1+ hour, 49+ min ago  (955+ words) That was the broad assessment from Bismarck Rewane, chief executive of Financial Derivatives, in a television interview reviewing the country's economic outlook, as policymakers seek to balance growth, inflation control and fiscal consolidation. Rewane said the first half of the…...

1+ hour, 17+ min ago  (610+ words) Catalyst Fund, a pan-African venture capital firm focused on climate resilience, has completed the second close of its latest fund and says the new commitments will help address a critical financing gap facing early-stage startups across the continent. Speaking in…...

1+ hour, 9+ min ago  (389+ words) A newly launched declaration unveiled around the Hamburg Sustainability Conference is seeking to turn African diaspora engagement in Germany from an informal asset into a structured pillar of German-African economic cooperation, according to Jeff Jacobsen Kwarteng, founding member of the…...

4+ hour, 26+ min ago  (451+ words) Speaking to CNBC Africa, Rocha-Keys said the rise in visibility for African footballers is the result of a long development cycle that is now reaching a global inflection point. The progress, he argued, reflects not only improvements in the standard…...

4+ hour, 23+ min ago  (875+ words) African Export-Import Bank President George Elombi has renewed calls for the creation of an Africa-focused credit ratings agency, arguing that the continent's banks and businesses need assessments from institutions with a deeper understanding of local markets, corporate realities and development…...

2+ hour, 41+ min ago  (26+ words) CNBC Africa Focus On: How Payaza is transforming the digital payments landscape in Africa...

3+ hour ago  (201+ words) LUSAKA (Reuters)Zambia has extended for another 90 days its suspension of excise duty and Value Added Tax on petrol and diesel, the information and media ministry said on Wednesday. The ministry said the extension would take effect from July 1 and…...

11+ min ago  (496+ words) SINGAPORE, July 2 (Reuters)China's Hengli Petrochemical, sanctioned by the U. S. for allegedly buying Iranian oil, has cancelled recent purchases of non-Iranian crude, five trade sources said, forcing the firm to cut refinery operations further as inventory runs low. The unusual cancellations…...

29+ min ago  (229+ words) July 2 (Reuters)Nigeria has become the first OPEC member to join the International Energy Agency as an associate member, a step that deepens ties between the global energy watchdog and Africa's largest oil producer. The move adds to the IEA's…...

7+ hour, 28+ min ago  (457+ words) Open AI has proposed handing the U. S. government a 5% stake in the company, the Financial Times reported Thursday, as the artificial intelligence startup seeks to defuse mounting political pressure in Washington. A 5% holding would be worth roughly $42. 6 billion, after the AI…...