JOHANNESBURG, Aug 24 – MTN Group reported a sharp increase in adjusted earnings for the first half of 2026, supported by stronger …
Emmanuel Ebube
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DAKAR, Aug 23 – Ethiopia has moved closer to resolving its sovereign default after its official creditors approved a preliminary agreement between …
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Aug 22 – The City of Johannesburg has fully settled an overdue R5.25 billion ($328 million) debt owed to state-owned power utility …
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LAGOS, Aug 22 – Tanzania has commissioned the 2,115-megawatt Julius Nyerere Hydropower Project, more than doubling the country’s electricity generation capacity and …
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RABAT, Aug 21 – Morocco’s OCP Group has resumed phosphate fertilizer shipments to the United States with a 54,000-ton cargo of Triple …
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ACCRA, Aug 21 – Brazilian state-owned energy giant Petrobras has submitted an expression of interest for four offshore exploration blocks in Ghana’s …
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NAIROBI, Aug 21 – Dangote Group has offered East African countries a combined 30% equity stake in a proposed oil refinery in …
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LUSAKA, Aug 21 – Citi has upgraded Zambia’s international bonds to overweight from marketweight and expects to participate in the country’s seven-year …
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Banking & Finance
Ethiopia Central Bank Allocates $500 Million in Forex Auction at 160.21 Birr per Dollar
LAGOS, Aug 20 – Ethiopia’s central bank has allocated $500 million through a special foreign exchange auction after commercial banks submitted bids …
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CAIRO, Aug 20 – Egypt’s central bank kept its benchmark interest rates unchanged for a fourth consecutive meeting, opting to maintain a …