Africa
South Africa secures first Fitch rating upgrade since 2005
By Liesl Peyper and Suren Naidoo · South Africa received its first credit-rating upgrade from Fitch Ratings in almost 21 years on...
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Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank
AYODEJI ADEGBOYEGA Absa is facing one of the most significant shareholder rebellions seen in South Africa’s banking industry in recent years...
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When global trade becomes a weapon, how can African economies protect themselves?
Jonathan Munemo (Professor of Economics, Salisbury University) European Central Bank president Christine Lagarde made this comment in February 2026, while...
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Calm before the storm for South Africa
South Africa is expected to report modest economic growth for the first quarter of 2026—but economists warn that this will...
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Billionaire Patrice Motsepe’s company targeted by criminal syndicate
African Rainbow Capital (ARC), founded and chaired by South African billionaire Patrice Motsepe, says a criminal syndicate is fraudulently using...
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US targets Nigeria, South Africa and 3 other key African economies in new tariff crackdown
SEGUN ADEYEMI Nigeria and South Africa are among five African countries that could face higher tariffs on exports to the...
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Africa gains influence as Zimbabwe wins seat on UN Security Council
Zimbabwe has secured a seat on the United Nations Security Council, giving Africa a stronger voice in a body whose...
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African Development Bank 2026 Annual Meetings: Governors endorse the Four Cardinal Points and call for accelerated reform of Africa’s financial architecture
The African Development Bank Group’s five-day Annual Meetings in Brazzaville, concluded on 29 May 2026 with the Board of Governors...
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Egyptian billionaire family lead North African alliance into Central Africa’s infrastructure and energy markets
Victor Awogbemila The billionaire El Sewedy family of Egypt is currently deploying industrial capital into Central African markets, positioning its...
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MTN Group unveils new Executive appointments across Africa operations
Ahead of the retirement later this year of Paul Norman, MTN Group has announced the appointment of Mitwa Ng’ambi as the MTN...
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