Zambia plans $1.1 billion oil refinery in copperbelt to cut fuel imports.
Zambia has signed a landmark agreement to develop a $1.1 billion crude
Author: Stella
Africa’s largest diamond producer may devalue currency again as prices fall.
Citigroup Inc. has warned that Botswana may be forced to devalue its
Saudi reserve assets rise to $459bn in May on foreign deposit surge.
Saudi Arabia’s official reserve assets reached SR1.72 trillion ($459 billion) in May,
Foreign investors buy nearly 100 billion euros of euro zone bonds in May, Citi says
Euro zone bonds saw nearly 100 billion euros ($116.4 billion) of buying
China looks to Africa as testing ground for global roll-out of yuan
China appears to be positioning Africa as a testing ground for internationalization of the
Russian banks prepare for bailouts as Putin’s war hammers economy.
Russia’s banks are reportedly seeking to arrange bailouts from Moscow as borrowers
BlackRock’s assets under management hit a record high of $12.5 trillion on second-quarter market rally.
BlackRock’s assets under management hit a new high in the second quarter
Syria signs $800m Tartous port deal with UAE firm DP World.
Syria has finalized an $800m agreement with Dubai-based DP World to redevelop
Africa’s largest gold producer to hedge prices as reserves hit $11.1 billion
Ghana is developing a plan to hedge its gold exports in a
EU, South Korea seek US trade deals to soften tariff blow.
The European Union and South Korea said on Monday they were working