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Mexican President Announces 20% Increase in Minimum Wage for 2024

Mexican President Andres Manuel Lopez Obrador declared a significant 20 per cent hike in the minimum wage starting in 2024, describing it as a...

Nigeria Cholera Outbreak: 30 Dead, Hundreds Infected

Nigerian health officials are raising alarms over a cholera outbreak that has resulted in at least 30 deaths since the beginning of the year,...

Pan African Investor Mulls US$1,25bn Fund, Sees Opportunities Where Many Are Scaling Down

PRETORIA - Helios, the Pan African private equity investment firm co-founded by Nigerian-born dealmakers Tope Lawani and Babatunde Soyoye-is planning to raise US$1,25 billion...

Zimbabwe Power Utility in Talks With Afreximbank on Debt Plan

HARARE - Zimbabwe’s state electricity utility is in talks with the African Export–Import Bank Ltd. to help clear $70 million of arrears it owes power producers in neighboring...

Afreximbank Obligations Create Forex Impasse for Zim Government & Miners

Harare - As inflationary pressures turn Zimbabwe into a consumptive market, local miners have requested Government to allow for the full retention of their foreign currency...