KAMPALA, Oct 13 – Uganda’s foreign exchange reserves increased 56% year-on-year to $6.7 billion in the 12 months to June, strengthening the …
Emmanuel Ebube
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LAGOS, Oct 12 – Nigeria’s Securities and Exchange Commission has approved a two-week extension of Dangote Petroleum Refinery and Petrochemicals’ initial public …
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LAGOS, Oct 12 – Dangote Petroleum Refinery is planning to extend its initial public offering by 10 days to allow investors from …
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Development Finance
US DFC Plans Equity Investments in Africa as Critical Minerals Gain Strategic Importance
KINSHASA, Oct 12 – The US International Development Finance Corporation (DFC) plans to expand its direct equity investments in Africa, including in …
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CAIRO, Oct 12 – S&P Global Ratings has affirmed Egypt’s long- and short-term sovereign credit ratings at B/B in both foreign and …
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LAGOS, Oct 10 – Fitch Ratings has revised Nigeria’s sovereign credit outlook to Positive from Stable, while affirming its long-term issuer default …
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ADDIS ABABA, Oct 10 – Ethiopia has launched the National Precious Metals Refinery at Bole Lemi Special Economic Zone, establishing new domestic …
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LUSAKA, Oct 9 – The International Monetary Fund (IMF) has reached a staff-level agreement with Zambia on a proposed $1.5 billion Extended …
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CAIRO, Oct 9 – Fitch Ratings has affirmed Egypt’s long-term credit rating at ‘B’ with a Stable Outlook, projecting continued economic growth, …
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HARARE, Oct 9 – Zimbabwe has reaffirmed its plan to prohibit exports of lithium concentrate from January 2027, rejecting calls to delay …