Finance

US’s unilateral withdrawal from the Iran Nuclear Deal may heighten tensions in the region: AU Commission

mousa FakiThe Chairperson of the African Union (AU) Commission, Moussa Faki Mahamat, has expressed deep concern at the decision of the US government to unilaterally withdraw from the July 2015 Joint Comprehensive Plan of Action (JCPoA) on the Iran nuclear programme and reimpose sanctions on Iran

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Moody's expects oil price-related impact on Nigeria's economic recovery to be modest

Nigeria oilMoody's in a report said that the impact of Nigeria's economic recovery on the back of climbing oil prices would be modest and that it would continue to face fiscal pressure

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Increasing agri-business development in Ethiopia with the Agriculture Fast Track Fund

AfDB AGFThe African Development Bank (AfDB) has signed two agreements to finance agri-business development projects through the Agriculture Fast Track Fund

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South Africa and Kenya vow to resolve bilateral issues

SA KSouth Africa and Kenya have committed to resolving outstanding bilateral issues between the countries in preparation for the upcoming 6th Session of the Joint Trade Committee (JTC) which will be held in Mombasa, Kenya in September 2018

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Fitch revises outlook on Angola to stable, affirms rating at ‘B’

Angola LourencoFitch affirmed Angola’s sovereign rating at ‘B’, even as it revised its outlook on the country to “stable” from “negative”

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