UK Firms Secure £330 Million in African Infrastructure Contracts
British companies are set to secure more than £330 million in contracts linked to nine infrastructure projects in Guinea and…
African Development Bank, UK Export Finance Sign Deal to Mobilise African Investment
The African Development Bank Group and UK Export Finance signed a memorandum of understanding on Oct. 21 in Conakry to…
Nigeria Proposes African Depositary Receipts to Attract Cross-Border Investment
Nigeria’s Securities and Exchange Commission has proposed an African Depositary Receipts framework to help foreign companies raise capital from Nigerian…
Sonatel to Split Shares 10-for-1 on BRVM From October 26
Senegalese telecommunications operator Sonatel will implement a 10-for-1 share split on the West African regional stock exchange on October 26,…
African Energy Week secures more than $17 billion in investment commitments
African Energy Week 2026 secured more than $17 billion in investment commitments, with governments and energy companies announcing new deals,…
Deutsche Bank sees further gains for naira, flags borrowing risks
Deutsche Bank has added Nigeria to its frontier currency watchlist, saying the naira is undervalued and may have more room…
Africa Industrialisation Takes Centre Stage at Bangkok Forum
African policymakers and development finance leaders renewed calls for industrialisation, local mineral processing and greater domestic investment at a Bangkok…
Coca-Cola System Added $3.6 Billion To COMESA Economies In 2024, Study Says
Coca-Cola’s network of bottlers, suppliers, distributors and retailers generated $3.6 billion in economic activity across the Common Market for Eastern…
JPMorgan deposits 50 billion naira as Nigeria banking licence bid advances
JPMorgan Chase has deposited 50 billion naira ($38 million) with the Central Bank of Nigeria as it moves closer to…
South Africa Could Regain Investment-Grade Status by 2028, Investec Says
South Africa could regain investment-grade credit status by 2028, Investec Investment Management said on October 19, citing improving public finances…