Markets Coverage

Kenya central bank lifts 9-yr hiatus on new commercial bank licensing

Nampak SA sells its 51.43% stake in Zim. operations to TSL for $25mn

IEA follows OPEC to cut global oil demand for 2025 and 2026

Kenyans lose millions in popular crypto trading platform

Nigeria: Ponzi scheme operators disappear with NGN1.3tn

UBS cuts its Brent Oil price forecast by $12 to $68/pb in 2025

Zimbabwe's Reserve Bank removes penalties for charging above official FX rate

Egypt: Madinet Masr executes buyback of 42.7mn shares under treasury stock prog.

Afreximbank posts $973.5mn profit in 2024, up 29% amid global headwinds

Kenya: CIC Group to restructure Sh3.4bn loan from Co-op Bank

Raya Holdings Posts Strong 44.2% Revenue Growth in FY24

Egypt, Kuwait Deepen relations with Focus on Regional Priorities

BRVM-listed Orange Group 1Q: Revenue up 8.6%

Egypt’s Suez Canal launches digital investor services with EBRD, ministry support

Nigeria's headline inflation hits 24.23% in March, up sharply from 23.18% in Feb.

ZimRe FY24: Ins. Contracts +140%; Ins. Service +166%; Net Expenses +118%