- Fitch Affirms Côte d’Ivoire Rating at ‘BB’, Outlook Stable
- Money Market Rates Mixed as Banking System Liquidity Dips
- CBN to Open N1trn Worth of Treasury Bills for Subscription
- CBN Raises N3.8trn in OMO Bills Sales to Banks, FPIs
- Naira Opens Weak, Foreign Investors Drive $0.93bn FX Inflows
- South African Rand Firmer as ‘Peace Deal’ Shifts Market Sentiment
- Global Equities Markets Rally on AI Momentum, SpaceX IPO Debut
- Anthropic Restricts Access to Fable, Mythos 5 AI Models after US Order
Inside Africa
Fitch Ratings has affirmed Côte d’Ivoire’s Long-Term Issuer Default Ratings (IDRs) at ‘BB’
The South African rand is firmer against the US dollar, the euro, and the British pound…
Niger government has unlocked access to an additional loan from the International Monetary Fund (IMF) following a staff-level agreement on the ninth review of the country’s economic program supported by the Extended Credit Facility.
The Central Bank of Kenya (CBK) is scheduled to reopen three Treasury bonds on Wednesday as the authority anticipates a large payout in May.
The South African rand weakened against major crosses in the foreign exchange market as investors sought positions in safer global currencies amid geopolitical pressures.
The Kenyan shilling (KES) gained strength against major crosses in the foreign exchange market last week, reflecting the absence of significant pressure on the local currency amidst growing diaspora remittances.
The Nairobi Securities Exchange (NSE) All-share index (ASI) declined as investors pulled profits by selling Longhorn, Kenyan Airways, Unga Group, Express Kenya, and Britam shares.
The South African Rand weakened across the board, trading lower against the US dollar, the Euro and the British pound, on Tuesday as gold, the country’s major export earner, came under pressure.
Johannesburg Stock Exchange (JSE) is set for a softer opening following a sluggish prior close, with Asian markets broadly lower and Tencent down 0.46%, offering a slightly negative read-through for Naspers and Prosus.