Africa

Nigeria’s Internecine Index Debate

Nigerian shares were off 40 percent at Africa’s MSCI frontier bottom as the central bank rates and intervention were unchanged ...

South Africa’s Ducked Live Wires

South African stocks kept positive despite the reintroduction of rolling power blackouts from Eskom’s strained grid as ratings agencies postponed ...

Nigeria’s Stretched Band Recoil

Nigerian stocks were down 30 percent on the MSCI Frontier Index after the central bank raised the benchmark interest rate ...

Africa’s Tethered Trade Finance Hub

The African Development Bank after approving a $1 billion export credit support program completed a 45-country survey of 275 banks ...

Africa’s Energetic Pocket Protectors

As Sub-Saharan capital markets continue to correct, slashing year-end MSCI frontier index improvement to single digits, the IIF issued an ...

Africa’s Unhealthy Commodity Command

Sub-Saharan stock markets continued to reel amid Ebola, raw material price and political scares as Nigeria in particular was off ...

South Africa’s Trapped Power Pursuit

South African shares were flat as new finance ministry and central bank heads came on board and indicated harsher fiscal ...

Africa’s Oil Fire Singe

African securities were pounded by a combination of commodity price and global financial market jitters as oil fell toward $80/barrel ...

Ghana’s Grating Imbalance Impertinence

Ghana sold a third long delayed $1 billion Eurobond at an 8.25 percent yield in contrast with Kenya’s and Cote ...

South Africa’s Hobbled Ability Abstention

South African banking shares were slammed despite overall MSCI index advance as unsecured consumer lender Abil was saved by a ...

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