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Sub-Sahara Africa’s half dozen MSCI frontier index markets were flat in January, after the region was down 25% last year compared with the composite 30%. Tiny Senegal was the only slight gainer ...
Several members of the East African Legislative Assembly (EALA) spoke up in favour of the EACOP pipeline earlier this week, arguing that the EU had no standing to call for suspension of the project.
The East African Community (EAC) is establishing a Diaspora Desk aimed at facilitating citizens of the seven-member bloc living abroad to invest and trade in the region. EAC Secretary General ...
German outdoor power tools manufacturer The Stihl Group has announced it will establish a hub in Kenya through its second subsidiary on the continent, Stihl East Africa. The hub will ...
Russia is a globally significant grain producer and exporter, but the Russian dacha, or summer house, still produces the lion’s share of vegetables and potatoes.
Renaissance Capital, the Moscow-based investment bank controlled by billionaire oligarch Mikhail Prokhorov, may face closure unless an eleventh-hour deal can be struck by managers to buy out the business, bne IntelliNews can reveal.
The war in Ukraine has interrupted grain exports from the country and could create a global food crisis as vulnerable wheat importing countries in Africa and the Middle East face shortages and rising prices.
Country now four notches below investment grade. Exchange rate-linked savings schemes will not sustainably ease economic risks, says ratings agency.
Kenya and Ethiopia have agreed to fast-track talks for a power purchase agreement (PPA) among others to facilitate electricity trade between the two neighbouring East African countries.
Patrick Pouyanné, the CEO of TotalEnergies (France), has said he hopes to see work on the $20bn Mozambique LNG project resume before the end of this year.
Tropical forests in mountainous areas of Africa are more concentrated stores of carbon than the Amazon, a new study in journal Nature has suggested.
Akinwumi Adesina, the president of the African Development Bank (AfDB), has said he believes that TotalEnergies (France) will be able to resume work on the Mozambique LNG in about 12-18 months.
Phone number of Sevinj Vaqifqizi one of 50,000 worldwide discovered on leaked database that appears to implicate a dozen governments.
IFC, The World Bank’s private sector arm, is providing a $20mn financing package to Metito, a leading global provider of water and alternative energy management solutions, to support improved ...
Outrage as Turkish parliament passes “chilling” law that “will lead to identifying dissenters”.
At the same time, ING discordantly claims it senses possible turning point for foreigners’ interest in Turkish bonds.
Russian companies and African states signed a number of new memoranda last week at the first Russia-Africa Summit in Sochi
The two loss-making companies have built up over $11bn worth of debt and will struggle to make repayments in the coming year, says a report by Moscow Centre for Analytics, Research, Strategies and Technologies (ARST).
In December last year Vostok New Ventures (VNV), a major Swedish investment firm operating internationally, invested $4.5mn in online bus ticketing platform Busfor, in addition to the $4mn it had injected in the company in mid-2018