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Africa

Africa: Remittances to Hold Steady Despite Return of Thousands From South Africa, Says Mnangagwa Spokesperson

eriinfo.com3 weeks ago03 mins

THE return of Zimbabweans from South Africa fleeing xenophobic attacks will not affect Zimbabwe’s remittances, which account for a significant proportion of the gross domestic product, a government official has said. GeographicReferenceAccording to statistics, Zimbabwe has since recorded US$1.55 billion in diaspora remittances, a figure that is expected to double before the year-end, as per…

Africa

Africa Startup Funding Holds Steady As Early-Stage Deals Dip

eriinfo.com3 weeks ago06 mins

African startups raised between $1.3 billion and $1.4 billion in the first half of 2026, in line with the $1.4 billion recorded a year earlier, per data from TechCabal and The Big Deal, showing funding has stabilized despite a tougher venture capital market. The total was supported by a handful of large transactions, even as…

Lenovo holds steady in SA amid volatile PC market

eriinfo.com2 months ago08 mins

Yugen Naidoo, Lenovo general manager for South Africa. Amid ongoing global supply chain disruptions and a persistently challenging economic environment, Lenovo is working to sustain profitability in South Africa’s highly-competitive PC market. It is exercising tighter operational discipline, with resilient sourcing strategies and a sharpened focus on demand-driven execution. This is according to Yugen Naidoo,…

Bank of Japan keeps rates steady as expected, warns Iran war may push up inflation

eriinfo.com5 months ago06 mins

The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023. Kazuhiro Nogi | Afp | Getty Images The Bank of Japan on Thursday kept its rates steady at 0.75% as expected, but noted that inflation risks now are tilted to the upside due to the Iran war….

Africa

Africa: Global Economy Shows Signs of Steady but Subdued Growth

eriinfo.com7 months ago09 mins

The global economy has shown resilience amid turbulence during the past year, including shifting trade policies – yet growth remains subdued and far below pre-pandemic levels, the UN said in a landmark report published on Thursday. The World Economic Situation and Prospects 2026 predicts that global economic output will grow by 2.7 per cent this…

Africa

Africa: OPEC Keeps Oil Output Steady Amid Turmoil Among Members

eriinfo.com7 months ago05 mins

Abuja — Crude price fell over 18% in 2025 The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ kept oil output unchanged yesterday after avoiding discussions of the multiple political crises affecting the producer group’s members, from the Middle East as well as Russia, Iran and Venezuela. Sunday’s meeting of eight members…

Africa

Afreximbank Delivers Solid, Steady Performance for the Nine Months Ended 30 September 2025

eriinfo.com9 months ago07 mins

FORWARD-LOOKING STATEMENTS African Export-Import Bank (Afreximbank) Group makes written and/or oral forward-looking statements, as shown in this release and other communications, from time to time. Likewise, officers of the Bank may make forward-looking statements either in writing or during verbal conversations with investors, analysts, the media, and other members of the investment community. Statements regarding…

Africa: Sub Saharan Africa: Steady Growth Amid Fiscal Challenges

eriinfo.com9 months ago08 mins

Increasing government revenue and better managing debt can help foster resilience and accelerate growth Over the past six months the realignment of global priorities and increasingly turbulent external conditions have continued to test sub-Saharan Africa. Yet the region’s economies are proving resilient. As our recent economic outlook for the region shows, economic growth is projected to hold…

Africa

Africa: Global Childhood Vaccination Holds Steady, Yet Over 14 Million Infants Remain Unvaccinated – Who, Unicef

eriinfo.com1 year ago012 mins

Geneva/New York — In 2024, 89 per cent of infants globally – about 115 million – received at least one dose of the diphtheria, tetanus and pertussis (DTP)-containing vaccine, and 85 per cent – roughly 109 million – completed all three doses, according to new national immunization coverage data released today by the World Health…