ECM activity in 2017 was the second highest since 2013 in terms of volume with 121 issuances, up 25% over the prior year, and the highest since 2013 in terms of value
Overall, African equity capital market transaction volume and value improved in 2017 over 2016. In terms of value,...
Progress in the fight against hunger is patchy. New tools must target action to those who are most vulnerable
In 2000, the United Nations hosted the largest gathering of political leaders ever held. At that meeting, all 189 UN member states, plus leading development institutions, committed to the Millennium Development...
The spokesperson for the National People’s Congress of the People’s Republic of China, Zhang Yuesi, has said China is open for international trade with any country that desires to do business.
He cited the One belt, One Road (OBOR) project as one of the initiatives which has the potential of...
Kenya’s private-sector activity expanded at a rapid pace last month as output rose and orders increased, a survey showed on Monday, news that will cheer investors after months of election-related contraction last year.
The Markit and CFC Stanbic Kenya Purchasing Managers’ Index (PMI) for manufacturing and services rose to 54.7,...
Barclays Africa is to change its brand name to Absa Group subject to the necessary regulatory and shareholder approval, Group Chief Executive, Maria Ramos, disclosed on Thursday.
“We’ll be Absa, not as you know it but re-launched, re-presented and with an identity fit for the new and forward-looking business we...
Barclays Africa Group, South Africa’s No.2 lender by market value, reported a 4 percent rise in annual profit on Thursday, thanks to a substantial decline in impairments. Normalised diluted headline EPS, the primary measure of profit in South Africa that strips out one-off items, came in at 1,837.7 cents...
South Africa’s much bigger-than-expected trade deficit in January wiped out 12 consecutive months of surpluses, as exports of major commodities and machinery fell sharply.
The trade balance in January swung to a 27.66 billion rand ($2 billion) deficit, far beyond market expectations of a 5 billon rand shortfall, from a...
President Nana Addo Dankwa Akufo-Addo has called on American investors to take part in the extraordinary opportunities that exist in Ghana and on the African continent.
“There is a lot of opportunity for American capital, technology and enterprise in Ghana, and indeed in Africa; and we welcome companies from all...
International donors have raised half a billion dollars for a multi-national military operation in West Africa’s Sahel region, the EU’s top diplomat said on Friday, as Europe seeks to stop migrants and militants reaching its shores.
At a conference of about 50 countries including the United States, Japan and Norway,...