By Hadeel Al Sayegh DUBAI (Reuters) -Americana Restaurants, the Middle East and North Africa franchisee of fast-food restaurants KFC and Pizza Hut, said it planned to launch an initial public…
By Bhargav Acharya and Alexander Winning JOHANNESBURG (Reuters) – South Africa still has space to raise interest rates, its central bank governor said on Tuesday ahead of a rate decision…
At Dickey’s, all our barbecued meats are smoked onsite in a hickory wood burning pit. Texas-style barbecue restaurant announces master agreement to open eight new locations across Botswana by 2032…
MIDDLETOWN, NJ – Andrew Suarez, 29, of Middletown, has been arrested and charged by the federal government for money laundering in an international scheme to defraud, based out of South…
NEWARK, N.J. – A Monmouth County, New Jersey, man has been indicted for laundering money on behalf of the Cape Town Zone of Black Axe, U.S. Attorney Philip R. Sellinger…
JOHANNESBURG (Reuters) – Rio Tinto’s South Africa unit will source solar power from a plant built by France’s Voltalia, the mining firm said on Thursday, the latest to seek alternative…
JOHANNESBURG (Reuters) – African startups attracted a record $3.5 billion in venture capital investment in the first half of this year, bucking a global decline in dealmaking linked to worldwide…
JOHANNESBURG (Reuters) – South Africa’s foreign direct investment (FDI) inflows dropped in the second quarter of 2022, while household debt levels rose and consumption expenditure slowed, central bank data showed…
JOHANNESBURG (Reuters) – Africa is losing 5% to 15% of its per capita economic growth due the effects of climate change and is facing a gaping climate finance shortfall, according…
THE NEW SCRAMBLE FOR AFRICA: Europe Eyes Africa’s Vast Gas Reserves As Alternative To Russia Micaela Burrow on July 27, 2022 European countries see African energy resources as a possible…
(Reuters) – South African private sector activity expanded at a faster rate in June, helped by growth in demand and employment, a survey showed on Tuesday. The S&P Global South…
MOSCOW – Russia is increasing gasoline and naphtha supplies to Africa and the Middle East as it struggles to sell fuel in Europe, while Asia is already taking bigger volumes of Russian…
JOHANNESBURG – The South African government said on Tuesday it was taken aback by Ryanair’s decision to force UK-bound travelers holding the country’s passport to take a test in Afrikaans…
ABIDJAN – Ivorian economist Jean-Claude Brou, president of West Africa’s main political bloc, has been nominated by Ivory Coast President Alassane Ouattara to be governor of the regional central bank,…
JOHANNESBURG – Africa risks sliding into stagflation – a cycle of slow growth and high inflation – as it battles the lingering effects of the pandemic and rising fuel and…
LONDON -British International Investment (BII) and U.S. bank Citigroup Inc have signed a $100 million risk-sharing facility aimed at boosting lending to small businesses across Africa by up to four…
BERLIN – Senegal, South Africa, India and Indonesia will be invited as guest countries to attend the G7 summit hosted by Germany in June , a German government spokesperson said…
By Nellie Peyton DAKAR – U.N. Secretary-General Antonio Guterres on Sunday urged debt relief for African countries and more investment to help their economies recover from the COVID-19 pandemic and…
By Rachel Savage and Karin Strohecker LONDON – Energy prices that have soared since Russia’s war in Ukraine are a “major concern” for South Africa’s economy, Finance Minister Enoch Godongwana…
By Humeyra Pamuk and Daphne Psaledakis WASHINGTON – U.S. Special Envoy for the Horn of Africa David Satterfield will step down from his role before summer, sources familiar with the…
By Joe Bavier JOHANNESBURG – The African Development Bank (AfDB) is aiming to raise $1 billion to rapidly ramp up agricultural production in Africa and stave off a potential food…
WASHINGTON – Africa’s economic outlook is particularly vulnerable to higher food and fuel prices prompted by Russia’s invasion of Ukraine, as well as to reduced tourism revenues and diminished access…
By Helen Reid and Praveen Menon – Australian and South African miners are exploring ways to supply coal and metals consumers in Europe scrambling for alternative sources to Russian supply,…
By Nancy Lapid – The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet…
DAKAR -The European Union has earmarked over 150 billion euros ($170 billion) for investments in Africa under a global fund launched to offer an alternative to Chinese money, the European…