Harmony Gold Locks In US$1.1 Billion Copper Expansion Deal
Harmony Gold secured an oversubscribed R20bn multi-currency loan package to refinance debt and fund its Australian copper growth, including the...
July 29, 2026Topic
BRICS
Nigerian Court Voids Lawmakers’ US$47M Compensation Order Against Seplat
A Federal High Court voided a N72.6bn ($47.2m) legislative compensation order against Seplat Energy, ruling that Nigeria’s parliament cannot award…
July 29, 2026
Libya Central Bank Injects US$2 Billion to Prop up Dinar
Libya’s Central Bank injected $2 billion in early April 2026 to narrow the gap with the parallel market, bringing the...
July 29, 2026
Mozambique Central Bank Swings to Profit on FX and Gold Gains
Banco de Moçambique swung to a 4.2B meticais H1 2026 profit, reversing a 5.9B loss, as FX and gold gains...
July 29, 2026
East African Community (EAC) Single Currency Delayed to 2031
The East African Community has formally pushed its single-currency deadline from 2024 to 2031, with Tanzania reaffirming commitment to the...
July 29, 2026
Russian-Made Shahed-136 Drones Hit Africa’s Sahel Conflict
Mali’s army used Shahed-136-type drones in strikes on Inafarak and Talahandak in July 2026, marking the clearest evidence yet of...
July 29, 2026
Nigeria Accuses South Africa of Xenophobic Violence Complicity
Nigeria formally accuses South African security forces of xenophobic violence complicity after 116 citizens killed. Trade and AfCFTA now at...
July 29, 2026
AI Job Squeeze Threatens 3.3 Million South African Workers
AI automation is restructuring South Africa’s BPO sector, slowing hiring for entry-level roles and reshaping a vital first-rung job market...
July 29, 2026 Kenya T-Bills Draw US$1.4 Billion as Investors Bet on Rates
Investors poured US$1.4bn into Kenya's 91-day Treasury bills in 10 weeks, betting on higher rates and leaving the Treasury a...
July 29, 2026