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Category: Markets
Nigeria’s Inflation Eases for First Time in 20 Months, Offers Relief to Government
15/08/2024
Dulue Mbachu
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Cameroon’s State Oil Firm Denies Allegations of Undervalued Crude Sales
15/08/2024
Amindeh Blaise Atabong
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Nigerian Banks Accelerate Capital-Raising
15/08/2024
Vincent Nwanma
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BEAC Currency Rules Stall Central Africa’s Energy Projects
15/08/2024
Dulue Mbachu
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Namibia's Central Bank Lowers Interest Rate As Inflation Slows
14/08/2024
Will McBain
Read More »
Cameroon Secures $148 Million Investment for Steel and Metallurgy Cluster in Douala
14/08/2024
Amindeh Blaise Atabong
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Ghana Ramps Up Treasury Bill Auctions to Meet Upcoming Bond Payment
14/08/2024
Emmanuel Bruce
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Bank of Zambia Holds Interest Rate at 13.5%, Defends Foreign Currency Penalty Amid Inflation Concerns
14/08/2024
Kennedy Mupeseni
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Nigeria's Cocoa Output at Risk Due to Prolonged Dry Spell
13/08/2024
Dulue Mbachu
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Nigeria Opens Subscription for Savings Bonds with High Coupon Rates
13/08/2024
Vincent Nwanma
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Rising Cost of Funds Pressures Kenyan Banks’ Profit Margins
13/08/2024
Otiato Guguyu
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Cote D’Ivoire Accelerates Cocoa Processing Efforts to Boost Local Economy
12/08/2024
Kingsley Kobo
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Gabon to Launch Central Africa’s Largest Solar Energy Plant in October
12/08/2024
Kingsley Kobo
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Nigeria to Establish Digital-Free Zones to Attract Global Tech Companies
12/08/2024
Dulue Mbachu
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Tanzania Detains Opposition Leaders, Halts Youth Rally
12/08/2024
Will McBain
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Zambia Shuts Key Copperbelt Borders with DRC, Threatening Trade Relations
12/08/2024
Kennedy Mupeseni
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Cameroon’s Trade Minister Calls for Fairer Distribution of Cocoa Profits
12/08/2024
Amindeh Blaise Atabong
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Nigeria Approves New Tariff Regime for Mobile Operators as Currency Devaluation Hits Profits
09/08/2024
Dulue Mbachu
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FSD Africa Seeks Fund Manager to Launch $300 Million Debt Fund for Kenyan MSMEs
09/08/2024
Patrick Alushula
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Oando Shares Surge Following Strategic Acquisitions
09/08/2024
Vincent Nwanma
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Rift in ECOWAS Deepens Amid Geopolitical Power Struggles
09/08/2024
Dulue Mbachu
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Ghana Launches Gold Refinery to Maximise Economic Gains
08/08/2024
Joshua Worlasi Amlanu
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Meta May Leave Nigeria Over $220 Million Dispute
08/08/2024
Dulue Mbachu
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Central Bank of Kenya Makes Surprise Rate Cut After Four Years
06/08/2024
Herald Aloo
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Kenya Falls Short of Budget Cut Target
06/08/2024
Herald Aloo
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Global Selloff Raises Yields on African Eurobonds, Increasing Borrowing Costs
05/08/2024
Vincent Nwanma
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Central Bank of Nigeria Introduces Dutch Auction System to Stabilise Naira Amid Rising FX Demand
05/08/2024
Vincent Nwanma
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Protests in Nigeria Enter Fifth Day Amid Regional Differences and Rising Tensions
05/08/2024
Dulue Mbachu
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Second Day of Nigeria’s Anti-Hunger Protests Sees Reduced Tensions and Lower Turnout
02/08/2024
Vincent Nwanma
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Violent Protests Against Nigerian President Tinubu’s Economic Policies Enter Second Day
02/08/2024
Dulue Mbachu
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Zambia's Capital Market Shows Growing Resilience
02/08/2024
Kennedy Mupeseni
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Cameroon Successfully Issues $550 Million Bond to International Investors
