The Egyptian government has received a big boost after it sold $1.5 billion of 10-year bonds at a yield of 6% with lead managers claiming that $4.5 billion of investor orders were attracted by the bond issuance. The success of this first international bond issuance under Sisi’s government shows signs of a return to normality […]
Ivorian president has announced the withdrawal of French troops from the country’s territory in January, becoming the latest African nation to weaken military ties with its former colonial master. President Alassane Ouattara of Côte d’Ivoire said in his end-of-year speech on Tuesday (31 December) that the French military would hand over control of its Port […]
Kenya’s President William Ruto has called on African leaders to take first steps towards ditching the US dollar as the world’s reserve currency by adopting a pan-African payments system to facilitate trade within the continent. Ruto has urged his African counterparts to mobilize central and commercial banks to join the Pan-African Payments and Settlement System […]
