Investreet Financial Logo 2

News

Tanzania Prepares State-Owned Bank for Stock Exchange Listing.

Tanzania’s government is preparing Tanzania Commercial Bank (TCB) for a listing on the Dar es Salaam Stock Exchange (DSE), the…

ECOWAS Reviews Progress Towards 2027 Single Currency Launch, The ECO.

The Economic Community of West African States (ECOWAS) reviewed progress towards launching its ECOWAS single currency, the ECO, in 2027…

IFAD, Equity Group Launch $200 Million Climate Adaptation Finance Mechanism for East African Farmers.

The International Fund for Agricultural Development (IFAD) and Equity Group launched a $200 million climate adaptation finance mechanism on Friday…

Uganda Names ‘Pearl Sweet’ Crude, Targets 2027 As Africa’s Newest Oil Exporter.

Uganda has unveiled “Pearl Sweet” as the trading name for the crude oil it plans to begin exporting in early…

Tanzania’s Prime Minister Mwigulu Lameck Nchemba to Headline Investment Forum in London.

Tanzanian Prime Minister Mwigulu Lameck Nchemba will deliver the keynote address at the inaugural Tanzania Investment Forum in London on…

African Export Fund FEDA Adds Senegal, Liberia as Members, Membership Rises To 24.

The Fund for Export Development in Africa (FEDA) said on Monday that Senegal and Liberia had acceded to its establishment…

Nigeria Antitrust Regulator Investigates Uber Exit Over Unfulfilled Customer Services.

Nigeria’s competition regulator said on Sunday it is investigating Uber Technologies Inc’s abrupt exit from the country, focusing on whether…

S&P Cuts Senegal Credit Rating To ‘CC’ On Debt Restructuring Plan.

S&P Global Ratings cut Senegal’s long-term foreign-currency sovereign credit rating to “CC” from “CCC+” and its local-currency rating to “CCC”…

Egypt Seeks Expanded AIIB Investment in Energy, Transport and Logistics.

Egyptian President Abdel Fattah al-Sisi urged the Asian Infrastructure Investment Bank (AIIB) to expand investment in Egypt into energy, transport,…

FSCA Debars Africa Bitcoin Executives Over Altvest Share Price Manipulation.

South Africa’s financial regulator has fined and debarred three executives linked to Africa Bitcoin Corporation for 20 years over Altvest…