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 …
Africa
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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(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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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COVID raises risk of mental health problems; new Omicron version not making people sicker in S. Africa
by ReutersBy 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 …
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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 …