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Category: Markets
Côte d'Ivoire Targets $5 Billion in Financing for 2025 Budget
13/01/2025
Kingsley Kobo
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Wegagen Bank Sets Milestone as Ethiopia's First ESX-Listed Company
12/01/2025
Michael Masrie
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Presco Nigeria’s Landmark Bond Sale Highlights Revival in Corporate Debt Market
10/01/2025
Dulue Mbachu
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Ethiopia’s Digital Banking Boom Faces Cash Reliance Hurdles
10/01/2025
Michael Masrie
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Kenyan Lending Rates Rise Despite Central Bank Efforts
09/01/2025
Otiato Guguyu
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Ghana Nominates New Finance Minister to Tackle Debt and Unemployment
09/01/2025
Kent Mensah
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IMF Supports Kenya’s Move to Regulate Cryptocurrency
09/01/2025
Patrick Alushula
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Ghana Seeks $90 Million to Prevent Power Crisis
09/01/2025
Kent Mensah
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Angola’s Oil Outlook Casts Doubts on Economic Growth
08/01/2025
Agostinho Gayeta
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Senegal and Mauritania Launch Ambitious Gas Project with Global Impact
08/01/2025
Gaius Kowene
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Ghana’s Inflation Hits 23.8%, Surpassing Central Bank Projections
08/01/2025
Joshua Worlasi Amlanu
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Kenyan Private Sector Faces Dim Prospects Amid Rising Taxes and Sluggish Growth
07/01/2025
Herald Aloo
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Nigeria Hikes Withholding Tax for Foreign Investors, Lowers It for Locals
07/01/2025
Dulue Mbachu
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Ghana Readies for Mahama’s Inauguration
07/01/2025
Emmanuel Bruce
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Kenya Airways Resumes Trading on NSE After Four-Year Suspension
06/01/2025
Herald Aloo
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Mozambique Protests Spark Debt Default Fears
06/01/2025
Dulue Mbachu
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Ghana Treasury Auction Surpasses Target Amid Economic Optimism
06/01/2025
Kent Mensah
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Ghana Upholds $346M Eurobond Payment Amid Economic Recovery Efforts
03/01/2025
Emmanuel Bruce
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Nigeria’s Eurobond Debt Climbs to $17.45 Billion Amid New Borrowing Spree
03/01/2025
Dulue Mbachu
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Tullow Oil Triumphs in $320M Tax Arbitration Against Ghana
03/01/2025
Joshua Worlasi Amlanu
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Ethiopia Eases Credit Growth Limits to Spur Economic Expansion
01/01/2025
Michael Masrie
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Nigeria’s New Securities Law to Usher in Virtual Asset Trading and Enhanced Investor Protections
31/12/2024
Dulue Mbachu
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Inflation, Debt, and Growth: Africa’s Economic Outlook for 2025
24/12/2024
Gaius Kowene
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Kagem Mine Suspension Raises Concerns for Zambia’s Economy
23/12/2024
Kennedy Mupeseni
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Côte d’Ivoire Raises $192M to Close the Year on a High
23/12/2024
Kingsley Kobo
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Nigeria to Defer Domestic Debt Payments in 2025 Amid Fiscal Strains
23/12/2024
Dulue Mbachu
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Ghana’s President-Elect Launches Bold Anti-Corruption Initiative
18/12/2024
Kent Mensah
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Côte d’Ivoire Launches Its Largest Gold Mine in Push to Diversify Economy
18/12/2024
Kingsley Kobo
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Zambian Parliament Green-lights $108 Million AfDB Loan to Bolster 2025 Budget
18/12/2024
Kennedy Mupeseni
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Tinubu Unveils Ambitious ₦47.9 Trillion Naira Budget to Stabilise Nigeria’s Economy
18/12/2024
Dulue Mbachu
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Ethiopia Opens Banking Sector to Foreign Players in Landmark Move
17/12/2024
Michael Masrie
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Ghana’s Treasury Bills Oversubscribed After Mahama’s Election Victory
17/12/2024
Kent Mensah
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Central African States Push for Local Investment to Tackle Poverty and High Costs
16/12/2024
Moki Edwin Kindzeka
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Ethiopia’s Securities Exchange Set to Launch in January 2025
