Deadly floods prompted South Africa’s iconic Kruger National Park to shut to further visitors, after extreme rainfall killed dozens in the northeast of the country and neighboring Mozambique.

Mozambican President Daniel Chapo expects TotalEnergies SE’s $20 billion liquefied natural gas project to restart as early as this month, reviving a potentially key revenue source for the cash-strapped government.

Mozambique will only start talks with creditors to renegotiate its debt after reaching an agreement on a new program with the International Monetary Fund, President Daniel Chapo said.

Mozambique will only start talks with creditors to renegotiate its debt after reaching an agreement on a new program with the International Monetary Fund, President Daniel Chapo said.

Mozambique will only start talks with creditors to renegotiate its debt after reaching an agreement on a new program with the International Monetary Fund, President Daniel Chapo said.

Zambia will seek a new deal with the International Monetary Fund as its existing program ends this month, with election pressures pointing to a potential agreement in the first half of the year.

Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.

Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.

Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent.

The International Monetary Fund said it’s working hard to create the necessary conditions for a new financed program with Mozambique, as the southeast African nation faces “immense pressures.”

Mozambican President Daniel Chapo urged TotalEnergies SE to resume its $20 billion LNG project despite an ongoing audit of the company’s additional cost claims, increasing pressure on the French major to restart one of Africa’s biggest energy developments.

Mozambican President Daniel Chapo urged TotalEnergies SE to resume its $20 billion LNG project despite an ongoing audit of the company’s additional cost claims, increasing pressure on the French major to restart one of Africa’s biggest energy developments.

The International Monetary Fund’s head of mission to Zambia is set to take up the same role for Senegal early next year, overseeing a country facing a financial crunch after uncovering billions of previously undisclosed state borrowing.

Mozambique’s economy shrank for a fourth straight quarter as output in the southern African nation’s electricity, gas and water-distribution industry slumped.

Zambia has shaken off five years with a debt-default tag, with Fitch Ratings upgrading its assessment of the southern African nation’s credit to B- and a stable outlook. Yields on its dollar bond edged lower.

Zambia’s presidency rejected proposed regulations that seek to give the state a minimum 15% stake in mines producing copper and other critical minerals without having to pay for it.

Global demand for transmission lines will affect the affordability of South Africa’s plan for a 440 billion-rand ($25.4 billion) national power-grid upgrade, according to the chair of the state-owned utility.

South Africa’s deputy finance minister said improved investor sentiment has created an opportunity for the country to return to the eurobond market.

The United Arab Emirates plans to invest $1 billion to expand artificial intelligence infrastructure and services across Africa, bolstering its influence on a continent that’s lagged behind the rest of the world in adopting the technology.

S&P Global Ratings removed its default rating for Zambia, five years after the country missed a dollar bond payment in 2020 and became Africa’s first pandemic-era sovereign defaulter.