Markets Coverage

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

JP Morgan chief Dimon starts SSA tour in Nigeria

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

Tunisia to raise taxes again, double internal debt

African Finance Corp. Floats fresh $500mn global Eurobond at 5.55% coupon

Banks warn RBZ on ZIG deval., rates, reserves, FX controls

Italian ENI starts drilling in Libya’s Ghadames Basin

South Africa targets 3.3% growth by end of 2025

National Bank of Ethiopia licenses five non-bank FX operators

Kenya inflation slumps to 3.6% in Sept vs. 4.4%

Morocco’s aviation sector key of economic growth - IATA Boss

Ghana inflation up in Sept. on higher food prices

Namibia: GIPF to pay pensioners tax refunds in November

Egypt reports $9.7bn balance of payment surplus for FY2023/24

Izwe Loans Limited floats Kwanza 69mn debt on Lusaka Stock Exchange

Liberia secures €108mn EU grant