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News
Africa’s Trade Deficit With China Widens To USD 80 Bn As Value-Addition Gap Deepens
21+ hour, 8+ min ago (574+ words) Trendsnafrica...
Tim Draperâs USD 7.9 Mn Tanzania Resort Sale Draws Bizarre Offers Of Gold Mines, Homes And Cattle
1+ day, 6+ hour ago (642+ words) The sale has also attracted scrutiny over the legal status of the island and the nature of Draper’s interest in the property. Tanzanian authorities have clarified that Draper does not personally own Lupita Island. Instead, his investment is tied to…...
Ugandan Bankers Requests Meeting With President Museveni To Discuss To Back Vision Of Ten-fold Increase In Growth
1+ day, 8+ hour ago (191+ words) Ugandan Bankers Requests Meeting With President Museveni To Discuss To Back Vision Of Ten-fold Increase In Trendsnafrica (3 Minutes Read) Ugandan bankers want an audience with President Museveni and a special parliamentary session to present financial reforms needed to support the…...
Kampala Hosted Uganda-Nigeria Business Forum: Newer Areas Of Cooperation Identified
1+ day, 8+ hour ago (207+ words) Kampala hosted the Uganda-Nigeria Business Forum 2026 on Sept 9-10 to drive AfCFTA trade, investment, and bilateral partnerships across East and West Africa. Uganda and Nigeria are set to deepen economic ties as business leaders, investors and policymakers from the two countries…...
Angola Offers Up To USD 261 Mn Standard Bank Stake In Major Public Share Sale
1+ week, 1+ day ago (360+ words) Angola is moving to sell a 34% stake in Standard Bank de Angola through a public share offering that could raise as much as USD 261 million, turning part of an asset seized from former insurance executive Carlos São Vicente into publicly…...
US Treasury Department To Take Retaliatory Steps Towards Branches Of Egyptâs Banque Misr In The United Arab Emirates
2+ week, 1+ day ago (152+ words) US Treasury Department To Take Retaliatory Steps Towards Branches Of Egypt’s Banque Misr In The United Arab Trendsnafrica (3 Minutes Read) US action is limited to transactions of Banque Misr branches in the UAE "with correspondents in US dollars only, and…...
Kenya To Bridge Budget Deficit Through Domestic Borrowing
2+ week, 5+ day ago (190+ words) The National Treasury of Kenya has set a Ksh 1.15 trillion borrowing target for the 2026-27 financial year as the government seeks to finance its budget deficit while refinancing part of its existing debt. The borrowing target is contained in the Annual…...
Ghana’s Stanbic Bank Offers Direct Access To China-Cross Border Interbank Payment
3+ week, 7+ hour ago (162+ words) Trendsnafrica Stanbic Bank Ghana has become the first bank in the country to offer clients direct access to the China Cross-Border Interbank Payment System, following approval from the Bank of Ghana in a move expected to simplify and accelerate trade…...
Sasol To Invest In Local Development In Mozambique
3+ week, 2+ day ago (176+ words) Trendsnafrica (3 Minutes Read) According to Sasol, the programme enabled the construction of 11 water supply systems, the drilling of 25 new boreholes, the rehabilitation of 97 and the restoration of 17 water supply systems Sasol plans to invest USD 36.5 million (â¬31.6 million) in local…...
Guodong Plans USD 300 Mn Investment In Kenya’s Digital Infrastructure
3+ week, 2+ day ago (426+ words) Chinese digital infrastructure company Guodong Group is planning to invest approximately USD 300 million in Kenya over the coming years, with the proposed investment targeting key areas of the country’s rapidly expanding digital economy. The investment is expected to focus on…...