IMF Sees Zambia Deal Soon; Africa Finance Options: New Economy
Zambia’s creditors are close to agreeing to a long-awaited debt restructuring deal that will allow the International Monetary
2023-06-14 00:25
Nigeria Lawmakers Elect Godswill Akpabio as Senate President
Nigerian lawmakers elected Godswill Akpabio as senate president after the inauguration of the new national assembly by President
2023-06-13 20:50
Kenya’s Once-Booming Stock Market Buckles Under Dollar Shortages
Kenya’s crippling dollar shortage is driving away investors, turning a once-booming stock market into the worst in the
2023-06-13 18:52
Solar Power Provider Seeks $100 Million for Nigeria Growth
WATT Renewable Corp. aims to raise as much as $100 million by the end of 2024 to expand
2023-06-13 17:21
Eskom Latest: Mozambique Supplies 100MW; Respite From Outages
Mozambique will supply electricity-starved South Africa with 100 megawatts of power immediately and an additional 600 megawatts in
2023-06-12 20:54
Egypt Says India Is Providing Credit Line in Boost to Economy
India is providing Egypt with a credit line of unspecified value, Egyptian Supply Minister Ali El-Mosilhy said, in
2023-06-12 19:47
Investors Eye Nigeria Devaluation as Central Bank Chief Ejected
Emerging-market investors are looking at a devaluation of Nigeria’s naira after the suspension of the country’s central bank
2023-06-12 19:23
VW, Glencore Back $1 Billion SPAC Mine Deal to Secure EV Metals
Russian metal industry veteran Artem Volynets’ blank check firm agreed to acquire two Brazilian mines for $1 billion
2023-06-12 15:21
Nigerian Ouster of Central Bank Governor Seen as Market Positive
Markets are likely to respond positively to the weekend ouster of Nigeria’s central bank governor, which will allow
2023-06-11 22:27
‘Decade of Emerging Markets’ May Be About to Regain Traction
Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved
2023-06-11 20:21
Fed Is Set to Pause and Assess the Effect of Rate Hikes
Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15
2023-06-11 04:26
Nigeria’s SEC Says Binance Operations in Country Are ‘Illegal’
Nigeria’s Securities and Exchange Commission declared the operations of digital-assets exchange Binance Holdings Ltd. illegal in the West
2023-06-10 17:53