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A doctor returning from a humanitarian mission in Congo has tested positive for Ebola, marking France's first case during the current outbreak, the French health ministry said on June 24. Congo's Ebola outbreak has infected more than 1 000 people and killed 267, with the largest number of confirmed cases within the first month of any episode of the disease, according to the World Health Organisation.
Afreximbank cancels annual meeting over Ebola concernsThe African Export-Import Bank cancelled its annual meeting set for El Alamein, Egypt, citing measures taken jointly by Egypt and the African Union following the rise in Ebola cases in central Africa. The Democratic Republic of Congo has reported 782 cases of Ebola after an outbreak was declared a month ago, creating concerns for travel around the region for meetings and other events, with Uganda also reporting infections.
Republic of Congo faces mounting debt pressures as regional credit tightensThe International Monetary Fund warned on March 17 that the Republic of Congo's finances have weakened, with public debt rising to 97.2% of GDP by the end of 2025 and the current account deficit widening to 5.8% of GDP. The country raised $670-million in November through a private placement with a re-offer yield of 13.7%, underscoring the high cost of market borrowing for weaker sovereigns as tight liquidity in the regional treasury market hinders refinancing of maturing debt.
Congo Updates
Angola – one of only two Portuguese-speaking nations in our Southern African neck of the woods – plans to introduce French as a compulsory school subject from the age of ten, a move officials argue...
The emergence of Guinea's Simandou as a large-scale, high-grade iron-ore supplier marks a significant change in the global seaborne iron-ore market. According to consultancy Wood Mackenzie...
The global representative body for the airline industry, the International Air Transport Association (IATA), has highlighted that its next Focus Africa Conference will again be hosted by Ethiopian...
S&P Global Ratings has cautioned that African governments face rising debt risks as hard-currency repayment schedules in 2026 increase pressure on external buffers, contributing to rollover risks....
South Africa raised $3.5-billion in a sale of dollar bonds that attracted demand for almost four times that amount, the latest sign of investors flocking to the nation’s financial assets. Africa’s...
The pace of iron-ore exploration and project development across Africa will depend largely on future price levels, which, in turn, are influenced by global supply and demand dynamics, according to...
A yawning gap has emerged in views about copper between those counting on mine disruptions to send prices of the major industrial metal to fresh record highs and sceptics who say demand is weak and...
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