24 results for “africa”
The IMF's October Regional Economic Outlook upgraded Sub-Saharan Africa's 2026 growth forecast to 4.5% while warning that bilateral aid will fall another 12% after dropping about a quarter in 2025.
Gabon sold $580 million of eight-year Eurobonds on 14 October with a 9.375 per cent coupon, drawing close to $1 billion in orders and trimming its risk premium despite higher US rates.
Ethiopia has joined the Pan-African Payment and Settlement System to cut hard currency use for intra-African trade, with Addis Ababa set to host PAPSS COWRY 2026 in November.
DP World and TGI Group are joining forces to expand integrated logistics services in Nigeria, with TGI set to take an equity stake in DP World Logistics Limited to support trade growth across West Africa.
Dangote Petroleum Refinery is expanding its $1.6 billion IPO into Egypt through a planned depositary receipt programme, with the offer deadline extended to October 27, 2026, to accommodate wider African participation.
Asia's cocoa grindings jumped 29.2% in Q3 2026 and Europe's rose 3.2%, pushing prices higher as demand recovers, with implications for Nigeria and Cote d'Ivoire.
Moody's has revised sub-Saharan Africa's outlook to positive as reforms, commodity prices and better financing ease debt pressures, though interest burdens remain high for several countries including Kenya and Zambia.
Lagos State and the African Development Bank have launched a scheme to support 610 women-led businesses with training, mentoring and grants to improve access to finance.
A Kenyan court cleared an interim order after petitioners cited the wrong land parcel, while Botswana was picked to host the Southern African leg of Dangote's refinery IPO.
Cardoso succeeds Ireti Samuel-Ogbu at the helm of the Africa Finance Corporation, adding a continental infrastructure-finance role to his central bank duties.
Bisedge has secured a €10 million long-term investment loan from Finnfund to expand its electric materials-handling fleet in Nigeria and East Africa.
South Africa's Allan Gray is favouring Nigerian equities over South Korea's Kospi, arguing Nigeria's rally is broad-based while the Kospi is narrowly concentrated.
Female-founded startups receive less than 1% of African venture funding, research shows, even as Nigerian startups raised $254 million in the first half of 2026.
A study by BII and Swedfund found a $209 billion financing gap for Black-owned businesses across five African economies, with Nigeria accounting for $131 billion.
Nigerian startups attracted about $254 million in the first half of 2026, the first time funding has crossed the $250 million mark since 2022, as the country reclaimed its position as Africa's leading destination for startup equity.
Africa's largest economy posted a record quarterly trade surplus in the second quarter of 2026 as exports outpaced imports, with non-crude receipts now accounting for more than half of outbound trade.
Ethiopia has joined the list of investors in Dangote Petroleum Refinery's initial public offering, broadening the deal's pan-African appeal.
Dangote Petroleum Refinery has pushed the close of its $1.6 billion IPO to October 27, giving investors more time to subscribe to Africa's biggest listing.
Airtel Money has debuted on the London Stock Exchange in one of the largest African listings in years, with a planned secondary listing in Lagos.
Conditional trading began on 9 October, with full admission expected on 14 October as Airtel Africa retains its strategic holding.
Candidates must hold, or be on track to hold, a Bachelor's, Master's or PhD degree from a four-year U.S.-accredited university or meet...
Earlier in April, it approved another $266.7m plus CFA30bn for projects across Nigeria, Ghana, Senegal, Côte d’Ivoire and The Gambia. In...
ECOWAS says the region has 28 shared river basins covering about 71% of its land area, with nearly every country sharing at ...
March trade flows marked a structural shift for a country that spent decades importing petrol despite being one of Africa's largest crude producers.