Africa Financial Markets News

Nigeria: Naira Loses 0.5 Points Against Dollar


[Daily Trust] The Naira has sustained its gains against the dollar at the parallel market.

South Africa: 117,483 Fewer Potholes in DA-Led Jhb


[DA] Over the past year, the DA-led City of Johannesburg has repaired 117,483 potholes, a massive 26,945 (22%) more poth...

Nigeria: SEC to Sanction Operators, Companies Over Tax Default


[Daily Trust] The Securities and Exchange Commission (SEC) in a circular culled from its website wishes to inform all Ca...

Nigeria: Govt Appoints Osakwe DG of Trade Negotiations Office


[Daily Trust] The Federal Government has approved the appointment of Ambassador Chiedu Osakwe as Director General with c...

Uganda: President Museveni Orders Eviction of Mubende Gold Miners


[Oil in Uganda] About 50,000 artisanal miners and leaders in Mubende district are in fear and panic following President ...

Nigeria: Equities Market Nears Three-Year High, Gains N1.5 Trillian in 15 Days


[This Day] The Nigerian equities market Wednesday moved closer to a three-year high after the Nigerian Stock Exchange (N...

Tanzania: As Arteries to Human Anatomy, So Are the Road Networks to Economy


[Daily News] FOR nine good days, the Head of State traversed kilometers of dusty roads, opening up road links that will ...

Tanzania: CRDB Bank Share up 16Pc in Three Weeks


[Daily News] CRDB bank share price has made an abrupt U-turn after appreciating by 16 per cent in the last three weeks.

Liberia: VP Boakai Promises Modern High School for Rivercess


[Observer] Photo of the only school in Gblorseo Town, River Cess that stops at the 10th grade.

Egypt: IFC Board Approves Investment in World's Largest Solar Photovoltaic Generation Park in Egypt


[PR Newswire] Cairo -The Board of Executive Directors of IFC, a member of the World Bank Group, approved on July 20 an i...