Banking
African Energy Bank’s Launch Hampered By Funding Problems
Oil-producing African countries, operating under the aegis of the African Petroleum Producers Organization (APPO), have set up an African Energy...
Author: Vincent Nwanma
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Technology
Ghana Adopts Blockchain To Stem Fraud
Ghana reached a $3 billion loan agreement with the International Monetary Fund (IMF) last year. Now, it will become the...
Banking
Nigeria: Lenders Race To Meet New Capital Targets
Lenders have begun raising additional capital to meet new targets set by the Central Bank of Nigeria, which has given...
Economics, Policy & Regulation
Nigeria: Treacherous Terrain
Nigeria’s diversified, resource-rich economy beckons investors. But in the absence of major reforms and an economic development agenda, direct and...
Banking
Nigeria’s Biggest Bank Gets Female CEO
When Access Holding Co. of Nigeria announced the appointment of Bolaji Agbede as acting group CEO following the death of...
Economics, Policy & Regulation
Africa’s Largest Oil Refinery Goes Live
Dangote Petroleum Refinery, built at a cost of $20 billion, has commenced production in Lagos, Nigeria—and with it, the country’s...
Emerging & Frontier Markets
Côte D’Ivoire Bounces Back
The West African country looks to sustain growth based on rising productivity. Côte d’Ivoire, the world’s top producer of cocoa...
Capital Raising & Corporate Finance
Africa: Wooing Venture Capital
African entrepreneurs, frustrated by political and economic barriers and reluctant banks, increasingly see VC as the source of the funds they need.
Emerging & Frontier Markets
Central Bank Governor Out As Nigeria Shifts To Floating Exchange Rate
The move, which economists deem positive, is a prelude to needed monetary reform.
Capital Raising & Corporate Finance
Nigeria’s Stock Exchange Lists Itself
Although the shares are still closely held by erstwhile members, there is a strong appetite from nonmember retail investors and institutional investors to own shares in the exchange.
Data
Looming Fiscal Risk Threatens Ghana’s Recovery
State borrowing crowds out private lending in Ghana.
Country Report
Nigeria: A Bridge To Infrastructure
Nigeria needs major upgrades but its risk profile scares investors.A blended approach could leverage public funds to spur private support.