Markets

LAGOS, April 9 – Nigerian equities gained on renewed investor interest after FTSE Russell confirmed the country’s reclassification to Frontier Market status, …

JOHANNESBURG, April 8 – South Africa’s financial markets surged as investors returned to risk assets following a ceasefire in the Middle East …

LONDON, April 8 – Oil prices fell sharply below $100 a barrel after the United States and Iran agreed to a two-week …

LAGOS, Mar 31 – Nigeria’s Eurobonds extended their decline in March, with yields rising steadily and bond prices weakening across the curve …

LAGOS, Mar 30 – Foreign investors stepped up withdrawals from Nigeria’s equities market in February, with outflows rising to N72.32 billion ($52.07 …

DAKAR, Mar 30 – Senegal has raised 304 billion CFA francs, ($537 million dollars) from a public bond issue, surpassing its initial …

JOHANNESBURG, Mar 27 – Prosus is considering selling a roughly 10% stake in Delivery Hero SE to Hong Kong-based Aspex Management, in …

DAKAR, Mar 27 – Senegal’s government has defended its use of derivatives-linked financing, saying the strategy has helped lower borrowing costs at …

MOROGORO, Mar 26 – The Coca-Cola system is investing $1.94 million to restore the Ruvu Basin, Dar es Salaam’s main water source …

LAGOS, Mar 25 – Nigeria has significantly reduced the time required to approve applications for reviving idle oil wells, cutting the process …