Parthian Partners Limited, a Nigerian Capital Market Conglomerate, has announced the issuance of its debut N10 billion 3-year Fixed Rate Senior Unsecured Short-term Bond. The issuance represents the first short-term …
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- AfricaAFRICA NEWSBusiness and EconomyGhanaNewsWestern Africa
Ghana’s inflation rises to 31.7% in July
Inflation in Ghana accelerated at a faster pace than expected in July as a slump in the value of the cedi raised the cost of imported goods like cooking oil …
- AfricaAFRICA NEWSBusinessEgyptFood ProductionNewsNorthern Africa
Egyptian food exports rise 2.4% in H1
Egyptian exports of food industries grew by around 2.4% year-on-year (YoY), or $51 million, during the first half of 2022, recording $2.169 billion. This was disclosed in a report by the Food …
The board of directors of Oriental Weavers Carpets (ORWE) has agreed to exit from its investments in China, according to a statement filed to the Egyptian Exchange (EGX) today. Accordingly, the company will accept the …
Egypt’s annual headline inflation recorded 14.6% in July 2022, compared to 6.1% in the same month of 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced in a press release …
AngloGold Ashanti Limited, a global gold mining company has reported a solid performance for the first-half of 2022, with production three per cent higher year-on-year, an increase in total cash …
- AfricaAFRICA NEWSAirtelBusinessNewsTechnologyTelecommunicationsWestern Africa
Airtel Africa secures $125 million credit facility from Citibank
Airtel Africa, Africa’s leading provider of telecommunications and mobile money services, today, has announced the signing of a $125 million revolving loan facility from Citibank to support operations in its subsidiaries. …
- AfricaHealthcareNewsNigeriaWestern Africa
Health Insurance is now mandatory for Nigerians with the new NHIA Act 2022
The Director General/Chief Executive Officer, Nigeria Health Insurance Authority(NHIA), Prof. Mohammed Sambo, has said the new NHIA Act 2022, now makes health insurance mandatory for all Nigerians. Speaking at its …
- AfricaAFRICA NEWSBusinessInformation TechnologyNewsNigeriaTechnologyWestern Africa
Nigeria’s Broadband penetration hits 44.5% in July
Nigeria’s broadband usage has continued on the rise, moving up from 40.9% in February 2022 to 44.5% in July 2022 .A figure considered hopeful for achieving the national broadband target …
BetKing, Africa’s leading sports and digital entertainment company, on Saturday announced its entry into Ghana with a stakeholder event. The event, which was held at MultiChoice Ghana Limited on Saturday, …