The Lagos Free Zone (LFZ) N25 billion series 2 bonds, which is Nigeria’s first 20-year corporate infrastructure bond, have been launched on the Nigerian Exchange Limited (NGX) market. LFZ is the infrastructure development …
Economy
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
- AgricultureEastern AfricaEconomy
President-Elect Ruto promises to announce a new Fertilizer Prices this week
President-Elect William Ruto says he will announce new fertilizer prices this week after he held consultations with various stakeholders. Speaking during a thanksgiving interdenominational service in Meru Sunday, the president-elect …
- AfricaAFRICA NEWSBusinessEconomyNewsSouth AfricaSouthern Africa
South African Rand firms as dollar weaken before US inflation data
The rand strengthened in early trade on Monday, as the dollar weakened ahead of key US inflation data this week that might give the Federal Reserve room to slow the …
- AfricaAFRICA NEWSBusinessCentral AfricaEconomyNewsNigeriaOil & GasWestern Africa
Angola overtakes Nigeria as Africa’s largest oil producer in August
Nigeria lost its crown as Africa’s largest crude producer as Angola surpassed the country for the first time in more than five years. Angola’s average daily output in August of …
- AfricaAFRICA NEWSEconomyGhanaNewsNigeriaOil & GasWestern Africa
Ghana ranks 2nd in PPP pipeline projects in West Africa
Ghana is ranked 2nd in Private Public Partnership pipeline projects in West Africa with a cumulative market size of $8.4 billion. According to Fitch Solutions. Nigeria leads the market with …
- EconomyKenya NewsTravel & Tourism
Kenya’s Tourism Arrivals Remain Below 2019 Levels as covid-19 effect continue to linger
Kenya’s international tourism arrivals from the beginning of the year to August remained way below 2019 levels as Covid-19 effects continue to linger, new data shows. According to the data …
Tanzania’s Energy and Water Utilities Regulatory Authority (Ewura) has cut fuel prices in response to a slowdown in global oil prices. In its newly published statement, Ewura says a liter …
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Nigeria exports goods worth N7.4tn in Q2, 2022
The latest report on foreign trade by the National Bureau of Statistics (NBS) shows that Nigeria recorded transactions worth N7.4trn to foreign countries in the second quarter of 2022. The …
- AfricaAFRICA NEWSEconomyGhanaNewsWestern Africa
6,856 companies, individuals owe ¢111.6m in corporate and income taxes in Ghana
The 2021 Auditor General’s Report has identified 6,856 companies, business entities and individuals owing an amount of ¢111.652 million in corporate and individual income taxes for 2019, 2020 and 2021 …
- AgricultureBusinessEconomyMoroccoUncategorized
Agriculture and Cereal Export Prices in Morocco Are Stabilizing says World Bank
While price inflation in Morocco continues to break records, a recent report from the World Bank argues that agricultural and Cereal export prices have started showing signs of stabilizing worldwide. …