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Africa News
BRICS bank earns $94 mln in first South Africa bond auction
The New Development Bank (NDB), a financial institution established by the BRICS bloc of emerging markets,…
GCR affirms Afreximbank international scale long, short-term issuer credit ratings
GCR Ratings, an affiliate of Moody’s Investors Service, has recently affirmed Egypt-based African Export-Import…
Egypt’s Arab Contractors signs JV deal with Angolan Mercons
Egyptian construction giant Arab Contractors (AC) said on Wednesday it had signed a joint venture agreement with…
Jumia loses 1 million customers in Nigeria, Ghana, Egypt
Jumia, Africa’s e-commerce giant firm has posted its financial results for the second quarter of 2023, showing a…
Nigeria owes JP Morgan, Goldman Sachs $7.5bln
The Central Bank of Nigeria (CBN) is owing a $7.5 billion to American banks, JP Morgan and Goldman Sachs, according…
South Africa, China ink trade agreements of $2.2 bln
China-South Africa relations have strengthened with the signing of 20 deals by the Chinese companies to buy…
Egypt’s CBE exchanges cybersecurity experience with Bank of Ghana
A delegation of the Central Bank of Ghana visited the Central Bank of Egypt (CBE), with the aim of exchanging…
Egypt’s c.bank governor Hassan Abdalla meets South Sudanese delegation
A high-level South Sudanese delegation led by the Bank of South Sudan first deputy governor Addis Ababa Othow…
Egypt delivers 1st pharmaceuticals shipment to Zimbabwe
Egypt delivered its first shipment of pharmaceuticals manufactured by local firms to Zimbabwe, the Egyptian Drug…
UK pledges $73mln for Nigeria’s food security
UK Foreign Secretary James Cleverly announced on Wednesday a $73 million aid package to boost food security in…
