Indian Prime Minister Narendra Modi with South African President Cyril Ramaphosa and Chinese President Xi Jinping at the BRICS summit in South Africa on August 24, 2023. [Image: Per-Anders Pettersson/]
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JOHANNESBURG, Oct 19 (Reuters) – South Africa’s finance minister is expected to present an improved fiscal outlook in his mid-term budget on Wednesday, with a revenue windfall bolstering a push to regain an investment-grade credit rating.
Standard Bank Group (ISIN ZAE000109815) agreed to invest up to USD 200 million in OPay on October 9, 2026, linking the African lender to the fintech’s proposed New York listing, as Business Insider Africa reported. Standard Bank Group said the agreement also covers digital banking, payments, lending and remittances across Africa.
South Africa has been named among the world’s best countries for food in 2026, emerging as the only African country to feature on the list and putting its diverse culinary scene in the global spotlight.
Aliko Dangote disclosed plans to list at least 10% of the group’s Ethiopian fertiliser business.
16-10-2026 By Pie Kamau | Channel: oil-gas | Tags: Angola Energy Oil & Gas Upstream Oil and Gas
The company, which is listed as the sole global supplier of the C-130J empennage (an aircraft stabilizer assembly), wants to expand its defense manufacturing activities in Africa’s largest manufacturing country.
The IMF said in a press briefing held today, October 13, in Bangkok, Thailand that while the Global Economy has been resilient, that resilience is under strain with the risks tilted to the downside.
An oil tanker at a Libyan export facility. Pakistan is exploring crude oil imports from Libya as it seeks to diversify its energy supplies. Image credit: The Libya Observer
Airtel Money has started trading on the London Stock Exchange after its initial public offering (IPO). The deal values the mobile money business at £5.3 billion, about US$7.0 billion.
