Egypt: Reforms Open Window for New Investment

The current economic reforms in Egypt, in particular the draft investment law and the floatation of the pound, herald a new era for the country and present the time for…

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Why Nigeria was left with little choice but to do a $1 billion eurobond deal – Feyi Fawehinmi

And so it was that, after a four-year hiatus, Nigeria returned to the Eurobond market with a $1 billion offering that ended up being almost eight times oversubscribed after a…

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Nigeria to Start Bond Roadshow, Seek Loan From World Bank

Nigeria will soon meet investors before a Eurobond sale and plans to apply for a $1 billion loan from the World Bank once lawmakers approve this year’s budget, Finance Minister…

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Nigeria’s recession ends in 2017- World Bank Report

The World Bank has predicted that Nigeria will get out of recession and grow its Gross Domestic Product by one per cent this year after plunging into its worst recession…

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…Expect taxes cut and revamped economy, Akufa-Addo promised

Ghana’s new President Nana Akufo-Addo pledged to cut taxes to boost the economy at his swearing in ceremony on Saturday, whilst also promising to protect the public purse by getting…

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INTERVIEW-IMF urges African Countries to cut deficits as growth grinds lower

African exporters of oil and commodities should remove subsidies and boost taxes to weather their slowest growth in more than two decades, the International Monetary Fund said on Tuesday. The…

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Nigeria in Talks With ICD About Sukuk Deal, CEO Al-Aboodi Says

Nigeria is in talks with the investment arm of Saudi Arabia-based Islamic Development Bank about issuing the country’s first sukuk. “We are engaged in discussions with Nigeria,” Khaled al-Aboodi, chief…

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Nigeria’s economic challanges create difficulties for its neighbours – IMF

The International Monetary Fund (IMF) has declared that Nigeria is creating economic difficulty for its neighbours, being a very important of economy in the west African region. While speaking at…

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