Kenya
Kenya: Kenya Gets $415mn IMF Loan
Kenya has been granted access to raise a $145.4 million loan from the International Monetary Fund (IMF) after the executive board completed the ...
News
Nigeria: Naira Rebounds, External Reserves Slide to $34bn
The Nigerian naira (NGN) appreciated Monday against the dominant trading currency, the United States dollar (USD) to N795.28 at the investors’ and exporters’ ...
News
Nigeria: CBN Extends Maximum Tenure for Bank CEOs to 12 Years
The Central Bank of Nigeria (CBN) has announced an extension of the tenure for Managing Directors/Chief Executives (MD/CEOs) of banks to a maximum ...
News
Nigeria: CBN Recovers N471.82 Billion in Intervention Loan Repayments in Six Months
The Central Bank of Nigeria (CBN) has announced that it recovered a total of N471.82 billion in repayment from its intervention programs during ...
Nigeria
Nigeria: NAICOM and Industry Stakeholders to Assess Local Content in the Oil Sector
Regulatory agencies and stakeholders from the oil and gas industry and the insurance sector will come together to discuss the implementation of the ...
Africa
Africa’s Green Growth Market Valued at $2.97 Trillion, AfDB Reports
The African Development Bank (AfDB) has revealed that the size of Africa’s green growth market stands at $2.97 trillion. During a presentation at ...
Ghana
Ghana Extends Invitation to US Dollar Bondholders for Debt Exchange
Accra continues its efforts to alleviate debt pressures, the finance ministry of Ghana has invited eligible holders to participate in an exchange program, ...
News
Zambia’s Debt Restructuring to Result in $7.7 Billion Savings by 2026- IMF
The International Monetary Fund (IMF) announced on Friday (July 14, 2023) that Zambia’s long-awaited external debt restructuring will lead to savings of $7.65 ...
News
Nigeria: Central Bank of Nigeria Lowers Treasury Bills Rates to Boost Liquidity
The Central Bank of Nigeria (CBN) has reduced the rates on Treasury bills instruments as liquidity remains healthy within the financial system. Despite ...
Nigeria
Nigeria: Pharmarun Emerges as Winner of Pitch2Win 2023, Here’s What You Need to Know
Health-tech startup Pharmarun clinched victory at the third edition of Pitch2Win, a prestigious event connecting startups with investors. The startup secured $10,000 in ...