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Rest of Africa
S. Africa records $24.25b current account surplus, best ever as Covid cases ease
South Africa’s Covid infection rate is falling and after two straight quarters of positive GDP numbers, it has one more economic reason to cheer.
The country just posted a record surplus…
For MTN Group, it is up up up as share price on JSE nearly doubles in a year
MTN shares have breached the R130 mark for the first time since March 2018, continuing their upward march, a sign that investors are behind management’s growth strategy.
Shares in…
Deal with Boeing could see Ethiopia venture into aerospace manufacturing
Ethiopian Airlines Group will resume flights with the Boeing Co. 737 Max jet possibly in January under a deal that could see Ethiopia venture into aerospace manufacturing.
The…
Zambia’s president shows how a leader impacts his country
Zambia’s new president, Hakainde Hichilema, is turning the nation’s economic fortunes around barely a week into the job.
The southern African nation’s currency and dollar bonds have…
BioNTech snubs Nigeria, target Senegal, Rwanda as base for malaria vaccine production
COVID-19 vaccine maker BioNTech says it was looking into building malaria and tuberculosis vaccine production sites in Rwanda and Senegal, narrowing its search for African locations and…