Ratings agency S&P on Friday affirmed its rating and outlook on South Africas sovereign debt citing reforms pursued by Cyril Ramaphosas government
Finance
FAPA and AFAP to support supply and utilisation of fertiliser in Africa
On the sidelines of the AfDB’s Annual Meetings in Busan, Korea, the Fund for African Private Sector Assistance (FAPA) donors and the African Fertiliser and Agribusiness Partnership (AFAP) have signed an agreement to support local supply and utilisation of fertiliser by smallholder farmers in Africa
Higher oil prices to help Angola cut debt: IMF
The executive directors of the IMF said higher oil prices should help Angola cut debt and provide the government with cash to make investments in order to reduce its dependence on oil revenues
Obama Foundation selects Tshimologong’s CEO Lesley Williams
Lesley Williams, CEO of Tshimologong Precinct, Johannesburg’s leading digital innovation hub, has been selected as a member of the inaugural class of the Obama Foundation Leaders: Africa programme
Low oil production minimised Cameroon’s economic growth in 2017, says IMF
Overall economic growth in Cameroon decelerated to 3.2 per cent in 2017, due to a steep decline in oil production despite the gradual rebound in international prices, said IMF’s Corinne Deléchat after concluding visit to Yaoundé from 27 April to 14 May 2018