Africa-focused e-commerce retailer Jumia Technologies will close its South African online fashion retailer Zando and its Tunisian operations by the end of the year to sharpen its focus on its other ...

Namibia’s central bank cut its main interest rate by 25 basis points to 7.25% on Wednesday, citing a retreat in domestic inflation and global monetary policy easing. Inflation in the southern African ...

The answer is a place which, I believe, will prove vital to world trade and global economic growth in the next 25 years – Africa. At the United Nations General Assembly this month I met African ...

The Ugandan shilling was broadly stable on Wednesday due to muted demand for dollars from commercial banks and importers, ...

South Africa’s rand gained in early trade on Wednesday, ahead of domestic retail sales data that could provide some early hints on the growth prospects of Africa’s most industrialised economy, ...

The Kenyan shilling was unmoved against the dollar on Wednesday, data from the London Stock Exchange Group showed. At 0657 ...

The following scheduled economic events, equity and currency moves may affect South African markets on Wednesday. ECONOMIC ...

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. EVENTS: *ETHIOPIA – State-owned Ethio ...

Impeachment proceedings against Kenya’s deputy president are constitutional, a court said on Wednesday, clearing the way for the Senate to hold hearings and vote on his dismissal this week. Kenya’s ...

JPMorgan Chase, the largest U.S. lender, plans to enter Kenya and Ivory Coast this year and grow its footprint in Africa, CEO Jamie Dimon told Reuters. International markets are a growth area for ...

Millions of people across southern Africa are facing the worst food crisis in decades, the World Food Programme (WFP) said on ...

In August 2024, a federal judge determined that the online search giant Google is a monopolist that wields its power to ...