Kenya: Saccos savings cross Sh1 trillion mark
Member deposits in savings and credit co-operative societies (Saccos) have crossed the Sh1trillion mark for the first time, defying the…
Category: Finance
Ghana: Our partnership with GCB yields first indigenous rubber factory –Narubiz MD
The Managing Director of Narubiz Rubber Processing Factory, Emmanuel Owusu hasrevealed that GCB Bank PLC’s strategic financing partnership with his…
Egypt: Raya Holding signs agreement to acquire 27.69% stake in Ostool
Raya Holding has announced the signing of an agreement to acquire a 27.69 per cent ownership stake in Ostool for…
World Bank lines up $150m funding for small firms in Kenya
About 45,000 Kenyans are in line to benefit from new jobs in a $150 million (Sh23 billion) financing project for…
Kenya: BasiGo gets Sh766m for electric buses assembly
BasiGo has received a $5 million (Sh766.7 million) debt facility from a UK investor to ramp up local assembling of…
Nigeria: Equity investors gain over US$210m as market rebounds
After starting the week in the red zone, the Nigerian Exchange Limited on Tuesday, December 5, closed in the green…
Nigeria: Naira hits new low, 1060/$ as MAN kicks at policy reversal
The crises festering in the Nigeria’s currency exchange market has doubled down with the local currency depreciating further across all segments…
Nigeria signs deal with Afreximbank to fund $200m LNG project
NIGERIA and African Export Import Bank, Afreximbank, signed an agreement targeted at funding the nation’s $200 million Liquefied Natural Gas, LNG…
Nigeria: Firm partners Trade Lenda on energy solution
In a move to advance sustainable energy solutions and increase accessibility for communities, BaobabPlus Nigeria, a provider of solar technologies,…
Arab countries’ investments in Egypt rose to $2.67B by end of September
Arab countries’ investments in the Egyptian market increased to $2.670 billion at the end of the first quarter of 2022/2023,…