16/12/2024
Michael Masrie
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Falling Returns on Kenyan Debt Instruments Reshape Investment Landscape
16/12/2024
Herald Aloo
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Nigeria’s Inflation Hits 34.6% in November Amid Year-End Price Surge
16/12/2024
Dulue Mbachu
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Ethiopia’s Central Bank to Ease Loan Growth Restrictions
06/12/2024
Michael Masrie
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Oromo Liberation Army Relocates to Camps as Ethiopia Embarks on Peace Deal Implementation
05/12/2024
Michael Masrie
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Nigeria Looks to Lithium to Revive Mining and Boost Revenue
05/12/2024
Vincent Nwanma
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Kenya’s Central Bank Cuts Base Rate Again to Boost Lending
05/12/2024
Patrick Alushula
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Senegal’s Trade Deficit Narrows by 70% on Export Boom
05/12/2024
Kingsley Kobo
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Biden’s Angola Visit Highlights $4 Billion Lobito Corridor Investment
04/12/2024
Agostinho Gayeta
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Ghana Prepares for Decisive Election
04/12/2024
Kent Mensah
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Nigeria’s $2.2 Billion Eurobond Sale Highlights Fiscal Challenges
04/12/2024
Dulue Mbachu
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Biden Announces $1 Billion Food Security Funding During Historic Angola Visit
03/12/2024
Agostinho Gayeta
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South Africa’s GDP Contracts by 0.3% in Third Quarter
03/12/2024
Thuso Khumalo
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IMF Disburses $360 Million to Ghana, Boosting Economic Recovery
03/12/2024
Emmanuel Bruce
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Ghana’s Parliament to Reconvene as Key Legislative Deadlines Loom
03/12/2024
Kent Mensah
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Angola Strengthens Ties with Africa's Trade and Development Bank
02/12/2024
Agostinho Gayeta
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Opposition to Tinubu’s Tax Reforms Grows, Threatening Overhaul Plans
02/12/2024
Vincent Nwanma
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Cameroon Tables $11.73 Billion 2025 Budget Amid Global Challenges
02/12/2024
Amindeh Blaise Atabong
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Namibia’s Ruling Party Poised to Retain Power Amid Oil Boom Prospects
02/12/2024
Dulue Mbachu
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Atlantic Lithium Cuts Operations as Ghanaian Mining Lease Delays Persist
29/11/2024
Joshua Worlasi Amlanu
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Ghana’s Presidential Candidates Sign Peace Pact Ahead of Elections
29/11/2024
Kent Mensah
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Kenyan Banks Urge Larger Rate Cut to Revive Private Sector Lending
29/11/2024
Patrick Alushula
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Nigerian Cocoa Farmers Push for Return of Regulatory Boards
29/11/2024
Dulue Mbachu
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Springfield’s Afina Oil Field Test Fuels Optimism for Ghana’s Energy Sector
29/11/2024
Emmanuel Bruce
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Zambia’s Capital Markets Surge Despite Economic Challenges
28/11/2024
Kennedy Mupeseni
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Côte d’Ivoire Strikes Second 'World-Class' Gold Deposit This Year
28/11/2024
Kingsley Kobo
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Angolan Eurobonds Plunge Following IMF Negotiation Denial
27/11/2024
Vincent Nwanma
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Cameroon Secures €38.1 Million AFREXIMBANK Loan for Rural Solar Electrification
27/11/2024
Amindeh Blaise Atabong
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Namibians Vote in Pivotal Election as Oil Wealth Looms
27/11/2024
Dulue Mbachu
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Burkina Faso’s PM Urges Businesses to Relinquish Claims as Patriotic Gesture
27/11/2024
Zombre Oumar
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Ghana’s John Mahama Accuses Electoral Commission of Bias Ahead of December Vote
27/11/2024
Kent Mensah
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Côte d’Ivoire to Allocate $6.6 Billion for Debt Servicing in 2025
27/11/2024
Kingsley Kobo
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Ghana Readies for Special Voting as Election Day Approaches
26/11/2024
Emmanuel Bruce
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Nigeria Restarts Port Harcourt Refinery After Five-Year Shutdown
26/11/2024
Vincent Nwanma
