Angola’s central bank holds key rate but raises liquidity absorption rateCentral Bank Newson 30 March 2021 at 09:41 on 30 March 2021 at 09:41 on 30 March 2021 at 09:41 AFRICAN MARKETS: Business News
Angola’s central bank left its benchmark interest rate steady but raised the rate on its permanent liquidity absorption facility, saying there are persistent inflationary pressures in the economy despite a stable exchange rate and contained aggregate demand. Angola’s central bank left its benchmark interest rate steady but raised the rate on its permanent liquidity absorption …. Read More
Kenya maintains rate 7th time, sees economic reboundCentral Bank Newson 30 March 2021 at 09:43 on 30 March 2021 at 09:43 on 30 March 2021 at 09:43 AFRICAN MARKETS: Business News
Kenya’s central bank left its policy rate steady for the 7th time, confirming it still expects the economy to rebound strongly this year while inflation remains well anchored and is forecast to remain within the bank’s target range in the near term. Kenya’s central bank left its policy rate steady for the 7th time, confirming …. Read More
Vivo Energy Rwanda Acquires ENES, GEMECA Petroleum AssetsTaarifa Rwandaon 26 March 2021 at 16:45 on 26 March 2021 at 16:45 on 26 March 2021 at 16:45 AFRICAN MARKETS: Business News
Vivo Energy Rwanda, the company that markets and distributes Engen-branded fuels and lubricants in Rwanda, has acquired Energy Solution (ENES) and GEMECA petroleum assets. Vivo Energy Rwanda, the company that markets and distributes Engen-branded fuels and lubricants in Rwanda, has acquired Energy Solution (ENES) and GEMECA petroleum assets.Read More 0 Shares
Fitch Assigns Ghana’s Proposed USD Bonds ‘B’ RatingFitch Ratingson 25 March 2021 at 18:00 on 25 March 2021 at 18:00 on 25 March 2021 at 18:00 AFRICAN MARKETS: Business News
Fitch Ratings has assigned Ghana’s (B/Stable) proposed senior unsecured foreign-currency bonds a ‘B’ rating. Fitch Ratings has assigned Ghana’s (B/Stable) proposed senior unsecured foreign-currency bonds a ‘B’ rating.Read More 0 Shares
Nigerian Central Bank holds MPR at 11.5%, other parameters constantSamuel Oyekanmi | Nairametricson 24 March 2021 at 09:19 on 24 March 2021 at 09:19 on 24 March 2021 at 09:19 AFRICAN MARKETS: Business News
In its second MPC meeting of 2021, CBN votes to retain MPR at 11.5% and other parameters constant In its second MPC meeting of 2021, CBN votes to retain MPR at 11.5% and other parameters constantRead More 0 Shares
Nigeria adopts flexible exchange rate suggesting another devaluation of the nairaChike Olisah | Nairametricson 23 March 2021 at 16:55 on 23 March 2021 at 16:55 on 23 March 2021 at 16:55 AFRICAN MARKETS: Business News
The Federal Government has announced the adoption of a new flexible exchange rate policy for official transactions in a major foreign exchange policy shift. The Federal Government has announced the adoption of a new flexible exchange rate policy for official transactions in a major foreign exchange policy shift.Read More 0 Shares
Ghana: Monetary Policy Committee holds rate at 14.5%, sighting marginal threats to economic outlookJoy Businesson 22 March 2021 at 14:43 on 22 March 2021 at 14:43 on 22 March 2021 at 14:43 AFRICAN MARKETS: Business News
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has left its policy rate unchanged at 14.5%. The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has left its policy rate unchanged at 14.5%.Read More 0 Shares
Fitch Affirms Nigeria at ‘B’; Outlook StableFitch Ratingson 19 March 2021 at 19:11 on 19 March 2021 at 19:11 on 19 March 2021 at 19:11 AFRICAN MARKETS: Business News
Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook. Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook.Read More 0 Shares
Tech Companies in African Countries to Benefit from IFC’s $25 Million InvestmentMiriam Wangui | Kenyan Wallstreeton 12 March 2021 at 18:49 on 12 March 2021 at 18:49 on 12 March 2021 at 18:49 AFRICAN MARKETS: Business News
Digital technology companies operating in Kenya, Nigeria, Ghana, Cote d’Ivoire, Ethiopia, Uganda, Tanzania, Zambia, the Democratic Republic of Congo, Mozambique, Botswana and South Africa are set to gain from a $25 million equity investment by the International Finance Corporation. Digital technology companies operating in Kenya, Nigeria, Ghana, Cote d’Ivoire, Ethiopia, Uganda, Tanzania, Zambia, the Democratic …. Read More
Moody’s upgrades Benin’s ratings to B1, outlook changed to stableMoody’son 11 March 2021 at 21:23 on 11 March 2021 at 21:23 on 11 March 2021 at 21:23 AFRICAN MARKETS: Business News
Moody’s Investors Service (“Moody’s”) has upgraded the Government of Benin’s long-term issuer and senior unsecured debt ratings to B1 from B2. The outlook has been changed to stable from positive. Moody’s Investors Service (“Moody’s”) has upgraded the Government of Benin’s long-term issuer and senior unsecured debt ratings to B1 from B2. The outlook has been …. Read More
