Africa

Africa

Cryptoeconomy: Why Nigeria is a global leader in Bitcoin trade

More cryptocurrency trading goes on in Nigeria than almost anywhere else in the world, reflecting a loss of faith in more traditional forms of investment, as Ijeoma Ndukwe reports.

Eni to invest $7 billion in Angola over next four years

Italian energy group Eni plans to spend around $7 billion in Angola over the next four years along with its partners in a country it sees as key to its future growth strategy.

Togo: successful first issued bonds to support economic recovery

The latest bond issue of Togo on the WAEMU securities market was oversubscribed with investors raising CFA112.69 billion.

African economies projected to rebound in 2021

Economic growth in Africa is expected to rebound after its worst recession in 50 years, according to the African Development Bank (AfDB)’s African Economic Outlook 2021.

COVID-19 shrinks South Africa’s economy for first time in 11 years

South Africa's economy contracted for the first time in 11 years in 2020 as coronavirus lockdowns hampered the economy by disrupting trade and output.

Orange Business Services to design and build cloud-based ICT infrastructure for...

Orange Business Services, a network-native digital services company, has announced that it will design and build a new data center to provide cloud services for Egypt’s ‘New Administrative Capital'.