Emenike Agu

Thousands of undocumented migrants are trying to leave South Africa before nationwide anti-immigrant protests scheduled for June 30, amid growing fears that the demonstrations could turn violent. In Durban, thousands of Malawian nationals queued at a temporary processing centre hoping to secure transport home, while hundreds of Zimbabweans...

Ghana has reached a new agreement with large-scale mining companies to purchase 30 percent of their gold output beginning July 1, as the country moves to strengthen its foreign exchange reserves and expand local gold refining capacity. The announcement was made by the government on Thursday as part of efforts...

China’s central bank has authorised Standard Bank and the Industrial and Commercial Bank of China (ICBC) to provide Renminbi (RMB) clearing services across Africa, marking a significant step in Beijing’s efforts to expand the international use of its currency. The approval, granted by the People’s Bank of China...