01/08/2024
Amindeh Blaise Atabong
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Kenya's Court of Appeal Declares Finance Act 2023 Unconstitutional
01/08/2024
Patrick Alushula
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Nigerian Protests Over Cost-of-Living Crisis Shut Down Businesses and Schools
01/08/2024
Dulue Mbachu
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Nigeria Braces for 10-Day Anti-Hunger Protest Amid Economic Crisis
01/08/2024
Vincent Nwanma
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Cameroon Warns of Potential Spread of Devastating Banana Disease
31/07/2024
Amindeh Blaise Atabong
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Mozambique's New State Mining Company to Boost Graphite Production
31/07/2024
Dulue Mbachu
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Ghana Approves $980 Million Investment for New Sentuo Oil Refinery
31/07/2024
Emmanuel Bruce
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Nigerian Telecom Regulator Orders Reconnection of Barred Mobile Lines Amid Protests
31/07/2024
Vincent Nwanma
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Nigerian Cocoa Farmers Urge EU to Delay Deforestation Regulation
30/07/2024
Dulue Mbachu
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Ethiopia Devalues Currency as IMF Approves $3.4 Billion Credit Line
30/07/2024
Dulue Mbachu
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Ghana’s Gold Exports Surge, Boosting Economic Outlook
30/07/2024
Emmanuel Bruce
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Gabon’s Transitional Leader Urged to Run in 2025 Elections
30/07/2024
Amindeh Blaise Atabong
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Foreign Portfolio Investments in Nigerian Stock Market Surge by 218% in First Half of 2024
29/07/2024
Vincent Nwanma
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Moody's Downgrades Ratings of Three Major Kenyan Banks Amid Sovereign Stress
29/07/2024
Patrick Alushula
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World Bank to Disburse Over $2 Billion for Cameroon’s Vision 2035
29/07/2024
Amindeh Blaise Atabong
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Dangote’s Refinery Challenges Nigeria's Political and Business Elite
29/07/2024
Dulue Mbachu
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Nigeria Faces Protests Over Economic Hardships Aiming for Regime Change
26/07/2024
Dulue Mbachu
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Kenya Central Bank Reopens Infrastructure Bonds Seeking KES 50 Billion
26/07/2024
Patrick Alushula
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Nigeria to Issue $500 Million Diaspora Bond to Bolster Economy
26/07/2024
Vincent Nwanma
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Standard Chartered Kenya Sees Tenfold Surge in Sustainable Finance Revenue
26/07/2024
Acutel
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Nigerian Businesses Criticise Interest Rate Hikes Amid Economic Struggles
26/07/2024
Dulue Mbachu
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IMF Urges Kenya to Draft New Tax Strategy as Amnesty Ends
25/07/2024
Herald Aloo
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Kenyan Fund Managers Shift to High-Interest Bank Accounts
25/07/2024
Acutel
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Zambia Sets Ambitious Economic Goals for 2027
25/07/2024
Kennedy Mupeseni
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African Trade Blocs Reach Milestone for Unified Commerce Bloc
25/07/2024
Patrick Alushula
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Ghana Revises Economic Targets Following Debt Restructuring
24/07/2024
Emmanuel Bruce
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Vedanta Resources Regains Control of Konkola Copper Mines, Seeks Partners for Expansion
24/07/2024
Dulue Mbachu
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Nigerian Cocoa Farmers Warn Heavy Rainfall Threatens 30% Output Growth
24/07/2024
Vincent Nwanma
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Nigeria’s Central Bank Raises Benchmark Rate To 26.75%
23/07/2024
Dulue Mbachu
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Kenyan Shilling Continues to Slide
23/07/2024
Patrick Alushula
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Cameroon to Borrow $1 Billion for Development Projects and Debt Settlement
23/07/2024
Amindeh Blaise Atabong
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Kenya’s Austerity Measures Hit Development Plans Following Revenue Shortfall
23/07/2024
Herald Aloo
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Can Tinubu Tax His Way Through as Nigeria's Oil Output Struggles?
