The next 12-18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest-rate hikes sweep the region, a senior director of credit ratings agency Fitch said on Wednesday (21 September). African economies have struggled over the last year in the face of external forces including lingering effects from the COVID-19 […]
Africa’s digital content creation market has reached $5.1 billion in valuation as of March 2025, with projections indicating expansion to nearly $30 billion by 2032, representing a 28.7% annual growth rate that positions the continent as a major player in the global creator economy. The continent now represents over 17% of global internet users, with […]
Sound Energy has stricken a deal to acquire all of Oil & Gas Investment Fund’s (OGIF) assets in Eastern Morocco – that includes 20% Tendrara, 75% of the Meridja project and a 75% stake in acreage close to Tendrara. Sound Energy will thus acquire the OGIF’s hydrocarbon assets in eastern Morocco in exchange for 272m […]
