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EFG Hermes, an Egyptian investment management firm, facilitated $1.25 billion worth of securities transactions on sub-Saharan African stock markets in 2020, according to a press release...
Liberty Media Acquisition Corporation (LMAC), a blank-check company backed by Formula One-owner Liberty Media Corp, said on Thursday it priced its initial public offering (IPO)...
Africa’s largest cement producer, Dangote Cement Plc, has bagged AA+(NG) and A1+(NG) ratings from Global Credit Ratings (GCR). GCR in its notice, affirmed the long-term and short-term...
World stocks racked up record highs on Thursday and the dollar fell, as investors bet major stimulus from new U.S. President Joe Biden and unswerving...
On January 19, 2021, the exchange rate between the naira and the dollar appreciated marginally closing at N393.35/$1 at the NAFEX (I&E Window) where forex is traded...
Morocco and Mauritius on January 1, 2021, joined the African Development Bank's Bloomberg African Bond Index (ABABI). The addition of the two countries marks the...
Safaricom’s share of combined investor wealth at the Nairobi Securities Exchange (NSE) has hit a record 60.2 percent on a sustained price rally, deepening its significance...
The results of the first of the 24 forward foreign exchange auctions scheduled by the Bank of Ghana for 2021 indicate that the local forex...
The market extended gains in the week ending session to see all the indices closing pointing northwards. The primary All Share Index added 4.85% to...
To end the week, the local bourse extended its positive rally appreciating further by N112 billion (Ghs 1.7 billion) amid increased buying interest. Specifically, the...