SA Rand was steady in early trade on Thursday

Uganda’s long-delayed national oil refinery is entering a decisive phase as the government moves closer to sealing a $4 billion partnership with United Arab Emirates-backed Alpha MBM Investments LLC, a step that energy experts believe could reshape fuel supply across East and Central Africa.

Burkina Faso has made measurable progress in strengthening its public investment management system, but significant weaknesses continue to limit the impact of rising capital spending on infrastructure and service delivery, according to a new International Monetary Fund (IMF) assessment.

The President of the African Development Bank (AfDB) Group, Dr Sidi Ould Tah, has reaffirmed the institution’s strong commitment to supporting Guinea’s Simandou 2040 Programme.