Addressing Africa’s $66 Billion Resource Debt Challenge
Recently, AfDB President Akinwumi Adesina criticized resource-backed loans for burdening African nations with unclear, risky debts.
April 25, 2024Section
Southern Africa
Southern Africa – South Africa, Angola, Zambia, Zimbabwe, Mozambique and Botswana – anchors the continent’s deepest capital markets and its richest seams of platinum, copper, gold, diamonds and gas. The Rio Times follows the rand, the Johannesburg market, mining and energy deals, and the South Atlantic ties that increasingly link the region to Brazil and Latin America. This hub collects our daily Southern Africa coverage for investors and expats.
Browse by themeAfrica Critical Minerals · Africa Energy · Africa Markets & Investment · Africa & Latin America · Africa & the Great Powers · Doing Business & Living in Africa
BHP’s Bold $39 Billion Bid to Transform the Mining Landscape
BHP, the world's largest mining firm, has launched a $39 billion acquisition bid for its competitor, Anglo American.
April 25, 2024
Namibia’s New Oil Frontier: Galp Energia’s Groundbreaking Discovery
Amidst the vast, unyielding expanse of the Atlantic off the coast of Namibia, a narrative of opportunity and economic transformation...
April 24, 2024
Brazil and South Africa Forge Stronger Ties
Brazil is ramping up its diplomatic efforts in Africa, a key region in President Luiz Inácio Lula da Silva’s global...
April 24, 2024
Wealth Flight and Future Prospects in Africa
Over the past decade, Africa has seen about 18,700 high-net-worth individuals leave the continent for several reasons.
April 18, 2024
Zimbabwe Turns to Brazil for Corn Amid Regional Drought Crisis
Zimbabwe is set to import corn from Brazil for the first time since 2014 as El Niño triggers severe droughts,...
April 15, 2024
Political Winds Shift Ahead of South Africa’s Elections
As South Africa's May 29 election nears, a Social Research Foundation survey reveals significant changes in the political scene.
April 12, 2024
Africa’s Robust Economic Outlook for 2024
In 2024, Africa's economy is set for a significant rebound, demonstrating resilience amid past global challenges and the pandemic.
April 10, 2024
Zimbabwe Launches Gold-Backed ZiG Currency in Economic Revamp
On April 8, 2024, Zimbabwe transitions to the gold-backed ZiG currency, moving away from the depreciating ZWL
April 8, 2024