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Africa’s most successful carrier says continent’s airlines are being held back by inability to operate freely in the region
Many are questioning the wisdom of abruptly eliminating the subsidies without a shock-absorbing plan
Deals with creditors are crucial to a $1.3bn IMF bailout
Move comes ahead of a general election as the ruling ANC seeks to quell unease at its handling of the economy
Lesetja Kganyago says inflation still poses risk even as other emerging markets start to loosen policy
Research highlights risks posed by pan-continental reforestation project
Currency has become top performer in Africa in 2024 after falling by one-fifth last year
Dismissal of Ken Ofori-Atta seen as ruling party’s attempt to draw a line under economic debacle
Nairobi plans to refinance part of a $2bn repayment due in June that was expected to strain public finances
Finance minister says dispute over bondholder deal could be resolved in the first half of the year
Move leaves official exchange rate close to black market rate and follows removal of currency peg last year
World’s top cocoa producer tests appetite for riskier debt after two-year hiatus for sub-Saharan African issuers
Agencies are convenient scapegoats but recent data shows no negative bias towards countries in the region
Fears of a new ‘scramble’ for influence in the continent are, in part, tempered by features of its economic and demographic promise
Supermajor follows other international groups in region hit by oil theft, violence and environmental damage
MultiChoice reverses decision not to screen Africa Cup of Nations after fierce bidding battle
The agreement that would give Addis Ababa port access is a boost for the autonomous territory in its quest for statehood
Lured by the promise of jobs at the ‘cutting edge of AI’, they ended up in a battle for their rights
Rio Tinto hopes $20bn Guinea iron ore, rail and port plan will pave way for ‘new era’ of mining
Fitch downgrade further formalises third default for an African country in as many years
Giant statue of King Ramses II and King Khufu’s 4,600-year-old boat are among the displays at the Grand Egyptian Museum
Countries across the continent have been unable to capitalise on their demographic dividend
IMF deal is ‘major milestone’ in the revival of one of the world’s most troubled nations
Selection of Dan Marokane comes as electricity monopoly oversees record blackouts and deals with large debt burden
First batch of crude from Shell’s oil trading arm marks milestone for refinery
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