IHS owns and operates thousands of telecom towers in five African countries, including Nigeria and South Africa.

Worries about the cost of living outstripped political and security concerns.

The move taps into the country’s plan to expand gas production as a driver of economic growth.

Investment in the sector is rebounding, with startups raising a record sum in debt financing last year.

The trial caps months of concerns about security in Africa’s largest democracy after a series of military takeovers in neighboring nations in recent years.

The completion of the IMF program underscores huge progress by the southern African nation in restructuring $13 billion worth of debt.

The move will end Nissan’s five-decade presence in South Africa as the company battles to regain its footing in the global market.

Beijing’s total lending in 2024 amounted to $2.1 billion, down by more than 90% from its 2016 peak, a new report showed.

But Africa’s private capital industry outperforms global peers in gender representation, a new report argued.

The fund will invest in renewable energy, agriculture, and transportation programs in Africa.

Trade Minister Jumoke Oduwole said Abuja was in discussions with several Global South nations and Gulf states to secure agreements.

President Yoweri Museveni is widely expected to extend his four-decade rule following Thursday’s vote.