Articles

  • 4 days ago | bloomberg.com | Katarina Hoije |Matthew Hill

    Forcing African development lenders to take losses in sovereign debt restructurings would set a dangerous precedent and increase the cost of financing on the continent, TDB Managing Director Admassu Tadesse cautioned.

  • 1 week ago | bloomberg.com | Katarina Hoije |Matthew Hill

    Zambia will restructure its debt with regional lenders including the African Export-Import Bank and remain in default on those payments until it completes the process, Finance Minister Situmbeko Musokotwane said.

  • 2 weeks ago | bloomberg.com | Rivaldo Jantjies |Loni Prinsloo |Matthew Hill

    These solutions-oriented companies are focused on tackling regional challenges including health care, food storage and banking services. Bloomberg’s inaugural list of African startups highlights companies developing innovative solutions to the continent’s many challenges. Investors fled Africa last year as interest rates in developed nations peaked, leading to a 22% drop in funding.

  • 4 weeks ago | bloomberg.com | Matthew Hill

    The headquarters of the African Development Bank in Abidjan, Ivory Coast, in 2022. (Bloomberg) -- US President Donald Trump’s plan to cut hundreds of millions of dollars of funding to the African Development Bank will have outsized repercussions, said Samuel Maimbo, who plans on engaging the superpower if he’s elected to lead the lender later this month.

  • 1 month ago | news.bloomberglaw.com | Taonga Clifford Mitimingi |Matthew Hill

    Zambia will by the end of this quarter announce new regulations governing the level of goods and services mining companies must give preference to local suppliers, the Ministry of Mines and Minerals Development said. The copper-rich nation’s government is still consulting with the industry and other relevant stakeholders on the matter, Paul Kabuswe told reporters Wednesday in Lusaka, the capital.

Journalists covering the same region

Zweli Martin Dlamini

Managing Editor at Swaziland News

Contributor at BBC

Freelance Writer at Mail & Guardian

Zweli Martin Dlamini primarily covers news in Mpumalanga, South Africa, particularly around the area near -26.5, 31.3.

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