AfDB, Italy Sign Co-Financing Deal to Boost Key Sectors in Africa The African Development Bank…

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…

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…

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.