23/07/2024
Dulue Mbachu
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Ghana Confronts Economic Challenges and Policy Risks
22/07/2024
Emmanuel Bruce
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Nigeria Government and Labour Party Clash Over Planned Protest
22/07/2024
Vincent Nwanma
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Ghana Faces Unprecedented Crisis in Cocoa Industry
22/07/2024
Joshua Worlasi Amlanu
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Nigeria to Continue Fuel Imports Despite Dangote Refinery Launch
22/07/2024
Dulue Mbachu
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Ghana Unveils Green Bond Guidelines to Boost Sustainable Investment
20/07/2024
Joshua Worlasi Amlanu
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Kenya Freezes Public Sector Pay Increases Amid Fiscal Constraints
19/07/2024
Patrick Alushula
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Nigerian Government Announces New Minimum Wage of N70,000
19/07/2024
Vincent Nwanma
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Cameroonian Official Restricts Entry to Yaoundé Amid Political Tensions
19/07/2024
Amindeh Blaise Atabong
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Ghana's Repo Market Surges in H1 2024 Amid Investor Shift
19/07/2024
Joshua Worlasi Amlanu
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Ghana’s Fiscal Performance Improves in Second Quarter of 2024
19/07/2024
Emmanuel Bruce
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Nigeria Sets Ambitious Cocoa Production Target for 2025
18/07/2024
Vincent Nwanma
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Kenyan Markets Rebound After Anti-Government Protests
18/07/2024
Acutel
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Lobito Atlantic Railway Begins Operations with First Cargo Shipment
18/07/2024
Dulue Mbachu
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Fitch Predicts Recovery for Ghanaian Cedi in Second Half of 2024
18/07/2024
Emmanuel Bruce
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Foreign Investors Fuel Significant Growth on Ghana Stock Exchange in H1 2024
18/07/2024
Joshua Worlasi Amlanu
Read More »
Kenyan Lenders Face Downgrade Threat Amid Sovereign Debt Crisis
17/07/2024
Otiato Guguyu
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Cameroon’s Bipaga Plant Powers Keda Ceramics, Boosts Job Growth
17/07/2024
Amindeh Blaise Atabong
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Armed Conflicts in Cameroon Fueling Illicit Drug Trafficking and Abuse
17/07/2024
Amindeh Blaise Atabong
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Ghana Launches SME Growth Programme to Boost Business Ecosystem
17/07/2024
Emmanuel Bruce
Read More »
Botswana, Zimbabwe, and Mozambique Sign Rail Deal for Coal Exports
16/07/2024
Dulue Mbachu
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Nigeria’s Stake in Dangote Refinery Drops to 7.2%
16/07/2024
Dulue Mbachu
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Nigeria’s Inflation Rate Climbs to 34.19% in June
16/07/2024
Dulue Mbachu
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Montage Gold Secures 20-Year Permit for Major Ivorian Gold Project
16/07/2024
Kingsley Kobo
Read More »
Ghana Struggles to Curb Illegal Mining Impact on Cocoa Farms
15/07/2024
Emmanuel Bruce
Read More »
Nigeria’s Supreme Court Grants Financial Autonomy to Local Governments
15/07/2024
Vincent Nwanma
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Ghana Unveils Ambitious 10-Year Housing Plan to Address Shortage
15/07/2024
Joshua Worlasi Amlanu
Read More »
Kenya’s CPF Group Proposes Debt-to-Bond Conversion for Pension Arrears
12/07/2024
Herald Aloo
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Starlink Sees Stong Growth in Kenya Amid Demand for High-speed Internet
12/07/2024
Acutel
Read More »
Tanzania's Amsons Group Bids KES23.59 Billion for Bamburi Cement
12/07/2024
Patrick Alushula
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Nigeria Reaches Agreement with Producers for Market-Price Crude Supply to Local Refineries
12/07/2024
Vincent Nwanma
Read More »
Mauritania's Resource Wealth Holds Multi-Billion Dollar Potential, Says AfDB
11/07/2024
Dulue Mbachu
Read More »
African Exchanges Linkage Project Expands to Nine Markets in Phase Two of Integration
11/07/2024
Joshua Worlasi Amlanu
Read More »
Nigeria Risks $20 Billion in Cocoa Exports Due to Processing and Sustainability Issues