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Kuwait Unveils Real Estate Broker E-System to Modernise Property Transactions
26/11/2024
Faten Omar
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Nigeria’s GDP Grows by 3.46% in Q3, Driven by Services Sector
25/11/2024
Vincent Nwanma
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Nigeria’s Central Bank Faces Pressure to Hike Interest Rates Again
25/11/2024
Dulue Mbachu
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Kenya’s Central Bank Proposes New Rules to Strengthen Bank Liquidity and Stability
25/11/2024
Patrick Alushula
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Ghana’s Sovereign Wealth Fund Targets Stake in Canadian Miner
22/11/2024
Joshua Worlasi Amlanu
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Côte d’Ivoire Secures $137M as Rising Borrowing Costs Test Regional Markets
22/11/2024
Kingsley Kobo
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Gabon’s $290M Eurobond Buyback Sparks Debate Over Debt Strategy
22/11/2024
Kingsley Kobo
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Nigeria’s Cocoa Harvest Set to Rise 7% in 2024-25 Season
22/11/2024
Dulue Mbachu
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Ruto Cancels Adani Group Deals Following US Fraud Indictment
21/11/2024
Herald Aloo
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South Africa Cuts Interest Rate to 7.75% Amid Improving Economic Conditions
21/11/2024
Thuso Khumalo
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African Nations Tighten Control Over Mineral Wealth Amid Global Demand
21/11/2024
Dulue Mbachu
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UAE Raises AED 1.1 Billion in Oversubscribed Islamic Bond Auction
21/11/2024
George Charles Darley-Doran
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COCOBOD Rejects Claims Linking Ghanaian Cocoa to Contamination
21/11/2024
Emmanuel Bruce
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Nigeria’s Lawmakers Mandate N500 Billion Recapitalisation for Power Firms
20/11/2024
Vincent Nwanma
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Angola’s Economic Forecasts Draw Praise and Scrutiny
20/11/2024
Agostinho Gayeta
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Ghana Commissions $1.2 Billion Power Plant to Boost Energy Stability
20/11/2024
Kent Mensah
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Saudi Arabia Issues SAR 3.42 Billion in November Sukuk Program
20/11/2024
George Charles Darley-Doran
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Ghana’s Election Monitoring Group Warns of Electoral Misconduct
19/11/2024
Emmanuel Bruce
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Angola Offers 30% of BODIVA Shares to Public in Latest Privatisation Drive
19/11/2024
Agostinho Gayeta
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BoG Intensifies FX Liquidity Measures Amid Year-End Dollar Demand Pressures
19/11/2024
Joshua Worlasi Amlanu
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Ghana’s NDC Boycotts Emergency Parliament Sessions, Risking Mining Deals
18/11/2024
Kent Mensah
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Ghana Considers Cutting State Stake in Oil Exploration to Attract Investment
18/11/2024
Joshua Worlasi Amlanu
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Kenya's unclaimed financial assets swell to $580m
18/11/2024
Acutel
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Senegal’s ruling PASTEF party declares victory in parliamentary elections
18/11/2024
Dulue Mbachu
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Senegal Holds Parliamentary Elections as President Faye Seeks Majority
17/11/2024
Dulue Mbachu
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Bawumia Challenges Mahama to Debate as Election Campaign Intensifies
15/11/2024
Kent Mensah
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Nigeria’s Inflation Rises to 33.88%, Fueling Cost-of-Living Crisis
15/11/2024
Dulue Mbachu
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Ghana’s Jospong Group Secures $400 Million from Afreximbank for Waste and Rice Projects
15/11/2024
Kent Mensah
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Ghana’s Treasury Bill Issuance Faces Legal Hurdle Amid Parliamentary Standoff
15/11/2024
Emmanuel Bruce
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Nigeria to Raise $2.2 Billion in Bonds to Fund 2025 Budget
15/11/2024
Vincent Nwanma
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Afreximbank Raises $530 Million with Debut Samurai Bonds
15/11/2024
Dulue Mbachu
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IMF Approves $32 Million in Funding for Burkina Faso Amid Economic Challenges
14/11/2024
Zombre Oumar
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Nigeria Surpasses 1.8 Million bpd Oil Output, Exceeding OPEC Quota
14/11/2024
Vincent Nwanma
