Africa could suffer an economic loss of between $10 billion and $20 billion as an impending "super" El Niño threatens to unleash severe droughts, floods…
Africa Faces Up to $20 Billion Economic Hit From ‘Super’ El Niño, AfDB Warns
African investors are navigating a busy trading session as global market volatility, geopolitical tensions, central bank decisions, commodity prices and regional developments shape sentiment across…
Abuja– Governments across the world have tightened travel restrictions, strengthened border screening and introduced quarantine measures following the World Health Organization's (WHO) declaration of the…
The global cocoa market is expected to record a much smaller surplus in the 2026/27 season as the growing risk of a strong El Niño…
ADDIS ABABA – State owned Ethiopian Airlines reported a strong financial performance for the 2025/26 fiscal year, with full-year revenue increasing 20% year-on-year to $9.1…
LAGOS – Global equity markets traded cautiously on Wednesday as investors awaited the U.S. Federal Reserve's latest policy decision and earnings from major technology companies,…
Luanda –Angola's largest telecommunications operator, Unitel, has been hit by a cyberattack that disrupted voice, mobile data and internet services across the country, just one…
Johannesburg –The South African rand traded with little movement on Tuesday as a stronger U.S. dollar continued to pressure the risk-sensitive currency, with investors awaiting…
Pretoria- South Africa has expanded its regional cross-border payment infrastructure by adding the Angolan kwanza as a settlement currency, marking the first new currency to…
Aluminium inventories held in London Metal Exchange (LME) warehouses have fallen to their lowest level this century, highlighting tightening global supply conditions as ongoing disruptions…