ACCRA, Jan 28 – Ghana’s central bank has cut its benchmark policy rate by 250 basis points to 15.5%, delivering a larger …
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JOHANNESURG, Jan 28 – Angola has disclosed that the extension of its debt facility with JPMorgan included a $200 million reduction in …
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NAIROBI, Jan 28 – Moody’s Ratings has upgraded Kenya’s sovereign credit rating, citing a reduced risk of near-term default and improving debt …
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JOHANNESBURG, Jan 28 – Africa’s first round of interest rate decisions for the year is set to begin, with only a handful …
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JOHANNESBURG, Jan 27 – Tanzania expects to sign an agreement before June for its long stalled $42 billion liquefied natural gas project, …
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JOHANNESBURG, Jan 27 – The World Economic Forum (WEF) says it will resume hosting its Africa summit in South Africa in April 2027 after …
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JOHANNESBURG, Jan 26 – South Africa’s rand strengthened past 16 per dollar for the first time since mid-2022, extending a rally driven …
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JOHANNESBURG, Jan 26 – Gold prices surged to a record high above $5,000 an ounce on Monday, extending a historic rally as …
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DAVOS, Switzerland Jan 23 – Egypt’s overall private investment grew by 73% last year, Finance Minister Ahmed Kouchouk said on Thursday, underscoring …
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Banking & Finance
South Africa’s Nedbank Plans $856 Million Acquisition of Majority Stake in Kenya’s NCBA Group
JOHANNESBURG, Jan 22 – South Africa’s Nedbank Group has offered to acquire a 66% stake in Kenya’s NCBA Group in a transaction …