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Angola’s $1.3 Billion Credit Boost for Essential Goods Spurs Call for Agro-Industrial Investments
14/11/2024
Agostinho Gayeta
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Senegal to Renegotiate 27 Mining Contracts Amid Investor Concerns
14/11/2024
Kingsley Kobo
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Zambia Hikes Policy Rate to 14% as Inflation Remains High
13/11/2024
Kennedy Mupeseni
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Tanzania Eyes $9 Billion in Private Investment for Mega Projects Through PPPs
12/11/2024
Acutel
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Dangote Refinery, Nigerian Petrol Marketers, Strike Accord on Distribution
12/11/2024
Vincent Nwanma
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Burkina Faso Foils November Coup Attempt, Seizes $10 Million Cash
11/11/2024
Zombre Oumar
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Nigeria’s New Army Chief Faces Rising Threat from Emerging Terror Group
11/11/2024
Vincent Nwanma
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Mali Detains Executives from Australia’s Resolute Mining Amid Rising Tensions with Western Miners
11/11/2024
Dulue Mbachu
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Dubai’s DIFC Completes $700 Million Sukuk Repayment on Schedule
11/11/2024
George Charles Darley-Doran
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Kenya’s Forex Reserves Surge to Record $9.32 Billion Following IMF Boost
11/11/2024
Patrick Alushula
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Gabon Issues Oil Permits to Boost Declining Production
11/11/2024
Kingsley Kobo
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Delay Hampers Ghana’s Largest Gold Mine Joint Venture Between Gold Fields and AngloGold Ashanti
08/11/2024
Joshua Worlasi Amlanu
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Nigeria Orders Urgent Overhaul of Power Sector to Halt Grid Collapses
08/11/2024
Vincent Nwanma
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Protests Escalate in Mozambique as Opposition Challenges Election Results
08/11/2024
Dulue Mbachu
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Safaricom Boosts Ethiopia Investment by Ksh7 Billion to Offset Currency Losses
08/11/2024
Herald Aloo
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ARISE IIP and Afreximbank Lead $5 Billion Push for Africa’s Cotton Industry Revival
07/11/2024
Vincent Nwanma
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Angola to Grant Nine New Oil Concessions in Push to Boost Production
07/11/2024
Dulue Mbachu
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Senegal and Turkey Set Ambitious $1 Billion Trade Goal in Landmark Deal
07/11/2024
Kingsley Kobo
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Nigeria’s Chief of Army Staff Passes Away, Opening a Sensitive Transition in Military Leadership
06/11/2024
Dulue Mbachu
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Ghana’s Half-Year Petroleum Revenue Surges to Record High
06/11/2024
Emmanuel Bruce
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Senegal to Renegotiate Canceled $750M Deal with Saudi Power Giant
06/11/2024
Kingsley Kobo
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Nigeria Launches High-Yield Savings Bonds Amid Inflation and Rising Interest Rates
06/11/2024
Vincent Nwanma
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Trump’s Return Puts Africa’s Interests on the Line
06/11/2024
Dulue Mbachu
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Historic U.S. Election Kicks Off With Stakes for Global Policy and African Relations
05/11/2024
Dulue Mbachu
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MTN Nigeria Launches New Commercial Paper Notes to Raise $30 Million
05/11/2024
Vincent Nwanma
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Ghana’s Cocoa Farmers Demand Subsidised Agrochemical Supplies
05/11/2024
Emmanuel Bruce
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Cameroon Customs Intercepts Large Ammunition Shipment Bound for Capital
04/11/2024
Amindeh Blaise Atabong
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J.P. Morgan Invests $300M in Senegal's Oil-Driven Economic Transformation
04/11/2024
Vincent Nwanma
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Angola's Mid-Year Financial Report Reveals Surplus Amid Inflation Surge and Declining Oil Production
04/11/2024
Agostinho Gayeta
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Ethiopia’s Central Bank Launches Interbank Money Market to Boost Financial Stability
04/11/2024
Michael Masrie
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Nigeria Launches Nine-Month Dollar Disclosure Scheme to Boost Economy
01/11/2024
Vincent Nwanma
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Asante Gold Unveils $525 Million Financing to Boost Production at Ghana Mines
