Africa economic momentum

South Africa’s currency strengthened further against the US dollar on Tuesday, supported by record high gold prices and improving domestic economic indicators. According to Reuters, the rand traded at 16.6875 per dollar at 0745 GMT,…

The military‑led governments of Mali, Burkina Faso and Niger have officially launched a new regional investment bank capitalised at 500 billion CFA francs ($895 million), marking one of the most significant financial collaborations among…