Markets Coverage

Afrexibank midwife’s Ecobank’s fresh $400mn 10.125% bond due Oct. 2029

NUPRC flags-off race to additional 1mn/bpd oil

Egypt, Djibouti to build 276 kilowatt solar plant to undercut Ethiopia

Tunisia to raise taxes again, double internal debt

AFC’s $200mn BUA Sugar deal saves NGR est. $2bn in imports

JP Morgan chief Dimon starts SSA tour in Nigeria

Banks refund NGN7.05bn, $714,569 to customers – CBN

Ghana’s Agric. Devt. Bank recovers GH¢500m debts in 9-mths

IEA forecasts fossil fuel at 75% of global fuels in 2030, up from 73%

Pres. Ruto asks banks to lower rates to spur economy

JP Morgan appoints ex-CBK exec Montent as new Country Manager

Tanzania govt. aims for enhanced reforms in mining

Morocco okay red meat imports to combat rising prices

Fuel scarcity in Malawi, Transporters union blames FX shortage

Zimbabwe civil servants to receive $40 salary increase

Saudi Arabia, Egypt agree deeper investment ties