CAIRO, June 10 – Egypt has signed agreements worth $420 million to support the investment and operation of the 580 megawatt Gabal …
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CAIRO, June 9 – Egypt expects its external financing requirements for the 2026/27 fiscal year to range between $8 billion and $9 …
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JOHANNESBERG, June 8 – Fitch Ratings has upgraded South Africa’s Long-Term Foreign and Local Currency Issuer Default Ratings to BB from BB-, …
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LAGOS, June 8 – The Nigerian stock market closed the first trading week of June in negative territory after a broad wave …
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CAPE TOWN, June 5 – Plans by U.S.-based data centre company Equinix to develop two large data centres in Cape Town are …
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NAIROBI, June 5 – Standard Chartered Bank’s growing use of artificial intelligence is reshaping how banking operations are managed, with its Kenyan …
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LAGOS, June 5 – Three internet service providers, Spectranet, Starlink and FibreOne, accounted for nearly 70% of Nigeria’s internet service provider market …
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ACCRA, June 4 – Ghana has set a target to regain an investment-grade credit rating within the next three years as the …
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Banking & Finance
Nigeria’s Central Bank Rolls Out New FX Manual to Streamline Foreign Exchange Transactions
LAGOS, June 3 – The Central Bank of Nigeria (CBN) has launched a revised Foreign Exchange Manual aimed at improving transparency, reducing …
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ADDIS-ABABA, June 3 – The International Monetary Fund (IMF) has advised governments to avoid large-scale subsidies, price controls and broad tax cuts …