Navigating Ghana’s Eurobond Restructuring: Insights from AXA Mansard
In a recent report from AXA Mansard, Ghana’s Finance Minister, Ken Ofori-Atta, unveiled the indicative terms for the country’s Eurobond…
Day: October 19, 2023
FEDA Invests in Cabinda Oil Refinery in Angola
The Fund for Export Development in Africa (FEDA), an impact investment subsidiary of Afreximbank, has invested in the Cabinda Oil…
Oasis Capital Ghana Announces Successful Exit from Legacy Girls College
Oasis Capital Ghana, an SME growth equity investor in West Africa, has announced its successful exit from Legacy Girls College…
Alitheia IDF Invests $5 Million in South African Woman-Owned Textile Company, IVILI Group
Alitheia IDF, Africa’s first dedicated gender-focused investing Private Equity Fund, has invested $5 million in IVILI Group, a South African…
Nigeria Calls for Support of Proposed Global Tax Convention
Nigeria has urged Member States to back the proposed resolution for a global Tax Convention aimed at establishing a more…
Nigerian Financial Stocks See Consecutive Gains
The Nigerian Exchange Limited experienced its second consecutive day of gains, driven by investor interest in financial institution stocks. The…
Foreign Investors Expected to Shy Away from Nigeria in 2024 Due to Economic Uncertainties
According to experts at the 2023 African Economic and Capital Markets Conference, foreign investors may continue to steer clear of…
Former Minister Accuses Diesel Suppliers and Generator Dealers of Sabotaging Power Supply in Nigeria
Barth Nnaji, a former minister of power in Nigeria, has alleged that diesel suppliers and generator dealers are sabotaging efforts…
Naira Strengthens at Official Market, But Hits All-Time Low of N1,100/$ in Parallel Market
The naira experienced a 6.77 percent gain against the dollar at the official market, despite decreased liquidity. At the close…
Nigeria’s Inflation Trends and Factors Driving Them
Nigeria’s inflation rate has continued to rise, reaching 26.72% in September, with food inflation hitting a record high of 30.64%.…
Nigeria’s Emergence as a Hub for Pharmaceutical Manufacturing
Nigeria is poised to become a hub for Active Pharmaceutical Ingredients (API) manufacturing by early 2024, thanks to a private-sector…
RevRoad Capital Raises $61 Million Debut Fund to Boost Early-Stage Startups in Utah
RevRoad Capital, an affiliate of venture services firm RevRoad, has successfully raised $61 million for its inaugural fund. Based in…