15 h. ago Top Africa Money Manager Sees Private Capital Fixing Funding Gap

Africa’s largest money manager sees private capital as key to narrowing the continent’s $100 billion annual infrastructure-financing gap, critical to boosting economic growth and lifting millions out of poverty.

Economics

17 h. ago South Africa Has Met 10% of Reform Targets, New Tracker Shows

About a 10th of the targeted measures South Africa requires to tackle anemic economic growth have been fully implemented over the past 18 months, a new tracker showed.

Society

40 h. ago Kenya Key Rate Dips Below Uganda’s for First Time Since 2023

Kenya’s benchmark interest rate fell below neighboring Uganda’s for the first time since 2023, signaling a greater emphasis in Nairobi to stimulate economic growth.

Other

46 h. ago Russia Set to Sidestep Recession for Now, Even as Growth Fades

Russia’s economy likely returned to growth last quarter, dodging a recession despite pressure from ultra-high interest rates.

Other

9 d. ago Finance and foreign ministers in Mexico to talk trade ahead of Carney’s visit

OTTAWA — Foreign Affairs Minister Anita Anand and Finance Minister Francois-Philippe Champagne are in Mexico to meet with President Claudia Sheinbaum to talk economic growth, trade and security. Their trip is happening ahead of Prime Minister Mark Carney’s planned visit to Mexico to meet with Sheinbaum. The U.S. hit Canada on Friday with a 35 […]

Politics

1 week ago Oil Drops After OPEC+ Supply Hike Amplifies Concerns Over Glut

Oil fell after OPEC+ agreed to another bumper output increase, stoking concerns about global oversupply just as the US-led trade war may be exacting a toll on economic growth and energy consumption.

Other

4 w. ago Carney pitches major project powers to skeptical First Nations as advancing ‘Indigenous economic growth’

Chiefs who attended the gathering came armed with concerns and questions about the government's new law, which ushers in a new process for approving major infrastructure projects from ports to pipelines

Politics

4 w. ago Iron Ore Tops $100 for First Time Since May on China Sentiment

Iron ore rose above $100 a ton on improving sentiment over Chinese economic growth, and as Rio Tinto Group brought forward its timeline for the first shipment from a massive mine in Guinea.

Economics