Markets Coverage

Fitch cuts KCB, NCBA, I&M bank’s credit ratings due to Kenya’s high debt

Sasol reports first loss since 2020 on American business impairments

Transcorp power appoints Christopher Ezeafulukwe as new Non-Exec. Director

Pres. Al-sisi extends Central Bank Governor tenure by one more year

Qatar Airways buys 25% stake in SA’s Airlink

Pres. Akufo-Addo cuts sod for $12bn petroleum hub project

HSBC plans sale of SA units to focus on Asia

Egypt’s foreign debt drops $7.4bn in Q1 2024

Tanzania Invst. Centre registers 409 projects, eyes $8.5bn in 2024

Libya Central Bank halts operation over abduction of ICT head

Turkey to begin oil exploration in Somalia

Rwanda: Cimerwa appoints Mangesh as new CEO

Global markets rout dent Frontier African stocks on Monday

Egypt plans 43 plots of land for new industrial zones

SA fuel prices to decline in August - Dept. of Minerals & Petroleum

Egypt’s trade deficit decreases 10.3% in May