The European Central Bank launched a raft of measures on Thursday to fight low inflation and boost the euro zone economy, cutting rates, imposing negative interest rates on its overnight depositors and offering banks new long-term funds. The ECB cut all its main rates to record lows in a drive […]

After 17 years, the timing is finally on Kenya’s side as the government readies its first Eurobond sale, betting the nation’s growth prospects and resurgent demand for emerging-market debt will keep borrowing costs contained. Investors may demand a yield of about 7 percent to buy the securities, less than the […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-World technology and services firm, Ericsson on Wednesday predicted 930 million mobile users in sub-Saharan Africa by the end of 2019 according to its latest mobility report. The firm says the scale of the region’s ongoing data revolution with traffic growth doubling the past year. […]