Browsing: Inside Africa
The World Bank Group, through its private-sector arm the International Finance Corporation (IFC), and Citi have signed a new 1.6 billion South African rand borrowing facility that will expand IFC’s ability to provide local currency (LC) financing in South Africa.
JSE Index Upbeat after Sell Pressure The South African bourse, Johannesburg Stock Exchange (JSE), is set for a firmer open…
Moody’s Ratings has changed the Government of Ghana’s outlook to positive from stable and affirmed the long-term issuer ratings in local and foreign currency, as well as the foreign-currency senior unsecured debt ratings at Caa1.
South African Rand Climbs Amid Soft Manufacturing Output The South African rand strengthened, trading at R16.39 per dollar, R19.18 per…
The South African Rand is holding up well against major crosses, including the US dollar, Euro and British Pound (GBP), following yesterday’s rally, First National Bank (FNB) said in its daily market insight on Thursday.
Nairobi Stock Exchange (NSE) Index climbed on Wednesday as Kenya Airways (7.7%), Umeme Ltd (7.6%), Unga Group (6.6%), Sasin (5.8%) and Kenye Re (5.5%) were the top gainers in the list.
FTSE Russell keeps Egypt in view for possible reclassification to frontier market (FM) status, an official note following its March review highlighted.
Ghana Stock Exchange Rebounds, Total, GCB Lead Gains The Ghana Stock Exchange (GSE) rebounded in Tuesday’s session, with both benchmark…
Zambian Private Sector Activity Improves to 6-Month High Zambian private sector firms recorded a fresh improvement in business conditions in…
Moody’s Affirms Egypt’s Caa1 Ratings With Positive Outlook Moody’s Ratings (Moody’s) has today affirmed the Government of Egypt’s Caa1 long-term…