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Poor harvests in critical production areas in west Africa double global prices in two months
Bankrupt southern African nation moves closer to exiting default with revised bondholder arrangement
West African country steps up scrutiny of world’s largest cryptocurrency exchange
John Lamola reasserts goal of becoming a ‘global brand’ as state-owned carrier turns profit for first time since 2011
Hakainde Hichilema says ‘long overdue’ agreement with China and others given greater urgency by devastating drought
The headline acts will be the US Federal Reserve, the Bank of Japan and the Bank of England
Parts of the country’s biggest city have been without running water for almost two weeks amid a heatwave
Ransacking of warehouses and deadly stampede at grain sale spark fears of breakdown in law and order
The government needs to start by improving security and stabilising the economy
Authorities hold senior company executives for two weeks after crackdown on cryptocurrency websites
Electricity tsar says issue that has plagued the country for more than a decade would be largely over by year end
There are grounds for medium-term optimism after years of negative news
Department says bill could derail billions of dollars in multilateral financing if signed into law
African state steps up pressure on exchanges as it tries to halt speculation on naira
New central bank governor Olayemi Cardoso’s 400bp increase aims to tackle soaring inflation and stem naira’s slide
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
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