Quickmart IPO Faces Parliamentary Scrutiny Ahead of NSE Trading Debut
The parliamentary intervention raises questions about investor education, corporate disclosures and the responsibilities of market regulators as more Kenyan businesses…
Ghana Makes First Hydrocarbon Discovery in New Offshore Reservoir
Ghana has recorded its first hydrocarbon discovery in a carbonate reservoir, opening a new frontier for offshore oil and gas…
US Turns to DR Congo for Tin Supply in $65 Million Push to Revive Domestic Smelting
For African mineral producers, the development highlights an opportunity beyond extracting and exporting raw materials. As major economies compete to…
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DR Congo Holds Benchmark Rate at 12.5% as Inflation Risks Persist
The Central Bank of the Democratic Republic of Congo (BCC) has kept its benchmark interest rate at 12.5%. The bank…
Tanzania Holds Benchmark Rate at 6.25% as Inflation Holds within Target
The Bank of Tanzania has decided to keep its Central Bank Rate (CBR) at 6.25%. The decision comes as inflation…
AU Appoints Sifiso Falala to Lead Africa’s New Credit Rating Agency
The African Union has appointed South African ratings executive Sifiso Falala as interim Chief Executive Officer of the Africa Credit…
Kenya Signs Ksh390 Billion Deal to Manufacture Electric Cars Locally
Kenya has signed a Ksh390 billion ($3 billion) deal with Endelevu Enterprise Corporation to develop an integrated electric mobility industry…
Commercial International Bank Commits $38 Million to MNT-Halan IPO
Commercial International Bank said on Monday that it has signed a cornerstone investment agreement, dated September 24, to buy up…
Kiir and Ruto Meet in Nairobi as South Sudan Prepares for December Vote and Eyes Lamu Refinery
South Sudan President Salva Kiir Mayardit held talks with Kenyan President William Ruto at State House, Nairobi, on Monday, October…