Kenya will use part of the recently obtained Sh156.8 billion loan from the World Bank to clear the outstanding balance of Sh65.3 billion ($500 million) from its first Eurobond maturing on… Read More
The Finance Minister Dr. Mohammed Amin Adam has justified calls for for establishing an African sovereign credit rating agency.
He argues this would ensure a balanced, accurate, and comprehe… Read More
Finance Minister Dr. Mohammed Amin Adam has thrown his weight behind calls for establishing an African sovereign credit rating agency.
He argues this would ensure a balanced, accurate, and c… Read More
According to a report, the demand for foreign exchange by individuals and companies seeking to do importation and other forex-related activities fell 42 per cent year-on-year, latest data fr… Read More
France and Germany have overtaken China in budgeted loans from rich countries for the new year that begins in July, highlighting President William Ruto's realignment with the West in a fo… Read More
Over 10 years ago I was at Central University College to cover Dr Bawumia's famous lecture on Restoring the Value of the Cedi. I've just reviewed my physical copy of the lecture and these ar… Read More
Kenyan President William Ruto has announced expectations for a $1 billion disbursement from the International Monetary Fund (IMF) next month, signalling a positive turn for the economy follo… Read More
Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, Afric… Read More
As per recent media agencies, Pakistan makes formal request to IMF for a next bailout package of between US$6 billion – US$8 billion and are seeking possibility of augmentation vi… Read More
Pakistan has formally requested the next bailout package from the International Monetary Fund (IMF) in the amount of $6 to $8 billion under the Extended Fund Facility (EFF), with the option… Read More
The International Monetary Fund (IMF) has reassured Ghana that it will receive its next tranche of funding support amounting to US$360 million in June 2024, despite the nation not having fin… Read More
Finance Minister Muhammad Aurangzeb met with Citibank officials in Washington DC and briefed them on the positive economic indicators including rising stock market, renewed interest of for… Read More
Kenya Poised to Lead Africa with Ksh66B Sustainability-Based BondDIASPORA MESSENGER NEWS MEDIA
Kenya Poised to Lead Africa with Ksh66B Sustainability-Based BondPresident Ruto’s efforts… Read More
Kenya’s economic resurgence in 2024 proving a reality following a notable upturn in recent months, marked by positive indicators across sectors.
According to CBK, leading indicators po… Read More
In recent weeks, Nigeria has witnessed a remarkable turnaround in its currency dynamics, with the naira rebounding from record lows against the dollar. However, this resurgence has come… Read More
Il Quotidiano del SudMichel “Sugli Eurobond dibattito aperto. Pnrr? Troveremo una soluzione”
TORINO (ITALPRESS) – L’Unione europea “troverà una soluzi… Read More
According to a World Bank report, the Shilling is the best-performing currency in Sub-Saharan Africa.According to its Africa Pulse Report released in April 2024, the Kenyan currency ap… Read More
The partnership will enable Kenya and South Korea to strengthen legal services and networks for African companies.
