Africa

Angola is poised to become the latest emerging nation to abandon its currency peg as it seeks to rescue an...

South African assets rallied early Monday as investor hopes grew that pro-reform candidate Cyril Ramaphosa was likely to have secured...

Zimbabwe will trim spending and relax laws that require black citizens to hold majority stakes in companies as well as...

The World Bank lowered its economic growth forecasts for Kenya as delays in spending cuts, weak credit extension, and political...

Some Zimbabweans were able to withdraw U.S. dollars from automated teller machines this week for the first time in about...

Jacob Zuma, South African President called for concrete measures to boost growth after S&P Global Ratings downgraded the local currency...

South Africa’s failure to stabilise the country’s fiscal situation could see its credit rating downgraded deep into junk territory, the...

Emmerson Mnangagwa, Zimbabwe's new president Friday rallied all Zimbabweans to unite and work together to revive the battered economy. In his...

Akinwumi Adesina, President, African Development Bank (AfDB), says the African aviation sector accounts for about nine percent of aircraft accidents...

Zimbabwe’s economic growth is threatened by high government spending, an untenable foreign exchange regime and inadequate reforms, a senior International...