Ethiopia: Ethio Telecom to Become First Company Listed On New Stock Exchange
TLDR Ethio Telecom to be the first company to list on Ethiopia's new stock market, selling a 10% stake as ...
Tag: exchange
The International Monetary Fund (IMF) announces that the adoption of a floating exchange rate regime that Ethiopia introduced on July 29 is advancing well.
Ten percent of the USD 3.4 billion that the IMF demonstrated through the Extended Credit Facility (ECF) instrument would be ...
Nigerian Breweries Turns to Heineken to Clear Heavy Foreign Exchange Overdue
Part of the cash is to help cut its local loan exposure of N550 billion. "This will lead to reduced ...
Nigeria: Dangote Refinery ‘Ll Boost Nigeria’s Economy, Eliminate Scarcity, Conserve Foreign Exchange – Abiodun
Ogun State Governor, Dapo Abiodun on Tuesday said the commencement of fuel production by the Dangote refinery will strengthen the ...
Securities Exchange Nears Launch with Advanced Trading Platform
Ethiopian Securities Exchange (ESX) is on track to launch its real-time trading platform in the coming months, marking a momentous ...
Malawi: Good News – Foreign Exchange Improves Tremendously in April
Malawi's total economy foreign exchange reserves improved in April this year from $545.7 million (2.2 months of imports) in March ...
ZamZam Bank Joins Commodity Exchange Payment System
The pioneering full-fledged interest-free commercial bank, ZamZam Bank, has become the 24th financial institution to join the Ethiopian Commodity Exchange’s ...
Amhara Bank Leads Charge in Exchange Investment
Amhara Bank has emerged as a major player in the development of the stock exchange, acquiring a significant stake worth ...
Namibia: FNB’s Exchange Traded Note Opens Offshore Investing to Namibians
FNB Namibia launched its Exchange Traded Note (ETN) this week, which the bank said will allow Namibians to participate and ...
Africa’s New Online Foreign Exchange System Will Enable Cross-Border Payments in Local Currencies – What You Need to Know
The high cost of making cross border payments on the African continent has driven governments on the continent to seek ...