G&A has built a strong reputation in Africa, delivering on transformati… Read More
Economy
CBK seen holding rates on easing inflation, forex pain
Wednesday April 03 2024
Central Bank of Kenya (CBK) Governor Kamau Thugge. FILE PHOTO | DENNIS ONSONGO | NMG
The Central Ba… Read More
Il Quotidiano del SudUcraina, Tusk “Guerra pericolo reale, siamo in un’era prebellica”
MILANO (ITALPRESS) – “Non voglio spaventare nessuno, ma la guerra non… Read More
Nigeria's naira rose to a five-week high against the dollar in intraday trading on Wednesday, a day after the central bank hiked interest rates to tame inflation and lifted restrictions on f… Read More
I venti di guerra soffiano a Bruxelles: il Consiglio dell’Unione Europea si trasforma in un summit di confronto tra i capi di Stato e di governo riuniti per discutere importanti questi… Read More
Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) This fall 2023 Earnings Name Transcript March 20, 2024 1:00 PM ET
Firm Members
Ozlem Yardim – IR and Company Finance DirectorAli Taha Ko… Read More
Senior lecturer and economist at the University of Ghana, Dr. Adu Owusu Sarkodie, has underscored the improvements made in the Ghanaian economy, indicating that things are better compared to… Read More
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Kenya President William Ruto
President William Ruto has assured Kenyans that the economy has bounced back and the country is set for bette… Read More
The Federal Government of Nigeria has announced its plans to issue a Eurobond, marking its return to the international bond market since its last issuance in March 2022. For this venture, th… Read More
Nigeria has hired some big banks like Citigroup Inc., JPMorgan Chase & Co., and Goldman Sachs Group Inc. to help it with its first Eurobond issue since 2022. They’re planning to bo… Read More
INTRODUCTION
On the 28th of February, 2024, the Parliament of Ghana passed the Proper Human Sexual Rights and Ghanaian Family Values (“Anti-LGBTQ”) Bill. The Bill is yet to be fo… Read More
The Chief Investment Officer, Asia, Middle and Europe, Standard Chartered Bank, Mr. Manpreet Singh Gill and the Head, Wealth Management, Nigeria, Standard Chartered Bank, Mr. Lanre Olajide… Read More
You may be right if you think, based on what I am about to write, that I have been watching too much telenovela.
As I have said in my previous articles, I watch the Mexican soap operas becau… Read More
NEW DELHI: Last year saw an unexpected development in geopolitics with the expansion of BRICS, as five new nations were welcomed into the fold: Egypt, Ethiopia, Iran, Saudi Arabia, and the U… Read More
Ghanaian economist and leading member of the governing New Patriotic Party (NPP), Kwame Pianim, has expressed displeasure about the appointment of former finance minister Ken Ofori-Atta as t… Read More
Asue Ighodalo Biography
Asue Ighodalo, hails from Okaigben, Ewohimi, Esan South East LGA, Edo State, Nigeria is a popular Nigerian Entrepreneur.
Asus Ighodalo Age
How old is Asue Ighodalo?
A… Read More
The International Monetary Fund, IMF, has warned that the official exchange rate may further depreciate by about 35 per cent, this year, adding that this could lead to inflation rate peaking… Read More
Kenya’s Eurobond will positively impact the exchange, inflation, and interest rates.
Diamond Trust Bank revealed that Kenya’s $1.5 billion Eurobond attracted more than $6 b… Read More
Former Managing Director and Shareholder of Cal Bank, Frank Adu Jnr., has said that the democracy Ghana is practicing at the moment does not make sense to him.
He says that no Western c… Read More
The Kenyan shilling has made a strong turnaround against the US dollar this week,
Last Tuesday, Kenya successfully raised $1.5 billion from its Eurobonds buyback offer initiated on February… Read More
Kenyan Shilling Records Highest Gain Against US Dollar in 12 YearsDIASPORA MESSENGER NEWS MEDIA
Kenyan Shilling Records Highest Gain Against US Dollar in 12 YearsThe Kenyan currency continue… Read More
The International Monetary Fund (IMF) has forecasted a troubling trajectory for Nigeria’s foreign reserves, predicting a potential plunge to $24 billion by 2024.
The IMF’s la… Read More
Former President John Dramani Mahama has said the Akufo-Addo administration has performed badly in the past seven years that they have been in office
In his view, the bad performance of the… Read More
Benin Republic raises $750 million in first-ever dollar bonds as demand hit $5 billion.
In a historic move, the Benin Republic has successfully raised $750 million through its inaugural do… Read More
Experts project that Côte d’Ivoire seeks to sell its Eurobond and around 8.50 per cent to 8.75 per cent for a ticket size of between US$1 billion to US$1.25 billion.
Ghana, Seneg… Read More
Financial experts have advised the federal government under President Bola Ahmed Tinubu on what to do to stabilize the Naira against the US dollar in the foreign exchange market.
The analy… Read More
The IMF loan to Kenya provides a much-needed shot in the arm as it navigates debt repayments, including the $2.0 billion Eurobond maturing in June this year.
The country is expected to repay… Read More