01/11/2024
Joshua Worlasi Amlanu
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Senegal Poised for 9.3% Growth in 2025 Amid Economic Resilience and Oil Boost
01/11/2024
Kingsley Kobo
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Vaalco Invests $200 Million to Revitalise Gabon’s Oil Sector
01/11/2024
Kingsley Kobo
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Nigeria’s Fuel War Looms: Dangote Urges NNPC, Marketers to Halt Imports
31/10/2024
Vincent Nwanma
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Janngo Capital’s Venture Fund Surpasses Target with $78 Million Raised to Support Women-Led Businesses in Africa
31/10/2024
Dulue Mbachu
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Orange and Mastercard Partner to Boost Digital Payments Across Africa
31/10/2024
Amindeh Blaise Atabong
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South Africa Faces Exodus of Major Companies Amid Business Challenges
30/10/2024
Derick Mazarura
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South Africa’s Government of National Unity Sets Economic Revival Goals in Medium-Term Budget
30/10/2024
Thuso Khumalo
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Nigerian Fintech Moniepoint Raises $110 Million, Nears Unicorn Status
30/10/2024
Dulue Mbachu
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Kenya Faces Potential Power Rationing Amid Rising Demand and Limited Supply
29/10/2024
Herald Aloo
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Angola Pledges Reforms After FATF Places Nation on Gray List
29/10/2024
Agostinho Gayeta
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Africa Finance Corporation Partners with Saudi Exim Bank to Boost Trade and Investment in Africa
29/10/2024
Dulue Mbachu
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Nigeria’s Forex Reserves Rise by $3 Billion Amid Policy Shift and Increased Inflows
29/10/2024
Vincent Nwanma
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IFC and CBN Sign Agreement to Boost Local Currency Financing for Nigerian Businesses
28/10/2024
Vincent Nwanma
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Kenya’s HF Group Seeks KSh6 Billion Through Rights Issue to Boost Capital
28/10/2024
Herald Aloo
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Starlink Reverses Price Hikes in Nigeria Amid Regulatory Pushback
28/10/2024
Dulue Mbachu
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Angola’s Q3 Crude Exports Rise, China Remains Key Market
28/10/2024
Agostinho Gayeta
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Cameroon Projects Annual Inflation to Drop Below 4%
28/10/2024
Kingsley Kobo
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Zambia Eyes Additional IMF Funding to Tackle Climate Resilience
26/10/2024
Kennedy Mupeseni
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Atlantic Lithium Secures $6.7M for Ghana’s First Lithium Mine
25/10/2024
Joshua Worlasi Amlanu
Read More »
Ghana Halts Power Sector Restructuring Amid Strong Opposition
25/10/2024
Joshua Worlasi Amlanu
Read More »
Mozambique’s Ruling Frelimo Party Declared Election Winner Amid Protests
24/10/2024
Dulue Mbachu
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Cameroon Aims to Broaden Tax Base, Sets 2025 Budget Priorities
24/10/2024
Amindeh Blaise Atabong
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African Eurobond Selloff Extends for Third Day Amid Rising US Treasury Yields
24/10/2024
Vincent Nwanma
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Saudi Arabia’s FDI Inflows Surge in 2023, But 2024 Targets Face Challenges
23/10/2024
George Charles Darley-Doran
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Nairobi's Suburb Housing Prices Defy Economic Challenges
23/10/2024
Herald Aloo
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Endeavour Mining Launches Production at Côte d'Ivoire’s Lafigué Mine
23/10/2024
Kingsley Kobo
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President Tinubu Scraps Two Ministries, Sacks Five Ministers in Major Cabinet Reshuffle
23/10/2024
Vincent Nwanma
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UAE Showcases Food Manufacturing Achievements at SIAL Paris 2024
22/10/2024
George Charles Darley-Doran
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Zambia's Private Sector Alarmed by IMF’s GDP Downgrade to 1.2% for 2024
22/10/2024
Kennedy Mupeseni
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Unease Grows in Nigeria Over Army Chief Lagbaja’s Absence
22/10/2024
Dulue Mbachu
Read More »
Seplat Energy Gains by Daily Limit as Nigeria Approves ExxonMobil Asset Divestment
22/10/2024
Vincent Nwanma
Read More »
Nigeria Seeks Investor Interest in Assets Ahead of Potential Bond Issuance
21/10/2024
Vincent Nwanma
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South Africa Eyes Nuclear Power Amid Ongoing Energy Security Challenges
