Finance

UK expands export finance in West Africa

UKEFSteve Gray will be taking up office at the British High Commission in Accra as the UK Export Finance’s (UKEF) country manager, to strengthen trade relations between Ghana and the UK

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Chinese companies to invest US$10bn in the Limpopo SEZ in South Africa

SEZThe Limpopo Economic Development Agency (LEDA) has signed memorandums of understanding (MOU) and a memorandum of agreement (MOA) with nine Chinese companies who will invest more than US$10bn in the Musina-Makhado Special Economic Zone (SEZ)

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S&P affirms South Africa rating on government reforms

Cyril RamaphosaRatings agency S&P on Friday affirmed its rating and outlook on South Africa's sovereign debt citing reforms pursued by Cyril Ramaphosa's government

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FAPA and AFAP to support supply and utilisation of fertiliser in Africa

FAPAOn the sidelines of the AfDB’s Annual Meetings in Busan, Korea, the Fund for African Private Sector Assistance (FAPA) donors and the African Fertiliser and Agribusiness Partnership (AFAP) have signed an agreement to support local supply and utilisation of fertiliser by smallholder farmers in Africa

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Higher oil prices to help Angola cut debt: IMF

Angola PresidentThe executive directors of the IMF said higher oil prices should help Angola cut debt and provide the government with cash to make investments in order to reduce its dependence on oil revenues

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