JOHANNESBURG, August 3 – South Africa’s manufacturing sector remained under pressure in July, with business sentiment deteriorating further as weak export demand …
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LAGOS, August 3 – The National Insurance Commission (NAICOM) has announced the successful completion of Nigeria’s insurance sector recapitalisation exercise, confirming that …
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HARARE, August 3 – Zimbabwe generated $782 million from lithium exports during the first six months of 2026, more than tripling the …
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LONDON, August 3 – The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has approved a 188,000 barrels-per-day (bpd) increase …
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CAIRO, August 3 – Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business through its wholly owned subsidiary, Emirates NBD …
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WINDHOEK, August, 2 – The Orange Basin, one of the world’s most promising offshore petroleum provinces, has become a key test of …
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NAIROBI, August 1 – Safaricom shareholders have approved 14 special resolutions at the company’s 2026 Annual General Meeting (AGM), formally aligning the …
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Credit Ratings
Why S&P Just Bought Nigeria’s Oldest Rating Agency Two Months Before Africa Launches Its Own
LAGOS, July 31 – S&P Global’s agreement to acquire a majority stake in Agusto & Co., one of Africa’s oldest domestic credit …
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HARARE, July 31 – The African Export-Import Bank (Afreximbank) has signed financing agreements worth $190 million with CBZ Bank Limited of Zimbabwe, …
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RABAT, July 31 – Morocco’s National Office of Electricity and Drinking Water (ONEE) has approved a 248 billion dirham ($27 billion) investment …