Markets

JOHANNESBURG, Feb 11 – South Africa’s rand strengthened in early Wednesday trading as the U.S. dollar retreated, with markets positioning ahead of …

ACCRA, Feb 9 – Ghana’s Securities and Exchange Commission has moved to restrict offshore investments by local fund managers, stepping up efforts …

PRETORIA, Feb 9 – South Africa said it would welcome access to new European Central Bank repo liquidity lines if they become …

NAIROBI, Feb 5 – The Organisation for Economic Co-operation and Development has said that African companies raised about $220 billion in equity …

CAIRO, Feb 3 – JPMorgan has upgraded African Export-Import Bank (Afreximbank) bonds to “overweight” from “underweight,” arguing that a sharp selloff following …

ACCRA, Jan 30 – Currencies across sub-Saharan Africa are expected to move in different directions next week, with Ghana’s cedi likely to …

Addis Ababa, Jan 30 – Ethiopia has halted implementation of its $1 billion Eurobond restructuring after its Official Creditor Committee determined that …

ABUJA, Jan 28 – NCR Nigeria Plc returned to profit in 2025 after a steep fall in administrative expenses, according to unaudited …

ADDIS ABABA, Jan 27 – The National Bank of Ethiopia (NBE) sold $500 million in a special foreign exchange auction on Monday, …

ABUJA, Jan 26 –  FCMB Asset Management Limited opened an offer of up to ₦20 billion ($14 million) for the second series …