May 26, 2017

MoneyWeb – Africa Business News



MoneyWeb – Africa Business News

Africa – Business, Financial and Investment news and tools

Rwandan bank mulls JSE listing

Along with Nairobi or London. The lender will make a decision by December.

IMF offers three-pillared prescription for African growth

Fund recommends that countries better manage their budgets and diversify their economies.

A decade after debt forgiveness, Africa still hooked on dollars

UNCTAD estimates that Africa's external debt stock rapidly grew to $443 billion by 2013 through bilateral borrowing, syndicated loans and bonds.

Sub-Saharan Africa needs better laws for $100bn gap

Governments must upgrade financial systems for projects.

Standard Bank says arranges $120m debt package for Zimbabwe Power Company

Company has been grappling with power and liquidity shortages.

Brexit to benefit African exporters in long-term, Ecobank says

UK is sub-Saharan Africa’s sixth-largest trading partner.

Sub-Saharan Africa economic growth to recover slightly in 2017 – IMF

Overall weak outlook partly reflects insufficient policy adjustment, IMF director says.

Mugabe leaves for medical checks in Singapore

Critics say his infirmities make him unfit to hold office.

Zimbabwe risks power cuts from Eskom over arrears – paper

Country owes the power utility R603 million, of which R119 million is outstanding arrears.

Africa investors eye niche markets as biggest economies slip

Ivory Coast, Senegal, Ghana among favoured destinations.

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