MOZAMBIQUE

Occidental Petroleum reaches $8.8 billion deal to sell Anadarko’s African oil and gas assets to Total

Oil giant, Occidental Petroleum, has reached a deal to sell Anadarko Petroleum's oil and gas assets in Africa to French oil major Total for $8.8 billion, Occidental CEO Vicki Hollub announced...

World Bank raises $700 million for storm-hit African countries of Mozambique, Zimbabwe and Malawi

The World Bank announced on Friday that it had raised over half a billion dollars to help people in Mozambique, Malawi and Zimbabwe, three African nations hit by Cyclone Idai in...

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IMF approves additional $156 million disbursement to Cameroon to respond to COVID-19 economic fallout

The International Monetary Fund (IMF) on Wednesday approved an additional $156 million disbursement to Cameroon to...

Sub-Saharan Africa faces difficult road to recovery amid COVID-19 economic fallout, IMF says in latest economic outlook

Sub-Saharan Africa is facing a difficult road to recovery amid COVID-19 economic fallout, the International Monetary Fund (IMF) said in its...

IMF approves additional $156 million disbursement to Cameroon to respond to COVID-19 economic fallout

The International Monetary Fund (IMF) on Wednesday approved an additional $156 million disbursement to Cameroon to respond to COVID-19 economic fallout.

Half of women in the world are jobless, UN says in shocking new report

Less than 50% of working-age women are in the labour market, a figure that has barely changed over the last quarter...

South Africa launches $6 billion COVID-19 employment stimulus

South Africa has launched a $6 billion (R100 billion) COVID-19 employment stimulus to be implemented over the next three years.

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