Markets Coverage

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

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

Saudi Arabia, Egypt agree deeper investment ties

Tunisia to raise taxes again, double internal debt

Rwanda, EAC vow to promote trade ties

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

Zimbabwe civil servants to receive $40 salary increase

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

Liberia secures €108mn EU grant

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

South Africa targets 3.3% growth by end of 2025

Italian ENI starts drilling in Libya’s Ghadames Basin

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

National Bank of Ethiopia licenses five non-bank FX operators

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

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