Ecobank Nigeria has proven its financial strength and improved liquidity position by repaying 50% of its $300 million Eurobond nearly seven months ahead of the scheduled maturity in February 2026. …
Economy
- Banking, Finance & InvestmentBusinessBusiness InsightsEconomy
- Eastern AfricaEconomyEnergyInfrastructureINVESTMENTOil & Gas
Uganda Targets 2026 for First Oil Exports as EACOP Nears Final Stretch
Uganda’s long-awaited journey to become a crude oil exporter is now on a fast track, as the East African Crude Oil Pipeline (EACOP) enters its final year of construction. The …
Morocco is preparing to boost its wheat imports and storage reserves in the coming months as global prices for grains, especially soft wheat, continue to decline. This move is aimed …
- DevelopmentEconomyEnergyFinance & ServicesInternational Relations
China, Egypt Deepen BRICS Ties with New Trade and Financial Agreements
As China and Egypt, now fellow BRICS members, prepare to celebrate 70 years of diplomatic relations in 2026, both countries are strengthening their economic and political cooperation through major agreements …
- AFRICA NEWSBanking, Finance & InvestmentEconomyGhana
Standard Chartered Ghana Declares GH¢227.94m Dividend Amid Focus on Long-Term Growth
Standard Chartered Bank Ghana PLC has declared a total dividend payout of GH¢227.94 million to its shareholders, following the release of its financial report for the year ended December 31, …
- AgricultureDevelopmentEconomyGOVERNMENTInfrastructureINVESTMENT
MiDA Partners IFC to Attract Big Investment into Ghana’s Agric Sector
The Millennium Development Authority (MiDA) is working closely with the International Finance Corporation (IFC) to attract massive investment into Ghana’s agricultural sector. This collaboration is expected to boost agribusiness development …
- Banking, Finance & InvestmentDevelopmentEconomyGOVERNMENTInfrastructure
Libya’s Central Bank Urges Banks to Support Revival of Abandoned Housing Projects
The Central Bank of Libya (CBL) has made a strong appeal to the country’s banks and financial institutions to take the lead in reviving long-abandoned housing projects and supporting urban …
- BusinessEconomyGOVERNMENTManufacturingTrade and Commerce
South Africa Risks $2.3bn Loss as US Tariffs Threaten Key Exports
South Africa is staring at a potential economic setback as new United States tariffs could see exports to the US fall by as much as $2.3 billion annually. This is …
- BusinessEconomyGlobal NewsGOVERNMENTLabourZIMBABWE
Zimbabwe Diamond Firm Sacks 400 Workers as Global Gem Prices Crash
Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest diamond mining firm, has announced it is laying off 400 workers due to a global slump in the market for natural diamonds. …
- AgricultureDevelopmentEconomyTechnologyTelecommunications
Airtel Money, TCDC Partner to Boost Digital Financial Access for Farmers in Tanzania
Airtel Money Tanzania has announced a new partnership with the Tanzania Cooperative Development Commission (TCDC) aimed at expanding access to digital financial services for thousands of farmers across the country. …