Nigeria returns to Eurobond market with $2.3bn offer - Finance in Africa
Nigeria is preparing to return to the Eurobond market before the end of 2025, seeking to raise up to $2.3 billion as global funding conditions improve| Finance in Africa
Nigeria is preparing to return to the Eurobond market before the end of 2025, seeking to raise up to $2.3 billion as global funding conditions improve| Finance in Africa
Optasia, a global provider of AI-driven financial technology, has announced plans to list on the Prime Segment of the Johannesburg Stock Exchange (JSE) Main Board, amid capital raise moves.| Finance in Africa
Nigeria is set to receive a $500 million loan from the African Development Bank (AfDB) to support its ongoing economic reforms.| Finance in Africa
Kenya is set to launch a sovereign wealth fund and an infrastructure fund, as the government looks to finance key sectors through asset sales.| Finance in Africa
Malawi’s newly elected president, Peter Mutharika, has reappointed Joseph Mwanamvekha as finance minister, according to an official statement.| Finance in Africa
Muhammad Sanusi II, Emir of Kano and former central-bank governor, warns that Nigeria’s early monetary loosening risks reigniting inflation and undoing recent gains in economic stability.| Finance in Africa
Kenya’s central bank has lowered its benchmark lending rate for the eighth consecutive time, trimming it by 25 basis points to 9.25%.| Finance in Africa
Egypt’s annual inflation slowed for the fourth straight month in September, falling to 11.7% from 12% in August, according to CAPMAS .| Finance in Africa
The upturn comes after months of sluggish performance weighed down by political protests and higher costs earlier in the year.| Finance in Africa
Stanbic IBTC, Nigeria’s priciest banking stock, has named Chukwuma (Chuma) Nwokocha as Group Chief Executive after a year under interim leadership.| Finance in Africa
The Nairobi Securities Exchange (NSE) has unveiled a Banking Sector Index to give investors a sharper view of Kenya’s largest and most liquid sector, with a cumulative total asset of KSh 7.9trn ($60bn).| Finance in Africa
Family Bank Kenya is set to debut on the Nairobi Securities Exchange, breaking a long drought of new listings on the bourse, buoyed by its strong earnings performance.| Finance in Africa
Business activity in Nigeria slipped to a three-month low, despite easing inflation supported by relative exchange-rate stability and seasonal factors.| Finance in Africa
