Nigeria and South Africa Sign Mining Agreement
On April 17, Nigeria and South Africa signed a pact to enhance collaboration in the mining sector. The partnership includes joint geological mapping using drones and sharing of mineral data, aiming to diversify Nigeria's economy beyond oil .
Reuters
South Africa's Central Bank Signals Limited Policy Easing
The South African Reserve Bank stated that the scope for monetary policy easing has narrowed due to global uncertainties, including trade tensions initiated by the U.S. Inflation is expected to decline to 3.6% in 2025, but domestic political uncertainties persist
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