Zimbabwe has suspended banks from lending money to private companies and government agencies

On Saturday, the President of Zimbabwe, Emmerson Mnangagwa, issued an executive order that banks should stop extending loans following the rapid devaluation of the...

Sanlam announces strategic €2 billion deal with Allianz to combine resources across 29 African countries

One of Africa's largest insurance services providers, Sanlam, has announced a strategic partnership with Allianz SE, a global leader in insurance and asset management. In...

Angola Stock Exchange is finally set for its first IPO 8 years after it was established

After eight whole years since its establishment in 2014, the Angola Stock Exchange is finally set for the first Initial Public Offering (IPO) on...

Job opportunities as Google announces first product development Centre in Africa

Google has announced it is establishing its first product development centre in Africa, which will be located in Nairobi, Kenya to develop solutions that...

South Africa’s richest black man Patrice Motsepe donates $2 million to KwaZulu-Natal flood victims

South African billionaire and President of the Confederation of African Football, Patrice Motsepe, has pledged $2 million to support flood victims in KwaZulu-Natal and...

Economic growth in Africa will drop to 3.4% this year due to macroeconomic shocks —World Bank

The World Bank disclosed in the latest edition of its Africa Pulse report that the continent's economic growth will drop by 0.6% to 3.4%...
Exit mobile version