Gold and silver prices plunge after a sharp rally reversal shocks global markets, wiping out record gains as investors react to policy shifts and rising volatility.
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Category: Business
Business
IMF board approves final review of Zambia’s lending program, unlocking $190 million
The IMF approves Zambia lending program after completing its final review, unlocking $190 million to support economic recovery and debt reforms.
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CBK invites bids for reopened 15 and 25 year Treasury Bonds
The Central Bank of Kenya has reopened two long-term Treasury bonds to raise Ksh 50 billion, offering investors stable returns through government securities.
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Step-by-Step Guide for Buying Kenya Pipeline Shares Online
The Kenya Pipeline Company IPO 2026 marks East Africa’s first fully digital share offer, allowing investors to buy shares from as little as Ksh900 using phones or computers.
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Zambia Holds Early Talks With China on Currency Swap to Reduce Dollar Risk
Zambia has begun early talks with China on a currency swap aimed at reducing dollar debt exposure and easing financial risks.
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Transition Managers Help Protect Value During Portfolio Changes
Transition management helps investors protect value and reduce hidden risks when changing portfolio strategies.
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Ethiopia Reaches Draft Deal to Restructure $1 Billion International Bond
Ethiopia has reached a draft deal with bondholders to restructure its $1 billion international bond, marking progress in its debt talks.
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The Crucial Link in East Africa’s Manufacturing Ambitions
Tanzania is investing in energy infrastructure, natural gas, and renewables to power manufacturing growth and strengthen its position in East Africa.
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Africa’s Creative Economy, Urban Strain, and the Rise of Mobile Money
Africa’s creative economy is gaining momentum as mobile money transforms finance and fast-growing cities struggle to manage rapid urban expansion.
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Tidjane Thiam’s Road From CEO to Political Challenger
Tidjane Thiam’s memoir reveals his rise from global CEO to political contender in Côte d’Ivoire, and the challenges that shaped his path.
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B20 Puts African Businesses at the Global Decision-Making Table
The B20 Troika, Brazil, South Africa, and the United States, convened this week to discuss how global business can strengthen cooperation in a rapidly changing world. Under South Africa’s leadership, the B20 placed Africa at the centre of global decision-making, producing 30 actionable recommendations on energy transition, digital transformation, investment, and inclusive growth. Leaders emphasized that Africa’s economic potential is vital to global progress and that business must act as a bridge amid rising geopolitical tensions.
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Ethiopia, Dangote Seal $2.5B Fertiliser Deal
Ethiopia has secured a major investment partnership with Nigeria’s Dangote Group, one of Africa’s largest conglomerates, to build a $2.5 billion fertiliser plant in the…
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South32 Risks $372M Loss as Mozal Smelter Faces Closure
Australian resources company South32 Ltd is bracing for a potential shutdown of its flagship Mozal aluminium smelter in Mozambique, after failing to secure a sustainable…
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Mobile Money Payments Now Available for Flydubai Travelers in Kenya and Uganda
In a strategic move to enhance payment accessibility for its East African customers, flydubai has announced a partnership with Network International (Network), a leading enabler…
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