Banking, finance and investment news across Africa: bank results, monetary policy, capital markets, fund flows and investment deals.
IFC, Authority partnership to birth Ethiopia’s secondary bond market Ethiopia’s bond market is at a turning point as authorities prepare to introduce a new secondary trading platform. This disruption comes …
World bank to lend Zambia $210 million as country targets to double CDF to K56m per year. The World bank under the Zambia Devolution Support Project will fund the Zambia …
From SMEs to corporates, Angola taps the power of women in business. In this edition of Business Angola, we look for the stories behind a statistic: a global study finds …
Beijing’s loans to Sudan at risk as Chinese lenders hit by series of defaults across continent The conflict in Sudan has dealt a fresh blow to China’s strategy of financial …
Morocco is set to invest €50 million to establish a plant to produce local car brands. The factory will be made with a 100% Moroccan investment, Morocco’s Minister of Trade …
The President, Major General Muhammadu Buhari (retd.), on Thursday, said his government had spent over $400m (N179bn), to liberate Ajaokuta Steel complex from the “legal traps” that have kept it …
Shoprite CEO Pieter Engelbrecht sold R20 million in the company’s shares in the week before Christmas. According to a statement released by the group on Wednesday, the sale is part …
Remittances from Morocco’s diaspora are set to reach MAD 105.8 billion ($10.1 billion) in the year 2022. New data from Morocco’s central bank, Bank Al-Maghrib predict that Moroccan remittances will …
Zenith has reported gross profit of £36.7 million – a 5.8% increase in the last quarter – with profit growth across all divisions, a growing fleet size and increased rental …
The National Pension Commission (PenCom) says it has approved the acquisition of Access Pension Custodian Limited by First Pension Custodian Limited. FBN Holdings Plc, has through its subsidiary First Pension Custodian …
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