Updates

IMF Loan to Support Economic Recovery in Kenya

IMF COUNTRY FOCUS March 25, 2021/IMF Kenya’s economy is now picking up speed after the COVID-19 shock, but the pandemic has left deep imprints on the country’s fiscal and debt positions. Earlier in the year, IMF staff and the country’s authorities reached a provisional agreement on a program to support […]

MIDDAY UPDATE: Nigerian Stocks Rise +0.29%, Driven by Banking, Industrial Counters

March 25, 2021/InvestmentOne Update ASI as at 12.00pm: +0.29%. Market movers:  STANBIC (+9.91%),  NEIMETH (+9.55%), SOVRENINS (-8.33%)  and NPFMCRFBK (-7.22%) . Sector Performances: Banking (+0.22%),  Industrial (+0.03%), Oil and Gas (-0.45%)  and Consumer Goods. Market activity: In today’s early trade, total volume and  total value decreased by about 70% and 81% […]

Africa Energy Committee to Drive Investment and Deal-Making in the Energy Sector

Russia can play a great role in financing energy projects and gas development in Mozambique, Senegal, Tanzania, Nigeria and other countries March 24, 2021/AEC The inter-party online conference drew attention to the developments of Africa’s energy market, navigating relations on the continent for Russia-Africa partnerships and highlighting the announcement of […]