Stanbic IBTC Secures $125M China Development Bank Loan
Stanbic IBTC Bank has successfully negotiated a three-year CNY800 million ($125 million equivalent) term loan
Business and Economy
Sub-Saharan Investment Banking Earnings Hit 13-Year Low
Investment banking revenues across Sub-Saharan Africa plummeted to $169.3 million in the first half of
Nigeria Targets Fish Import Ban, Boosts Production
Nigeria’s headline inflation rate decreased to 22.22% in June 2025, marking the second consecutive monthly
Togo Launches Plan to Improve Public Hospitals
Togo’s health authorities are preparing a “Hospital Establishment Project” to improve regional and prefectural public
BoG to Crack Down on Dollar Use
The Bank of Ghana will take tough steps to stop the widespread use of dollars
Mahama Declares Illegal Mining a National Emergency
President John Mahama has labeled illegal mining a national emergency due to its destructive impact
Uganda Receives $340 Million World Bank Manufacturing Boost
Uganda has received the first tranche of 170 billion Ugandan shillings ($340 million) from the
Chinese Investment Drives Zimbabwe’s Economic Growth
Chinese investment continues to significantly drive Zimbabwe’s economic development, with substantial potential for further strengthening
Nigeria Partners CILSS to Strengthen Food Security
The Federal Government has strengthened its commitment to enhancing food and nutrition security through a
Stock Market Capitalisation Reaches N127 Trillion
Nigeria’s stock market capitalisation surged to N126.73 trillion in the first half of 2025, representing