Bloomberg Opposition from South Africa’s state power utility Eskom Holdings SOC Ltd. and government infighting threatens to sabotage the world’s fastest-growing green energy program. Eskom is stalling on signing government-brokered deals to buy renewable energy from private producers, encouraged to develop capacity after outages over the past eight years hobbled Africa’s most industrialized nation. With the economy in the ...

Bloomberg Egypt’s net foreign reserves rose to the highest level in more than five years in November, as the country started receiving money from the International Monetary Fund and global lenders. Reserves reached $23.1 billion, up from $19 billion in October, according to data posted on the central bank’s website. Egypt got the first $2.75 billion installment of a $12 ...

Reuters GFH Financial Group hopes to largely complete the acquisition of Bahrain’s Bank Al Khair in the first quarter of next year and is at an advanced stage of exploring a merger with another Bahraini bank, its chief executive said on Tuesday. “The recent merger we announced was Bank Al Khair – we hope during the first quarter of 2017 ...