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Zimbabwe Got Loan From Afreximbank Using Platinum Collateral

LONDON - Zimbabwe secured a US$500 million loan from the African Export-Import Bank to try and stabilize its currency market by offering platinum production as collateral,...

India Among Top Five Africa’s Investors

India is among the top five countries that have invested in the African continent, External Affairs Minister S. Jaishankar said on Tuesday.  "With cumulative investments...

Patrice Motsepe Donates 1 billion rand towards SA’s Coronavirus Fight

JOHANNESBURG - South African mining magnate Patrice Motsepe has donated 1 billion rand to help South Africa in its fight against coronavirus. The billionaire’s...

Malawi Central Bank Projects Growth in 2019

LILONGWE - The Reserve Bank of Malawi (RBM) says it expects strong growth in the manufacturing sector buoyed by a strong performance in the agriculture...

Downside Risks Remain After Wall Street’s Worst Year Since 2008

Wall Street had a brutal 2022, as surging U.S. inflation has prompted the most aggressive Federal Reserve rate hike campaign in decades, raising fears...