The government of Ghana in its 2021 budget indicated that it plans to raise up to $5 billion in the international capital markets this year. During the first quarter, the government successfully raised $3 billion in Eurobonds including its first zero coupon bond as part of the issuance. The government of Ghana in its 2021 ….  Read More

The Central Bank of Kenya (CBK) through its top policy-making organ-the Monetary Policy Committee (MPC) has retained the benchmark policy rate at 7% for the ninth consecutive time. The Central Bank of Kenya (CBK) through its top policy-making organ-the Monetary Policy Committee (MPC) has retained the benchmark policy rate at 7% for the ninth consecutive ….  Read More

Fitch Ratings has assigned Rwanda’s proposed senior unsecured US dollar denominated bonds a ‘B+’ rating. Fitch Ratings has assigned Rwanda’s proposed senior unsecured US dollar denominated bonds a ‘B+’ rating.Read More 0 Shares

The Nigerian apex bank reiterated it earlier stands against banks facilitating crypto transactions as e-Naira is set to launch in October. The Nigerian apex bank reiterated it earlier stands against banks facilitating crypto transactions as e-Naira is set to launch in October.Read More 0 Shares

South African owners of Nairobi’s Fairview Hotel, Town Lodge and City Lodge Two Rivers, are selling the three hotels to private equity fund Actis for Sh1 billion. South African owners of Nairobi’s Fairview Hotel, Town Lodge and City Lodge Two Rivers, are selling the three hotels to private equity fund Actis for Sh1 billion.Read More ….  Read More

The Bank of Ghana’s Monetary Policy Committee has kept its policy rate unchanged at 13.5% citing an increase in public debt stock and inflation. The Bank of Ghana’s Monetary Policy Committee has kept its policy rate unchanged at 13.5% citing an increase in public debt stock and inflation.Read More 0 Shares

Fitch Ratings has upgraded Cote d’Ivoire’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’. The Outlook is Stable. Fitch Ratings has upgraded Cote d’Ivoire’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-‘ from ‘B+’. The Outlook is Stable.Read More 0 Shares

Fitch Ratings has revised the Outlook on Rwanda’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at ‘B+’. Fitch Ratings has revised the Outlook on Rwanda’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at ‘B+’.Read More 0 Shares

The country’s banking sector assets grew below five per cent last year despite coronavirus pandemic shock thanks to loan book. The country’s banking sector assets grew below five per cent last year despite coronavirus pandemic shock thanks to loan book.Read More 0 Shares

The central bank of Seychelles, the archipelago in the Indian Ocean, shifted its interest rate corridor to downwards to lower market interest rates and support the ailing economy, with the result the monetary policy rate was cut for the fourth time since September 2019. The central bank of Seychelles, the archipelago in the Indian Ocean, ….  Read More