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Farooq

Posts Tagged "africa"

HomePosts Tagged "africa"

Oyetunji Abioye Nigeria is the 19th most attractive economy for investments flowing into the African continent, a new report has indicated. The Africa Investment Index 2016 report showed that Nigeria attracted a net Foreign Direct Investment of $3.1bn in 2015. According to the index, African investment destinations attracted an overall FDI of US $13.6bn. Botswana […]

  • dollar to naira

NAIROBI, June 29 (Reuters) – Ghana’s cedi is expected to gain ground against the dollar in the next week to Thursday, while Kenya’s shilling is forecast to weaken, traders said. KENYA The Kenyan shilling is forecast to weaken due to retail merchants and oil importers buying dollars amid weak supply from foreign investors buying government securities, […]

Akinpelu Dada For the African continent to attract the required investment into key sectors and achieve economic integration, the President of the Dangote Group, Aliko Dangote, has urged leaders to review their visa procedures and tariff regimes. The review, according to him, will remove unnecessary barriers to intra-African trade and guarantee real growth and foreign […]

NAIROBI, March 9 (Reuters) – The Kenyan shilling is seen depreciating in the week ahead through next Thursday as hard currency inflows into local debt auctions slows while Ghana’s cedi is seen firming on healthy offshore appetite for the country’s debt. KENYA The Kenya shilling could come under pressure from a potential fall in dollar […]

NAIROBI, Jan 5 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. – – – – – GLOBAL MARKETS Asian stocks rose for an eighth consecutive day on Thursday, buoyed by further gains on Wall Street and an overnight bounce in […]

NAIROBI, Jan 4 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. – – – – – EVENTS: *KENYA – The central bank to auction 182-day and 364-day Treasury bills worth a total 12 billion shillings. *GHANA – Outgoing President John […]

  • niger delta avengers

NAIROBI, Jan 2 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. – – – – – GLOBAL MARKETS The dollar, oil and U.S. stocks slipped on Friday in thin pre-holiday trading on the last trading day of 2016, but ended […]

NAIROBI, Dec 30 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. – – – – – EVENTS: *NIGERIA – The central bank to release its latest figures on the state of its foreign exchange reserves. *UGANDA – The statistics office […]

NAIROBI, Dec 29 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. – – – – – EVENTS: *KENYA – The central bank auctions 91-day Treasury bills worth a total 4 billion shillings. GLOBAL MARKETS Asian shares slipped on Thursday after […]

Dec 23 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. – – – – – EVENTS: * Mauritius releases Q3 growth figures and updates 2016 and 2017 growth forecasts GLOBAL MARKETS Asian stocks stepped back in subdued trade on Friday […]