11/07/2024
Vincent Nwanma
Read More »
Kenya Mulls Taxing Popular Infrastructure Bonds
11/07/2024
Acutel
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Kenya's President Dismisses Entire Cabinet, Save for Two Key Positions
11/07/2024
Patrick Alushula
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Kenya’s Leading Companies Regain Dominance on NSE as Shilling Strengthens
10/07/2024
Herald Aloo
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Kenya Seeks Public Input on Major Overhaul of State-Owned Enterprises
10/07/2024
Acutel
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Cameroon's President Seeks Extension for National Assembly Mandate
10/07/2024
Amindeh Blaise Atabong
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VAALCO Energy to Invest $300 Million in Gabon by 2025
10/07/2024
Kingsley Kobo
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Marriott International Expands into Angola
10/07/2024
Dulue Mbachu
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South Africa Seeks to Revise Major Climate Deal
09/07/2024
Acutel
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Ghana's Cocoa Industry Faces Revenue Decline Amid Bean Shortage
09/07/2024
Senyo Hosi
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Moody's Downgrades Kenya’s Ratings Amid Fiscal Policy Shifts
09/07/2024
Patrick Alushula
Read More »
Zambia Optimistic as Vedanta Takes Over Konkola Copper Mine
09/07/2024
Kennedy Mupeseni
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Senegal Cancels $750M Contract with Saudi Firm
09/07/2024
Kingsley Kobo
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Nigerian Central Bank Signals Potential Slowdown in Rate Hikes
09/07/2024
Vincent Nwanma
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Kenya Freezes New Hiring Amid Economic Challenges
08/07/2024
Herald Aloo
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Kenya's Bond Market Rejects Government's Tap Sale Amid Rising Borrowing Appetite
08/07/2024
Herald Aloo
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Ghana Cocoa Board Faces Rollover of Forward Contracts
08/07/2024
Emmanuel Bruce
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ECOWAS Deliberates Future After Three Members Opt Out
08/07/2024
Dulue Mbachu
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Ghana's Finance Ministry Announces Creditors Approval of Eurobond Agreement
08/07/2024
Joshua Worlasi Amlanu
Read More »
Nigeria Selected as Headquarters for Africa Energy Bank
08/07/2024
Dulue Mbachu
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Kenyan Business Activity Declines Sharply in June Amid Protests
05/07/2024
Herald Aloo
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Ghana Secures $100 Million World Bank Funding to Revitalise Cocoa Farms
05/07/2024
Emmanuel Bruce
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NPP Announces Running Mate for 2024 General Elections
05/07/2024
Joshua Worlasi Amlanu
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Daraju Industries Launches Series 28 Commercial Paper Notes
05/07/2024
Vincent Nwanma
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Nigeria's Naira Nears Convergence Between Official and Parallel Market Rates
05/07/2024
Vincent Nwanma
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Nairobi Bourse Leads African Peers in H1 Returns, Faces Threat from Protests
04/07/2024
Patrick Alushula
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Kenya Halts Pay Rises for State Officials Amid Public Pressure
04/07/2024
Patrick Alushula
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IMF Projects Slight Rebound for Cameroon's Economy by Year-End
04/07/2024
Amindeh Blaise Atabong
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Ghana's H1 Reserves Soar Past IMF Targets
03/07/2024
Joshua Worlasi Amlanu
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Ghana to Launch Consent Solicitation for Eurobond Debt Restructuring
03/07/2024
Emmanuel Bruce
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Cameroon’s Petroleum Revenues Fall Short of Expectations
03/07/2024
Kingsley Kobo
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Kenya’s Forex Reserves Dip After Eurobond Settlement, Remain Adequate for Import Cover
02/07/2024
Herald Aloo
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Uganda Begins Direct Fuel Imports with Arrival of First Shipment in Kenya
