Half of the ten least performing currencies in the World are African, said a Bloomberg report, highlighting the risk facing some of the continent’s devalued currencies due to lack of dollar liquidity. Zambian kwacha, the Angolan kwanza, and the Nigerian naira are in the top 3 most fragile African currencies, according to the report. Zambia’s […]
Namibia’s first ‘green hydrogen’ power plant — and also first one being built in Africa — which is expected to begin producing electricity in 2024, presents the southern African country with a dilemma: while Namibia is championing the clean energy, it also announced earlier this month that huge oil deposits had been discovered off its […]
The 17th U.S.-Africa Business Summit is held in Luanda, Angola this June 22 – 25 under the theme, “Pathways to Prosperity: A Shared Vision for U.S.-Africa Partnership”. The summit, bringing together more than 1,500 delegates including African presidents, heads of government, cabinet members, and senior U.S. Government officials and leaders from U.S. and African companies, […]
