Ghana accuses Moody’s and Fitch Ratings of ‘bias’ after its credit rating was downgraded by the agencies
The Ministry of Finance in Ghana has accused Moody’s Investors Service of bias, following the ratings agency’s decision to downgrade...
Nigeria Focus on ambitious plan to curb crude oil theft and plug revenue losses
Nigeria finally has an ambitious plan that will not only put an end to the lingering problem of crude oil...
Globacom Limited, owned by Nigerian billionaire Mike Adenuga signs network extension deal with Ceragon Networks to launch 5G in Nigeria
Globacom Limited (Glo) has entered into an agreement with Israeli network equipment supplier Ceragon Networks Limited to expand its nationwide...
The Kenyan Government will inject $176 million in heavily-indebted Kenya Airways
Amid the news that Kenya Airways is in the process of restructuring its debts, Business Insider Africa has gathered that...
Aliko Dangote’s auto company, Dangote Peugeot Automobile, begins assembly in Nigeria
Dangote Peugeot Automobiles Nigeria Limited (DPAN) has started assembling vehicles in Nigeria, beginning with the Land Trek, 3008, 5008 and...
Egypt’s wealthiest man Naseef Sawiris loses $230 million as Adidas shares drop by 6%
Ikeanumba gathered that his net worth fell from $6.5 billion at the start of 2022 to $6.4 billion. Less than...
Nigeria’s foreign reserves lost $481.4 million this past January 2022
In the first month of 2022, Nigeria’s foreign reserves declined by 1.2% and shed $481.4 million in the process. According...
TOP 10 INVESTMENT BANKS IN AFRICA
Investment banks are financial institutions that play an advisory role in raising capital for wealthy individuals, companies, and governments. These...
In Kenya, KFC has run out of imported potatoes but would not patronize local farmers
The disruptions in the global supply chain due to the pandemic has resulted in KFC suffering a shortage of imported...
Elon Musk: Cryptocurrencies Are Not Perfect But Are Better Than Anything Else We Have Seen
Tesla’s CEO – Elon Musk – opined that digital assets could reduce the error in the money database. In his...