02/07/2024
Dulue Mbachu
Read More »
IMF Projects Stronger Economic Growth for Ghana
02/07/2024
Emmanuel Bruce
Read More »
Central Bank of Nigeria Alters Foreign Currency Deposit Procedure to Boost Market Convergence
02/07/2024
Vincent Nwanma
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Kenya to Revise Borrowing to KES1 Trillion Amid Tax Protests, Says President Ruto
01/07/2024
Patrick Alushula
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Morocco Finalises Incentive Package to Attract Foreign Investments
01/07/2024
Elsayed solyman
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Nigerian Cocoa Farmers Revitalise Farms Amid Global Price Surge
01/07/2024
Dulue Mbachu
Read More »
Ghana's Finance Minister's Claims of Debt Restructuring Disputed by Independent Power Producers
01/07/2024
Emmanuel Bruce
Read More »
WTO and Afreximbank Join Forces to Boost Cotton Processing in West Africa
01/07/2024
Dulue Mbachu
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Cameroon Seeks $761 Million from International Capital Markets to Clear Debt
30/06/2024
Kingsley Kobo
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Cote D’Ivoire to Construct 150,000 Social Houses Through Private Investments
30/06/2024
Kingsley Kobo
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Higher Interest Rates Loom for Kenya's $385 Million Bond
28/06/2024
Otiato Guguyu
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Ghana Aims to Lead Sub-Saharan Africa in Salt Production, Diversify Economy
28/06/2024
Joshua Worlasi Amlanu
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Naira Faces Renewed Pressure Despite Increased Foreign Currency Inflows
28/06/2024
Vincent Nwanma
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Airtel Africa Buys Back Over 21 Million Shares Amid Currency Devaluation
28/06/2024
Dulue Mbachu
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Ghana's Financial Landscape Transforms with New OTC Market Launch
27/06/2024
Joshua Worlasi Amlanu
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Cameroon's $876 Million Supplementary Budget Faces Harsh Criticism
27/06/2024
Amindeh Blaise Atabong
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Killings, Arrests, and Abductions Mark Kenya's Protest as Finance Bill Passes
26/06/2024
Herald Aloo
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Ruto Suspends Controversial Finance Bill, Faces Budget Crisis
26/06/2024
Herald Aloo
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Orano Weighs Options After Niger Withdraws Uranium License
26/06/2024
Dulue Mbachu
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Senegal Projects $900 Million in Oil and Gas Revenues by 2027
26/06/2024
Kingsley Kobo
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Shoprite to Close Abuja Branch as Nigeria's Business Exodus Continues
26/06/2024
Vincent Nwanma
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Nigeria's $2.8 Billion Gas Pipeline Set for Completion in Early 2025
25/06/2024
Dulue Mbachu
Read More »
Ghana's COCOBOD Strives for Sustainable Cocoa Production Amid EU Regulations
25/06/2024
Joshua Worlasi Amlanu
Read More »
Dangote Refinery Accuses International Oil Companies of Sabotage
25/06/2024
Vincent Nwanma
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Zambia’s Finance Minister Proposes $1.6 Billion Supplementary Budget
25/06/2024
Kennedy Mupeseni
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Kenyan Lawmakers Unmoved by Anti-Tax Protests, Vow Continued Support for Finance Bill
24/06/2024
Herald Aloo
Read More »
Paris Summit Commits €1 Billion to Accelerate Africa's Vaccine Production
24/06/2024
Kingsley Kobo
Read More »
Ghana Secures Eurobond Restructuring Deal Worth $13 Billion
24/06/2024
Emmanuel Bruce
Read More »
Ecowas Resumes Talks on Single Currency Introduction
24/06/2024
Dulue Mbachu
Read More »
Rainfall Brings Relief to West African Cocoa Farmers After Record Heat
23/06/2024
Dulue Mbachu
Read More »
ENI to Sell 30% Stake in Ivorian Exploration Operations for €1 Billion
23/06/2024
Kingsley Kobo
Read More »
Rising Costs Diminish Ghana's Gold Industry Attractiveness to Investors
21/06/2024
Emmanuel Bruce
Read More »
Gulf Sovereign Wealth Funds Intensify Bids for Egypt Telecom's Stake in Vodafone Egypt
21/06/2024
Elsayed solyman
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Chevron Signs Deal to Explore for Oil in Angola’s Ultra-Deep Waters
