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magazine

Economy

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  3. Page 52
S&P downgrades Senegal’s rating to “CCC+” due to growing financial constraints
15 Nov
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S&P downgrades Senegal’s rating to “CCC+” due to growing financial constraints

Senegal’s long-term sovereign credit rating was reduced from “B-” to “CCC+” by
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Boeing was ordered in a landmark verdict to pay the family of the 737 MAX crash victim more than $28 million
14 Nov
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Boeing was ordered in a landmark verdict to pay the family of the 737 MAX crash victim more than $28 million

In a landmark decision, a Chicago jury ordered Boeing to pay $35.85
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Meta adds ads to WhatsApp as the messaging app grows its revenue strategy
14 Nov
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Meta adds ads to WhatsApp as the messaging app grows its revenue strategy

WhatsApp will start showing advertisements on its Updates page, which will be
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Congo has achieved the milestone of producing its first 1,000 tons of traceable artisanal cobalt
14 Nov
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Congo has achieved the milestone of producing its first 1,000 tons of traceable artisanal cobalt

In the Democratic Republic of the Congo, which provides a large portion
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President Mnangagwa announces a significant Dangote investment agreement to revolutionize Zimbabwe’s infrastructure, fertilizer, and energy sectors
13 Nov
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President Mnangagwa announces a significant Dangote investment agreement to revolutionize Zimbabwe’s infrastructure, fertilizer, and energy sectors

President Mnangagwa extends a warm welcome to Aliko Dangote in Zimbabwe, marking
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Libya’s Zallaf for Oil and Gas has successfully completed its first shipment from the Chadar oil field
13 Nov
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Libya’s Zallaf for Oil and Gas has successfully completed its first shipment from the Chadar oil field

The Chadar oil field in the Sirte Basin, southeast of Ajdabiya in
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Nigerian lawmakers authorize an additional 1.15 trillion naira in borrowing to close the budget deficit
13 Nov
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Nigerian lawmakers authorize an additional 1.15 trillion naira in borrowing to close the budget deficit

Nigeria’s National Assembly authorized a further 1.15 trillion naira ($784 million) in
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Kagame is in Guinea to start the “biggest” mining project
12 Nov
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Kagame is in Guinea to start the “biggest” mining project

The Simandou Iron Ore operation, considered the world’s largest active mining operation,
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IMF says Senegal has the right to make its own decisions about how to deal with its debt
12 Nov
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IMF says Senegal has the right to make its own decisions about how to deal with its debt

The International Monetary Fund said on Tuesday that it has talked with
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China’s BAIC is set to begin assembling B30 SUVs in South Africa at the start of next year
12 Nov
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China’s BAIC is set to begin assembling B30 SUVs in South Africa at the start of next year

Beijing Automotive Group (BAIC) South Africa’s CFO announced that the company will
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