Africa
IMF Team Visits Kenya Amidst Financial Uncertainty Following Protests
A team of staff from the International Monetary Fund (IMF) is currently visiting Kenya on a fact-finding mission, according to...
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South Africa’s Coalition Government Faces Test as Controversial Education Bill Becomes La
South Africa’s governing coalition is bracing for potential turbulence as President Cyril Ramaphosa prepares to sign the Basic Education Laws...
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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...
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Woolworths 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...
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Ethiopia 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...
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World 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....
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Ugandan 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,...
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Greenhouse 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...
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Cocoa 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...
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Nigeria 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...
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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.