Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
The Democratic Republic of Congo (DRC) is set to host its largest-ever private energy investment in the east after U.S.-based Symbion Power LLC pledged $700 million for a 140-megawatt (MW) …
The management of Lagos Airport Hotel in Ikeja, Lagos, has kicked off a major redevelopment of the historic facility with the official reopening of its newly renovated Harold Block. The …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that 220 oil blocks across Nigeria are not abandoned but are waiting for new concessionaires to take over through proper licensing …
The Nigerian Communications Commission (NCC) has announced a new set of governance rules for telecom operators across the country, as the sector battles a sharp drop in foreign direct investment …
Cameroon’s domestic public debt has now reached CFA3,814.4 billion, excluding arrears and floating debt, according to a new report released by the Autonomous Sinking Fund (CAA). This figure, which equals …
The Zambian government has officially extended the International Monetary Fund (IMF) Extended Credit Facility (ECF) programme by one more year. This move is part of ongoing efforts to strengthen the …
A Nigerian businessman based in Canada, Mr Oluwafemi Ayeyemi, has appealed to the Federal Government to urgently address the twin problems of poor infrastructure and insecurity across the country. He …
Shoprite Holdings, Africa’s largest supermarket chain, is gradually winding down operations in more African countries as it shifts attention back to its core market in South Africa. According to analysts …
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has called on Engineering, Procurement, and Construction (EPC) companies that exited Nigeria in recent years to return, as the country pushes for …
The Executive Secretary of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has urged members of the All Farmers Association of Nigeria (AFAN) and other potential investors to take …
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