LOME, Togo, November 26, 2014/ -- As part of the implementation of its annual bond issue program, the West African Development Bank (BOAD) (http://www.boad.org) is launching a bond loan issue of FCFA 40 billion through a public offering from 1 to 19…
Qatar National Bank (QNB) has acquired a further 11 percent stake in pan-African lender Ecobank Transnational Incorporated in a deal worth $283 million, the Qatari lender said in a statement on Monday.
Kenya's energy regulator has cut retail prices of diesel, petrol and kerosene to reflect lower import costs, in a move likely to temper rising inflation.
Robusta coffee exports from Cameroon rose to 14,094 tonnes by end-July since the start of the 2013/14 season on December 1, versus 12,495 tonnes for the same period of the previous season, data from the National Cocoa and Coffee Board (NCCB) showed.
Kenya's debut $2 billion Eurobond pushed its total public debt to 57 percent of gross domestic product (GDP) at the end of June, up from 51.7 percent a year earlier, the Treasury said.
Zimbabwe has set up an asset management company to buy non-performing loans from banks, the central bank governor said on Tuesday, a move designed to restore stability to a sector stung by rising bad debts.