Fitch Ratings has upgraded Egypt’s credit outlook to positive, reflecting growing confidence in the North African nation’s economic prospects following an international bailout of $57 billion....
In a recent report by the International Monetary Fund (IMF), Sub-Saharan Africa emerges as a pivotal player in the global market for critical minerals. The IMF...
Amidst the backdrop of mounting concerns over Africa’s ballooning external debt, Akinwumi Adesina, the President of the African Development Bank (AfDB), has emphatically called for greater...
Canal+, a subsidiary of Vivendi SE, has formally tabled a $2.9 billion all-cash offer for MultiChoice Group Ltd., a major South African broadcaster. This move comes...
The recent announcement of the United Arab Emirates’ (UAE) monumental investment in Egypt, touted as the largest in the nation’s history, has elicited mixed reactions among...
The landscape of sustainable investment in Africa is experiencing a significant upswing as the issuance of Environmental, Social, and Governance (ESG) bonds by African entities hit...
Akinwumi Adesina, the President of the African Development Bank (AfDB), has said Africa imports between 70-80% of its medicines. Adesina made this revelation while accepting the...
The bond market in Senegal witnessed a significant downturn as the government indefinitely postponed the much-anticipated presidential elections, triggering a wave of uncertainty and investor concern....
New funding pledges of nearly $900 million ahead of a Eurobond repayment deadline are failing to defend Kenya’s shilling from fresh lows, with analysts forecasting further...
Ethiopian Cargo and Logistics Services, the continent’s largest in its category, has commenced freighter services to Casablanca, Morocco, according to the company. The maiden venture into...