21/06/2024
Dulue Mbachu
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Investor Demand Surges in Nigeria's Open Market Operations Auction
21/06/2024
Vincent Nwanma
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Oil-rich Gabon turning to Cameroon to raise $300 million
20/06/2024
Kingsley Kobo
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IFC Partners with Nigeria's Johnvents Industries to Boost Cocoa Processing Capacity
20/06/2024
Vincent Nwanma
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Ghana’s Economy Grows by 4.7% in Q1 2024, Boosted by Industrial Sector
20/06/2024
Emmanuel Bruce
Read More »
Safaricom Unveils Nine Startups for Revamped Spark Accelerator Program
19/06/2024
Acutel
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Nigeria’s Oil Production Declines to 1.25 Million Barrels Per Day
19/06/2024
Dulue Mbachu
Read More »
Ivory Coast Surpasses South Africa in Credit Rating Boost
18/06/2024
Acutel
Read More »
Ghana’s Fiscal Deficit Fears Lingers Amid Debt Relief Efforts
18/06/2024
Joshua Worlasi Amlanu
Read More »
Blackrock to Liquidate Frontier and Emerging Market Fund
17/06/2024
Dulue Mbachu
Read More »
Ghana's Cocoa Industry Prepares for Rebound After Record Low Production
17/06/2024
Joshua Worlasi Amlanu
Read More »
Nigeria’s Debt Trap Fears as Servicing Doubles
17/06/2024
Vincent Nwanma
Read More »
Nigeria’s Inflation Surges to 33.95% in May, Driven by Rising Food Costs
17/06/2024
Dulue Mbachu
Read More »
Ramaphosa Re-elected South African President After Striking Deal with Opposition
15/06/2024
Zamokuhle Ndawonde
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Kenya's Central Bank to Raise Core Capital Requirements for Commercial Banks
14/06/2024
Patrick Alushula
Read More »
CBK Surpasses Ksh60 Billion Bond Target Amid Investor Preference for Short-Term Instruments
14/06/2024
Herald Aloo
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NNPC Ends Suit Opposing Sale of ExxonMobil Assets to Seplat Petroleum
14/06/2024
Dulue Mbachu
Read More »
World Bank Approves $2.25 Billion Loan for Nigeria to Stabilise Forex Market and Fund Budget Deficit
14/06/2024
Vincent Nwanma
Read More »
Ethiopia Seeks Wheat Self Sufficiency With $94 Million AfDB Funding
14/06/2024
Dulue Mbachu
Read More »
Kenyan Shilling Strengthens to 20-Month High Against Dollar
13/06/2024
Herald Aloo
Read More »
Ghana's Economic Outlook: Modest Growth in 2024 with Stronger Rebound Expected
13/06/2024
Joshua Worlasi Amlanu
Read More »
Border Dispute Between Benin and Niger Halts Oil Exports to China
13/06/2024
Dulue Mbachu
Read More »
Multinationals Reassess Nigerian Market as Tolaram Buys Guinness Nigeria Stake
13/06/2024
Vincent Nwanma
Read More »
Nigeria’s GTBank Group to Raise $337.46m for Expansion
13/06/2024
Vincent Nwanma
Read More »
Ghana Secures Landmark Debt Agreement with Official Creditor Committee
12/06/2024
Joshua Worlasi Amlanu
Read More »
Ghana's Ruling Party Faces Election Blow Amid Power Crisis
12/06/2024
Emmanuel Bruce
Read More »
Woodside Energy Pumps Oil From Senegal’s First Offshore Field
12/06/2024
Dulue Mbachu
Read More »
NNPC and Golar LNG to Launch Floating LNG Plant in Niger Delta
12/06/2024
Dulue Mbachu
Read More »
China and Tunisia Seek One Billion-Dollar Currency Swap Deal
11/06/2024
Elsayed solyman
Read More »
Ghana's Cedi Gains as Central Bank Intervenes
11/06/2024
Joshua Worlasi Amlanu
Read More »
Afreximbank Lends $40 Million to Nigeria’s Fidelity Bank for UK Acquisition
11/06/2024
Dulue Mbachu
Read More »
Small-Scale Miners Propel Ghana’s Gold Production to 4.5 Million Ounces in 2024
10/06/2024
Emmanuel Bruce
Read More »
Trapped Miners in Nigeria Highlight Urgent Need for Mining Regulation
10/06/2024
Vincent Nwanma
Read More »
Egypt Attracts Carry Traders with High-Yield Bonds
10/06/2024
Elsayed solyman
Read More »
Egypt Eyes $2-3 Billion Eurobond to Bridge Fiscal Gap
10/06/2024
Elsayed solyman
Read More »
U.S. Begins Withdrawal from Niger Military Base as Russia Deepens Regional Ties
10/06/2024
Dulue Mbachu
Read More »
Egypt Prepares for Cabinet Reshuffle as Austerity Measures Loom
07/06/2024
Elsayed solyman
Read More »
Kenya Boosts Diaspora Remittances Forecast to 12% on Strong 2024 Start
07/06/2024
Patrick Alushula
Read More »
Kenya to Use World Bank Loan to Settle Eurobond, Stabilising Shilling
07/06/2024
Otiato Guguyu
Read More »
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