Culled—Proshare February 27, 2017 Africa Finance Corporation (AFC) has carried out a 150 million US dollar Islamic financing transaction on the Murabaha platform of Nasdaq Dubai, the international financial exchange serving the Middle East and Africa. The transaction was executed to facilitate the issuance by AFC of a 150 million […]
Updates
Fitch Affirms Nigeria’s Lagos State at ‘B+’; Outlook Negative
February 27, 2017/Fitch Ratings Fitch Ratings has affirmed Lagos State’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘B+’ with Negative Outlook and Short-Term Foreign Currency IDR at ‘B’. The National Long-Term Rating has been affirmed at ‘AA+(nga)’, with a Stable Outlook. The ratings on the state’s MTN […]
Cross-border e-commerce considered a growth rocket for Sub Saharan Africa retailers
February 27, 2017/Deutsche Post DHL. Cross-border online retail predicted to grow at twice the rate of domestic e-commerce (CAGR: 25%) until 2020 Retailers can grow 60% faster with a premium service offering DHL Express (www.dpDHL.com), the world’s leading international express services provider, has published research highlighting the significant growth opportunity […]
