Africa
Johannesburg Stock Exchange’s half-year profit slips on lower equity trading Amid Economic Challenges
South Africa’s Johannesburg Stock Exchange Ltd (JSE) reported a slight dip in half-year profits on Wednesday, reflecting the impact of...
Read moreWoolworths Projects Up to 32% Drop in Full-Year Headline Earnings Amid Weak Sales and High Living Costs
South African upmarket fashion and food retailer Woolworths has forecast a decline of up to 32% in full-year total headline...
Read moreEthiopia Secures $3.4 Billion IMF Deal, Paving Way for Debt Restructuring
Ethiopia has secured a new $3.4 billion financing deal with the International Monetary Fund (IMF), setting the stage for the...
Read moreWorld Bank Approves $1.5 Billion for Ethiopia’s First Budget Support Amid Debt Restructuring Efforts
The World Bank has approved $1.5 billion in financing for Ethiopia, marking its first-ever budget support lending to the country....
Read moreUgandan Shilling Holds Steady Amid End-Month Dollar Inflows
The Ugandan shilling remained stable on Wednesday, supported by end-of-month dollar inflows from charities, according to traders. At 1050 GMT,...
Read moreGreenhouse Farming Offers Hope for Food Security in Mogadishu, Somalia
In the face of longstanding food insecurity exacerbated by civil strife, recurrent droughts, and recent flooding, Somalia is witnessing a...
Read moreCocoa Prices Soar Amidst Poor Harvests, Poses Challenges for Chocolate Makers
The International Cocoa Organization (ICCO) has reported a remarkable surge in cocoa prices in recent months, with the cost of...
Read moreNigeria Set to Officially Export Locally Produced Commodities to African Nations Under AfCFTA Initiative
Nigeria is poised to commence formal exportation of locally produced commodities to South Africa, Rwanda, Cameroon, and Kenya starting in...
Read moreSouth Africa Targets Gold and Currency Reserves in Unusual Move to Manage Debt Ahead of Elections
South Africa's Finance Minister, Enoch Godongwana, has announced an unusual decision to use a third of the country's gold and...
Read moreMali, Burkina Faso, and Niger Withdraw from ECOWAS, Citing Foreign Influence
Mali, Burkina Faso, and Niger Republic have formally exited the Economic Community of West African States (ECOWAS), alleging that the...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.