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The International Monetary Fund now puts Kenya's 2026 economy at about US$151 billion, still seventh in Africa and about US$6 billion behind Angola. The post Kenya Economy Estimate Rises to US$151 Billion appeared first on The Rio Times.
Formula One on Tuesday announced its upcoming return to Africa with a Grand Prix in Rwanda expected in the early 2030s, a first since 1993.
Africa has recorded the world's fastest improvements in disaster resilience, a new major global study has revealed.
Formula One has signed a 10-year agreement with Rwanda to bring the sport back to Africa for the first time since 1993.
Mauritius, Seychelles and Botswana are the most capitalist countries in Africa, according to the Global Capitalism Index, a new ranking published by researchers affiliated with the University of Virginia.
As the International Monetary Fund prepares to release its flagship World Economic Outlook in Bangkok on Tuesday, the headline message is one of stability. But behind the forecasts, a fierce debate is unfolding over Africa’s debt burden, austerity measures and the rising cost for ordinary citizens.
Alain Ebobissé, CEO, Africa50 and Smt. Nirmala Sitharaman, Union Minister of Finance & Corporate Affairs, Republic of India discuss the policies and partnerships shaping investment in emerging economies with Bloomberg's Haslinda Amin at the 2026 Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)
Africa is rich in energy, yet hundreds of millions Africans still live without electricity, most of the world's total.
Rio Times · Africa Intelligence Brief October 12, 2026 — Anti-immigrant arson hits Durban and Soweto; Nigeria evacuates 111 more citizens and faces petrol price anger; Ethiopia processes two foreign banking bids after a five-decade restriction is lifted. The post Africa Intelligence Brief — Monday, October 12, 2026 appeared first on The Rio Times.
At events marking China’s National Day in Africa on October 1, robots provided the entertainment. In Luanda, Angola, dancing robots amused guests and ambassador Zhang Bin called the industry “a small snapshot of the Chinese economy’s move towards innovation and higher-quality development”. In Brazzaville, Congo, nearly 400 guests – including Congolese officials and Chinese business representatives – watched on as a robot dog performed. Guests also interacted with a robot dog at a Chinese New...
S. Jaishankar arrived in Ethiopia on October 8 from Côte d’Ivoire on the final leg of his three-nation tour of African countries, which also included Ghana.
As international aid to Africa dries up, what does it mean for women and children on the ground? We report from Kenya on the impact of cuts to US-aid backed health programmes for women. Annette Young also talks to Nana Zulu from the African Women's Development Fund on what it means for the region as a whole. Plus the bravery of Borneo's female firefighters; as Indonesia endures its worst fire season in 11 years, these women are also facing a sexist backlash.
Prediction markets price Cruz Azul at 49% at Pumas, Toluca at 27% for the Liga MX title and Flamengo at 64% in Brazil. Weekend odds for LatAm and Africa. The post LatAm and Africa Football Odds, Weekend of 10 Oct appeared first on The Rio Times.
Ecobank and China's Cross-Border Interbank Payment System have signed a MOU to strengthen payment connectivity between China and Africa. It comes as the pan-African banking group opens its first office in Beijing. Jeremy Awori, Group CEO of Ecobank spoke to Bloomberg’s Chief Africa Correspondent Jennifer Zabasajja on Horizons Middle East & Africa about their agreement with China plus their operations in Senegal and the future of their Chairman. (Source: Bloomberg)
Ecobank Transnational Inc. is stepping up efforts to facilitate direct yuan payments for clients trading with China as the pan-African lender seeks to boost ties with the continent’s biggest trading partner and reduce reliance on the dollar.
Oryx Energies SA, an Africa-focused trader, was sold for around $1 billion in a management buyout, according to a source familiar with the deal.
Mauritius Commercial Bank reported an increase in net interest income for the full year that’s as geopolitical tensions are driving up oil & gas prices. Jennifer Zabasajja, Bloomberg's Chief Africa Correspondent spoke to Thierry Hebraud, CEO of Mauritius Commercial Bank on the earnings and the formation of the new Africa Credit Ratings agency. (Source: Bloomberg)
In tonight's edition, witnesses say Eritrean troops have moved into Ethiopia's Tigray region, but Asmara rejects the reports. Also, the African Union launches the Africa Credit Rating Agency, aiming to assess the financial health of African states and companies. And South African civil society is pushing back against the expansion of data centres that require vast amounts of electricity, water and land.
Which African industries are poised to benefit from today’s geopolitical climate? Jennifer Zabasajja has the 2026 Investor’s Guide to Africa. (Source: Bloomberg)
Rio Times · Africa Intelligence Brief October 6, 2026 — Nigeria mourns a military plane crash that killed 32; Kenya reports its first Ebola death and traces 28 contacts; Abiy Ahmed is sworn in for a second term and repeats Ethiopia's Red Sea demand. The post Africa Intelligence Brief — Tuesday, October 6, 2026 appeared first on The Rio Times.
Sub-Saharan Africa’s economic growth will accelerate slightly this year despite headwinds from the Iran war, the World Bank said.
20 weeks into the Ebola virus outbreak, health workers have managed to tamp down some of the early hotspot but the virus is still spreading in the Democratic Republic of Congo, putting experts under mounting pressure. Jennifer Zabasajja, Bloomberg’s Chief Africa correspondent reports. (Source: Bloomberg)
US funding cuts caused sharp and lasting declines in HIV prevention, testing and treatment services at organizations serving some of the people most vulnerable to the virus in Uganda and Zimbabwe, according to new research.