Kenya recorded a significant drop in the number of mergers and acquisitions (M&A) deals in 2024, but the total value of those deals went up sharply, showing a shift in …
Banking, Finance & Investment
- Eastern AfricaEconomyFinance & ServicesINVESTMENTKenyaTrade and CommerceWestern Africa
- AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesGhanaGOVERNMENTNewsPoliciesWestern Africa
Ghana’s Parliament Approves $2.8 Billion Debt Restructuring Deal
Ghana’s Parliament has approved a $2.8 billion debt restructuring agreement with 25 bilateral creditor nations, a major milestone in the country’s efforts to navigate its deepest economic crisis in decades …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesGOVERNMENTMarketsNewsPoliticsSouth Africa
South African Rand Flat After Political Fallout Over Deputy Minister’s Firing
The South African rand showed little movement in early trade on Friday, stabilising after sharp declines on Thursday, as political tensions between President Cyril Ramaphosa and the Democratic Alliance (DA)—his …
- Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTMarketsNigeria
Stanbic IBTC Lists 2.94 Billion New Shares on NGX After Oversubscribed Rights Issue
Stanbic IBTC Holdings Plc has successfully listed 2,944,772,083 additional ordinary shares of 50 Kobo each on the Nigerian Exchange Limited (NGX), following the conclusion of its recently completed rights issue. …
- AfricaDevelopmentEconomyFinance & ServicesInfrastructureINVESTMENTNigeria
Nigeria, Egypt, Morocco Top Africa’s $95bn Remittance Inflow in 2024
Nigeria, Egypt, and Morocco were the top three African countries that received the highest remittances from their diaspora communities in 2024, according to the newly published State of Africa’s Infrastructure …
- Banking, Finance & InvestmentBusinessDevelopmentEducationNigeria
FirstBank’s Training School Wins Global Award
FirstAcademy, the corporate training arm of FirstBank of Nigeria Limited, has received the Gold Award for Best Corporate University in Social and Climate Change at the 2025 edition of the …
- BusinessEconomyEnergyGOVERNMENTINVESTMENTOil & Gas
NOG Energy Week 2025 to Host Top African Oil and Gas Leaders in Abuja
Some of the biggest names in Africa’s oil and gas industry are preparing to attend the 24th edition of NOG Energy Week, which will take place from June 29 to …
- AfricaBanking, Finance & InvestmentDevelopmentEconomyFinance & ServicesPoliciesTrade and Commerce
Afreximbank flags fresh threats to Africa’s growth
The Senior Executive Vice President of the African Export-Import Bank (Afreximbank), Denys Denya, has warned that new threats are emerging against Africa’s development and economic independence, similar to the resistance …
- AgricultureBusinessDevelopmentInfrastructureINVESTMENTPoliciesWestern Africa
NSIA Launches $50bn Pan-African Investment Platform to Drive Infrastructure, Agriculture, and Climate Projects by 2030
The Nigerian Sovereign Investment Authority (NSIA) has introduced a new continental investment platform with a target of raising $50 billion in blended finance to support infrastructure, agriculture, and climate-resilient initiatives …
- EconomyFinance & ServicesINVESTMENTMarketsMobile Telecommunications Network (MTN)NewsNigeriaTelecommunications
Investors Smile as MTN Nigeria’s Share Price Jumps, Adding N3 Trillion in Market Value
Investors in MTN Nigeria Communications Plc have recorded massive profits after the company’s share price rose sharply on the Nigerian Exchange (NGX), pushing its market value up by about N3 …