Africa Finance Corporation (AFC) has exited its 35% equity investment in Atlantic Terminal Services Limited (ATSL), the concessionaire for the expansion of Ghana’s Takoradi Port, to the global ports and container terminals operator Yilport Holding.

Yield-chasing investors have poured money into the continent but an emerging, recent challenge for Africa

International Monetary Fund (IMF) staff and Rwanda have agreed to a new 14-month credit facility worth

Africa’s food and agribusiness will be worth an estimated US$1 trillion by 2030, African Development

S&P Global Ratings on Friday said it downgraded Egypt to B-/B with a stable outlook. The agency previously had a B/B rating on Egypt, and in April had downgraded its outlook on the nation to negative.

Morocco’s Inflation Slows, Govt Plans $62bn Budget Morocco’s annual inflation rate eased slightly to 4.9%…