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LATEST ON MARKETS

Fitch Downgrades Nigeria's Diamond Bank to 'CCC'

10 December, 2018 Nigerian Stock Exchange
Fitch Ratings has downgraded Diamond Bank Plc's (NGSE:DIAMONDBNK) Long-Term Issuer Default Rating (IDR) to 'CCC' from 'B-' and Short-Term IDR to 'C'…

NIC stock rises 32% after news of merger talks with CBA

08 December, 2018 Nairobi Securities Exchange
NIC Bank (NSE:NICB) shares jumped 32 percent on news of merger talks with Commercial Bank of Africa (CBA), raising the mid-tier lender's shareholder…

LATEST REGIONAL NEWS

Mozambique: Central Bank cuts rate for the 9th time as inflation decelerates

14 December, 2018 Mozambique
Mozambique's central bank lowered its monetary policy rate for the ninth time as inflation continues to decelerate, the…

Namibia: Bank Windhoek issues first Green Bond

06 December, 2018 Namibia
Bank Windhoek, a wholly Namibian-owned commercial bank, reached a milestone on Wednesday, 5 December 2018 when it…

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