Forbes to go public at $630 million via a SPAC mergerJanet John | Nairametricson 27 August 2021 at 14:07 on 27 August 2021 at 14:07 on 27 August 2021 at 14:07 AFRICAN MARKETS: Business News
Forbes has announced its plans to go public via a merger with a publicly traded special purpose acquisition company. Forbes has announced its plans to go public via a merger with a publicly traded special purpose acquisition company.Read More 0 Shares
Fitch Upgrades Gabon to ‘B-‘; Outlook StableFitch Ratingson 25 August 2021 at 16:51 on 25 August 2021 at 16:51 on 25 August 2021 at 16:51 AFRICAN MARKETS: Business News
Fitch Ratings has upgraded Gabon’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC’. The Outlook is Stable. Fitch Ratings has upgraded Gabon’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC’. The Outlook is Stable.Read More 0 Shares
Egypt becomes Arab World’s biggest LNG exporter in Q2 2021: OAPECArab Financeon 22 August 2021 at 22:04 on 22 August 2021 at 22:04 on 22 August 2021 at 22:04 AFRICAN MARKETS: Business News
The Arab countries’ total global market share of the world’s exports of liquified natural gas (LNG) amounted to 30% during the second quarter (Q2) of 2021, according to a report conducted by Expert Engineer at the Organization of Arab Petroleum Exporting Countries (OAPEC) Wael Hamed Abdel Moati. The Arab countries’ total global market share of …. Read More
Fitch Rates Banque du Caire ‘B+’; Outlook StableFitch Ratingson 19 August 2021 at 23:09 on 19 August 2021 at 23:09 on 19 August 2021 at 23:09 AFRICAN MARKETS: Business News
Fitch Ratings has assigned Banque du Caire S.A.E. (BDC) a Long-Term Issuer Default Rating (IDR) of ‘B+’ with a Stable Outlook, Viability Rating (VR) of ‘b+’ and National Long-Term Rating of ‘AA(egy)’ with a Stable Outlook. A full list of ratings is below. Fitch Ratings has assigned Banque du Caire S.A.E. (BDC) a Long-Term Issuer …. Read More
Tunisia’s central bank holds rate, looks to economic reformsCentral Bank Newson 4 August 2021 at 08:31 on 4 August 2021 at 08:31 on 4 August 2021 at 08:31 AFRICAN MARKETS: Business News
Tunisia’s central bank left its interest rate steady and called on politicians and other stakeholders to carry out economic reforms that can help the country overcome its current crises and emphasized the need to restore the confidence of international institutions and foreign donors in the country’s economy. Tunisia’s central bank left its interest rate steady …. Read More
Rwanda raises 620 mln USD through issuance of 10-year EurobondXinhuaon 3 August 2021 at 21:15 on 3 August 2021 at 21:15 on 3 August 2021 at 21:15 AFRICAN MARKETS: Business News
Rwanda has raised 620 million U.S. dollars through the issuance of a 10-year Eurobond, authorities said in a statement released on Monday. Rwanda has raised 620 million U.S. dollars through the issuance of a 10-year Eurobond, authorities said in a statement released on Monday.Read More 0 Shares
African Exchanges Linkage Project (AELP) to boost trading between African exchangesPress Releaseon 2 August 2021 at 17:34 on 2 August 2021 at 17:34 on 2 August 2021 at 17:34 AFRICAN MARKETS: Business News
Cross-border trading from one African securities exchange to another comes a step closer, after the African Securities Exchanges Association (ASEA) signed a contract to procure an order-routing system. Seven of Africa’s leading securities Exchanges are working together in the African Exchanges Linkage Project (AELP) to boost pan-African investment flows and bring more liquidity to African …. Read More
