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 …
Finance
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AfricaCentral AfricaEconomyFinanceINVESTMENTPublic Debt
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BusinessEconomyFinanceInternationalINVESTMENTMarkets
DeVere CEO Urges Investor Diversification Amid Uncertainty
In a strong warning to investors, the Chief Executive Officer of deVere Group, Mr Nigel Green, has advised global investors, especially those heavily invested in the United States, to urgently …
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EconomyFinanceGOVERNMENTInternational AffairsINVESTMENTMining
Zambia Extends IMF Loan to Lift Investor Confidence
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 …
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FinanceGovernanceInternational AffairsLawPoliticsSecurity
Libya Fights Money Laundering Ahead of FATF Review
The National Committee for Combating Money Laundering and Terrorism Financing in Libya has held a high-level meeting to discuss the country’s preparedness ahead of a crucial international review. The meeting, …
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AFRICA NEWSBankingBusinessEconomyFinanceMergers and Acquisitions
FDH Bank to Acquire Ecobank Mozambique in Expansion Drive
FDH Bank Plc has taken a bold step in its ambition to become a key player in Africa’s financial sector by announcing the acquisition of a controlling 98.87% stake in …