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North and South African News Today

NORTH AFRICA

ALGERIA

An Algerian-Italian Business Club has been created on Wednesday in Algiers by both countries businessmen at the initiative of Managers Forum (FCE), aiming at boosting partnership between the Algerian-Italian economic operators. (APS.DZ) READ MORE…

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Business and economy: Top news headlines from across Africa on October 20, 2016

Nigeria: ExxonMobil, the world’s largest oil company by market value, has quit Nigeria’s downstream oil sector, divesting its 60 percent stake in Mobil Oil Nigeria (MON) to Nipco Plc., an…

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Africa’s stock markets — October 05

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Insights and analysis

What next for South Africa after avoiding junk status?

Why was the country not downgraded to junk?

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East and West African Round Up

EAST AFRICA

KENYA

The government took an additional Sh3 billion above the targeted Sh30 billion from this month’s Treasury bond issues, taking advantage of a 36-per cent over subscription on the issue. (BUSINESS DAILY AFRICA) READ MORE

Kenya is at a risk of defaulting on…

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North and South African News Round Up

NORTH AFRICA

EGYPT — Egypt’s energy subsidies for the 2015–16 financial year will total between 45 billion and 48 billion Egyptian pounds ($5.07 billion-5.41 billion). (REUTERS) READ MORE

LIBYA- Conflict, political strife and loss of oil revenues have left…

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Business and economy: Top news headlines from across Africa on November 05, 2016

Egypt: Hungry for dollars after the central bank floated the pound on Thursday, Egyptian banks are offering market rates for the greenback as they try to build their reserves before interbank…

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In 2016 Africa must end its addiction to commodities, or it will be the 1980s all over again

BETWEEN the years 2000 and 2015, the majority of African countries have been doing fairly well financially because the commodities they export have commanded high prices.

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Afternoon Breifing; Business News Round Up

EAST AFRICA

KENYA

The Kenyan shilling was stable against the dollar on Wednesday, Underpinned by hard currency inflows from non-governmental organisations and exports of horticultural products. (REUTERS) READ MORE

TANZANIA

Tanzania’s economy is on…

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Markets and investing

Could production in Nigeria and Libya undermine OPEC cuts?

A quick look at stocks, forex and commodities

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Business in Africa
Business in Africa
The information you need to understand and do business in Africa - News and economy. Markets and investing. Insights and analysis. Powered by @Afrinnovator.
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