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Dangote Group and MRS Oil & Gas signed a fuel supply deal with Cameroon state refiner Sonara, extending Nigerian refinery exports across Central African markets.

Stanbic Bank Botswana opened a P1.37 billion IPO selling 319.4 million existing shares at P4.30 to lift public ownership to 20 percent, with trading expected 7 December.

Widening French-German bond spreads signal concern over France’s deficit and political paralysis, with implications for the euro and African markets.

European shares rallied while several African markets declined as regional factors drove divergence.

Ecobank Group's memorandum with China's CIPS aims to strengthen renminbi payment connectivity between China and Africa, though operational rollout details remain undisclosed.

More stocks fell than rose across 17 African exchanges on Thursday, with Uganda leading index gains and Ghana the weakest, while attention shifted to Enoch Godongwana medium-term budget on 21 October and a possible R70 billion revenue windfall.

A report by British International Investment and Swedfund estimates a $209 billion financing gap facing Black-owned and Black-led businesses across five sub-Saharan African markets, with Nigeria alone accounting for $131 billion of the shortfall.