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Reuters

South Africa's economic growth faces risks from public debt, State firm bailouts – IMF

30th July 2018 The International Monetary Fund on Monday kept South Africa's economic growth forecast for 2018 unchanged at 1.5% but warned that the economy faced... 

Eskom workers down tools at some South African power stations

30th July 2018 Workers at some of South African State-owned utility Eskom's power stations have downed tools after an impasse over wages but supply has not been... 

SARB does not see Q2 economic contraction

27th July 2018 South African Reserve Bank (SARB) Governor Lesetja Kganyago said on Friday he does not expect economic growth to contract in the second quarter,... 

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Africa's richest man arranges $4.5bn of financing for oil refinery

25th July 2018 Africa's richest man, Aliko Dangote, has arranged more than $4.5-billion in debt financing for his Nigerian oil refinery project and aims to start... 

Harnessing the enemy: as crops dry, Malawi turns to solar irrigation

23rd July 2018 As climate change brings longer droughts, farmers in eastern Malawi's already dry Lake Chilwa basin are seeing an ever-more-frequent disaster:... 

In Senegal, China's President Xi pledges stronger Africa ties

23rd July 2018 China's President Xi Jinping pledged during a visit to Senegal on Saturday to strengthen economic ties with Africa, a continent already awash with... 

Flags, flowers greet first Ethiopia-Eritrea flight in 20 years

19th July 2018 The first commercial flight from Ethiopia to Eritrea in 20 years landed safely in Asmara on Wednesday to be greeted by dancers waving flags and... 

First Ethiopian flight in 20 years lands to cheers in Eritrea

18th July 2018 The first flight in 20 years from Ethiopia to Eritrea landed safely in Asmara on Wednesday, to be greeted by traditional dancers waving flags and... 

China overloading poor nations with debt, top US official says

17th July 2018 China is saddling poor nations with unsustainable debt through large-scale infrastructure projects that are not economically viable, the head of... 

Eritrea reopens embassy in Addis Ababa in fresh sign of thaw with Ethiopia

16th July 2018 Eritrea reopened its embassy in Ethiopia on Monday in further evidence of a rapid thaw between two countries that a week ago ended two decades of... 

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