Markets

LONDON, June 1 – Global oil prices rose by more than 2% on Monday after renewed military exchanges between the United States …

ADDIS ABABA, May 26 – Ethiopia’s state-owned Ethio Telecom has officially begun trading on Ethiopia’s developing stock exchange, completing a landmark process that …

JOHANNESBERG, May 26 – The Johannesburg stock exchange (JSE) is moving to tighten rules around algorithmic and direct-market-access trading as Africa’s biggest …

LONDON, May 25 – Global oil prices dropped sharply on Monday, falling to their lowest levels in two weeks as optimism over …

LAGOS, May 21 – Nigerian billionaire Femi Otedola said he plans to invest $100 million in the upcoming initial public offering of …

LAGOS, May 21 – Aliko Dangote, Africa’s richest man said the planned initial public offering of Dangote Refinery is expected to launch …

JOHANNESBERG, May 20 – Dubai-based Averi Finance is in discussion with South African miner Mantengu Ltd. over a reverse merger that would …

JOHANNESBURG, May 20 – South Africa’s rand traded little changed against the dollar on Wednesday as investors awaited inflation data expected to …

PRETORIA, May 15 – Morgan Stanley said on Friday that South Africa’s longer-term reform trajectory remains intact despite mounting pressure from rising …

ABUJA, May 14 – Nigeria’s Securities and Exchange Commission is deploying a sweeping technology and data-driven reform agenda to reposition the country’s …