by afrikanfrontier | May 28, 2023 | Business, News
South Africa’s crucial rail line connecting the nation’s wealthiest province to the continent’s largest container port has been severely hampered, operating at only 25% of its capacity due to rampant vandalism and damage to the rail infrastructure....
by afrikanfrontier | May 28, 2023 | Business, Finance, News
Manuel Chang, the former finance minister of Mozambique, is expected to face charges in the United States related to his alleged involvement in a high-profile scandal known as the “tuna bond” scandal. This development comes after Mozambique’s appeal...
by afrikanfrontier | May 28, 2023 | Business, Finance, News
Akinwumi Adesina, the President of the African Development Bank, has voiced concerns over the inadequacy of climate finance allocated to Africa. Speaking at the annual meetings of the multilateral lender in Sharm El-Sheikh, Egypt, Adesina emphasised the urgent need...
by afrikanfrontier | May 23, 2023 | Business, News
A contentious diplomatic dispute between the United States and South Africa has triggered a sharp decline in the value of the rand, reaching its lowest level ever. This escalating tension between the two nations raises concerns about South Africa’s ability to...
by afrikanfrontier | May 23, 2023 | Business, News, Politics
In the face of ongoing economic challenges, President Emmerson Mnangagwa of Zimbabwe has made a resolute pledge to address the role of private businesses, which he believes have contributed to the nation’s current turmoil. Describing the relationship between his...
by afrikanfrontier | May 23, 2023 | Business, News
Tanzania has successfully concluded negotiations with international energy companies for a long-awaited liquefied natural gas (LNG) export project, estimated to be worth $40 billion. This milestone sets the stage for the finalisation of agreements in the coming weeks....
