarter and projected subdued organic growth for 2024 due to increased prices impacting demand for its…
In a significant stride toward enhancing Nigeria’s energy refining capacity and security, the Dangote Refinery has welcomed its latest one-million-barrel crude oil cargo from Shell International…
US to Reinstate Mauritania’s Agoa Benefits Following Eligibility Review. The United States has announced its decision to reinstate Mauritania’s benefits under the African Growth and Opportunity…