21/10/2024
Derick Mazarura
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Okomu Oil Palm Plc Sees 68% Profit Drop After Militant Attacks on Facilities
18/10/2024
Dulue Mbachu
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Gachagua Impeached, Kindiki Takes Over as Deputy President-Elect
18/10/2024
Herald Aloo
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Kenya to Begin Deregistering Firms Hiding Beneficial Owners
18/10/2024
Patrick Alushula
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Gasoline Shipments to Nigeria Plunge Amid Local Refining Surge
18/10/2024
Dulue Mbachu
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Middle Eastern Sustainability Bond Issuance Reaches $16.7 Billion in First Nine Months of 2024
18/10/2024
George Charles Darley-Doran
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Ethiopia’s National Bank Introduces Changes to Foreign Exchange Policy
17/10/2024
Michael Masrie
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Oman’s Trade Surplus Reaches RO 4.3 Billion by July 2024, Boosted by Hydrocarbon Exports
17/10/2024
George Charles Darley-Doran
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Dynacor to Invest in Artisanal Gold Mining in Senegal
17/10/2024
Kingsley Kobo
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Angola's Public Debt Sustainable, Says President Lourenço, But Analysts Raise Concerns
17/10/2024
Agostinho Gayeta
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Crude Oil Production Soars 83.6% in Côte d'Ivoire Amid Major Oil Discovery
17/10/2024
Kingsley Kobo
Read More »
IMF Raises Concerns Over Kenya’s $1.5 Billion Loan from UAE
17/10/2024
Herald Aloo
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Angola Announces New Foreign Currency Debt Issuance
16/10/2024
Agostinho Gayeta
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Burkina Faso Adjusts 2024 Budget Amid Revenue Shortfalls and Spending Cuts
16/10/2024
Zombre Oumar
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Kenya Plans New Switch Bonds and Debt Buybacks to Ease Budget Pressure
16/10/2024
Herald Aloo
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Cameroon Faces Uncertainty as President Biya’s Whereabouts Remain Unknown
16/10/2024
Amindeh Blaise Atabong
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Angola’s Debt to China Declines as Trade Relations Strengthen
16/10/2024
Agostinho Gayeta
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Ghana’s Cocoa Sector Suffers as Smuggling Hits 120,000 Metric Tons
15/10/2024
Joshua Worlasi Amlanu
Read More »
Adani Group Seeks Tariff Hike After Securing $736 Million Deal with KETRACO
15/10/2024
Herald Aloo
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Nigeria’s Inflation Surges to 32.7% in September on Rising Fuel Costs
15/10/2024
Dulue Mbachu
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Saudi Arabia’s PIF Allocates $19.4 Billion to Green Projects Amid Sustainability Push
15/10/2024
George Charles Darley-Doran
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Nigerian Telecoms Protest Starlink Price Hike Amid Market Tensions
15/10/2024
Dulue Mbachu
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Nigeria Faces Risk of Disorder as Economic Crisis Deepens, Civic Groups Warn
14/10/2024
Dulue Mbachu
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Ghana Resumes Eurobond Debt Servicing After Restructuring, Disburses $520 Million
14/10/2024
Joshua Worlasi Amlanu
Read More »
Nigeria Aims for 40,000 bpd Crude Oil Production Boost with New FPSO
14/10/2024
Vincent Nwanma
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Burkina Faso’s Bond Issue Falls Short Amid Security Concerns and Investor Reluctance
14/10/2024
Zombre Oumar
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Gabon’s Oil Production Drops 11 Percent in Second Quarter
14/10/2024
Kingsley Kobo
Read More »
Nigeria Opens Direct Petrol Purchases from Dangote Refinery
11/10/2024
Vincent Nwanma
Read More »
Oman’s Revenues Rise as Oil Income Boosts Fiscal Performance
11/10/2024
George Charles Darley-Doran
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Ghana's Pensioner Eurobond Holders Call for Exemption from Debt Restructuring
11/10/2024
Emmanuel Bruce
Read More »
Global Rail 2024 Concludes with Ten Strategic Agreements to Boost UAE Rail Network
11/10/2024
George Charles Darley-Doran
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Angola’s Central Bank Injects $170 Million into Market to Stabilise Currency
11/10/2024
Agostinho Gayeta
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Kenya Seeks Early Access to Final IMF Loan Tranche
11/10/2024
Herald Aloo
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Sharjah’s $750 Million Sukuk Draws Strong Investor Demand
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