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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1289

    High Default Risk: Fitch Downgrades Gabon to ‘CCC+’

    Inside Africa July 30, 2024

    Fitch Ratings has downgraded Gabon’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘B-‘, denoting a very high

    Crypto Market Cap Declines to $2.4T as Bitcoin Retreats

    MarketNews July 30, 2024

    The global crypto market cap decline by about 3.3% over the last 24 hours to settled at $2.4 trillion, according to data from top

    US Dollar Mixed Ahead Consumer Confidence Data

    MarketNews July 30, 2024

    The US dollar was mixed against its major trading partners early Tuesday — up versus the pound and yen, down versus the euro

    US Slowdown Looms Amid Delicate Political, Geopolitical Uncertainty –Fitch

    MarketNews July 30, 2024

    US rate rises in 2023 have begun to show some effect on the labour market and demand, while politics remains an area of high

    Italy’s CDP, AfDB to Invest €400m in Africa’s Private Sector

    MarketNews July 30, 2024

    Italy’s National Promotional Institution Cassa Depositi e Prestiti (CDP) and the African Development Bank (AfDB) Group plan to

    Oil Prices Sink Further over Demand Concerns

    MarketNews July 30, 2024

    Prices of crude oil decreased in the global commodity market on Tuesday due to demand concerns in China, one of the world’s largest

    BUA Cement Sees Sharp Profit Slumps in H1-2024

    MarketNews July 30, 2024

    BUA Cement Plc saw a sharp decline in profitability in the first half of 2024, details from its unaudited financial statement

    Lafarge Africa Profit Slides by 17% to N29 billion

    MarketNews July 30, 2024

    Lafarge Africa Plc posted more than 17% decline in profit, from N35.479 billion in the first half of 2023 to N29.350 billion in June,

    Presco Grows Profit by 158% to N39 Billion

    MarketNews July 30, 2024

    Producer of specialty fats and oils, Presco Plc, net profit rose by about 158% year on year to N39 billion, the company’s

    NNPCL Orders to Sell Crude Oil to Dangote, Other Refineries in Naira

    MarketNews July 30, 2024

    The Federal Executive Council (FEC) has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to

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    XRP Hovers at $1.30 as Ripple Says Customers, Partners Increase 3x

    October 29, 2026

    Sterling Financial Bolsters Earnings, Grows Profit by 37% to N97.28bn

    October 29, 2026

    South African Rand Steadies as Investors Digest Fed Rates Decision

    October 29, 2026

    Nigeria’s 20-Year US Dollar Bond Yield Falls to 8.50%

    October 29, 2026

    UK, Nigeria Seek Investment in Small Hydropower Projects

    October 29, 2026

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