Markets
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Egypt Hikes Benchmark Lending Rate After Deal with IMF
Egypt raised interest rates for the first time since August, breaking expectations with a move that might speed up progress…
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How Dr. James Mwangi of Equity Made Ksh.492.07 Million in January 2024
Equity Group Managing Director and CEO Dr. James Mwangi, one of the wealthiest individuals on Nairobi Securities Exchange (NSE) has…
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Why PayPal is Laying Off its 2,000 Employees
PayPal announced on Tuesday it will lay off about 2,000 employees, or 9% of its total workforce, as part of…
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Air France Continues to Elevate Customer Experience with Persistent Excellence in Services and Innovation
Air France is strengthening its commitment to delivering top-notch service and connectivity across Africa. The company said it will continue…
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List of Dominating Pay-TV in Tanzania
Azam TV has made strides in Tanzania, challenging major Pay-TV industry players such as DStv, a company with a pan-African…
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Strong Economic Data Boosts Bullish Sentiment in Oil Markets
The stronger-than-expected performance of the US economy has boosted oil prices to their highest level this year, not many analysts…
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Ivory Coast Raises $8 Billion in Oversubscribed $2.6 Billion Bond Offering
Ivory Coast has made comeback to the international bond market, issuing its first dollar bonds since 2017 and managed to…
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Oil Losses Drag as Brent Crude Goes for $78 per barrel
An initial assessment of oil prices on Monday, Jan 22, revealed that the price of Brent crude was $78.47 per…
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Kenya overtakes Nigeria in Startup Funding with $800 Million Raised
Kenya surpassed Nigeria as the top destination for startup funding in Africa in 2023, with about $800 million raised by…
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Nigeria Grappling With Forex Shortage to Clear Backlog – Fitch
Fitch announced Thursday that the Central Bank of Nigeria (CBN) is still grappling with a foreign exchange shortage needed to…
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