Vedanta Resources is trying to raise around $1 billion in debt financing to fund development of its Konkola Copper Mines (KCM) in Zambia, Chris Griffith, head of the company’s base metals unit, said.
Africa’s leading public health official will write to the U.S. Secretary of State on Thursday to highlight how the U.S. aid freeze is threatening the lives of people across the continent and efforts ...
Uganda’s central bank held its key lending rate at 9.75% on Thursday, saying that near-term inflation appeared well-contained but the outlook was more uncertain than normal given external risks.
Kenya’s central bank governor said on Thursday that bank officials did not see much effect on the exchange rate from U.S. President Donald Trump’s foreign aid freeze. In late January, Trump placed a ...