Africa finance
African markets open cautiously as investors weigh global signals and local data
African equity markets opened the week on a mixed and generally cautious note on Monday, with early trade reflecting a...
Read moreDetailsSGTM debuts on Casablanca exchange after record-breaking IPO demand
SGTM has officially listed on the Casablanca Stock Exchange following one of the most oversubscribed initial public offerings in Moroccan...
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African markets end the week mixed as investors balance currencies, commodities and policy risk
African equity markets closed the week on a mixed note, with gains in selected commodity-linked and defensive stocks offset by...
Read moreDetailsAfrican markets set for cautious Tuesday open amid rates, currencies and commodities
African equity markets are expected to open Tuesday with a cautious and selective tone, as investors balance domestic monetary signals,...
Read moreDetailsAfrican markets open mixed as investors track currency pressures and commodity moves
Major African markets opened Thursday in a mixed pattern, with trading shaped by divergent currency trends, shifting commodity prices and...
Read moreDetailsAfrican markets open cautiously as investors weigh global and local signals
Major African stock markets opened Monday with a tone of caution, mirroring global hesitancy amid concerns over U.S. monetary policy,...
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US backs $10 billion Ethiopian airport in bid to deepen Horn of Africa ties
The United States has moved to strengthen its strategic and economic footprint in the Horn of Africa, with plans to...
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London Stock Exchange steps up bid to attract African listings
The London Stock Exchange (LSE) has launched a renewed campaign to draw African companies to list in the UK capital,...
Read moreDetailsKenya converts $3.5 billion in Chinese loans into yuan to ease debt burden
Kenya has moved to convert roughly $3.5 billion of its dollar-denominated loans from China into Chinese yuan, a shift aimed...
Read moreDetailsNigeria’s central bank raises rates to stabilise naira amid inflation surge
Nigeria’s central bank has announced an unexpected interest rate hike this morning, moving aggressively to contain inflationary pressures and stabilise...
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