A Chinese official in Nigeria says Beijing plans to invest over $300 billion in Africa to increase African exports and help close the large trade gap with China. China’s plans for more investment in Africa have been welcomed by some, but critics worry …
At least six people died in a crush outside a stadium hosting a game at Africa’s top soccer tournament in Cameroon on Monday, a local government official said, realizing fears about the capacity of the Central African country to stage the continent’s b…
The International Monetary Fund board on Monday approved a three-year $455 million loan for the Republic of Congo to help undergird the small African nation’s economic recovery.The global crisis lender will provide $90 million immediately under the Ext…
ABUJA — Nigerian President Muhammadu Buhari is unveiling a massive pyramid of rice harvested by farmers to pay back bank loans they borrowed to expand their production. Nigerian officials say the low-interest loans helped more than double the average y…
U.N. Secretary-General Antonio Guterres urged international business leaders and economists on Monday to do their part to make post-COVID19 economic recovery equitable across the globe.“At this critical moment, we are setting in stone a lopsided recove…
China is financing the construction of four coal-fired power plants in southern Africa, despite its climate pledge in September to quit supporting such infrastructure overseas. But the new facilities taking shape in South Africa and Zimbabwe are just a…