The credit quality of sovereigns in Sub-Saharan Africa (SSA) over the next 12-18 months will be supported by strong infrastructure investment, structural reforms and competitiveness gains from currency depreciation, says Moody's Investors Service in its latest sovereign outlook for the region.

Nigeria, South Africa, and Kenya are planning to cross-list more exchange-traded funds (ETFs) on their stock markets to boost liquidity of the securities, Tamsin Freemantle, business development manager of the Johannesburg Stock Exchange (JSE) has disclosed.

Growth in sub-Saharan Africa should provide favourable conditions for the region's banks in 2015, despite the decline in commodity prices, says Fitch Ratings. Credit growth is set to expand because there is strong demand for infrastructure financing and the private sector is buoyant. These are likely to offset the threats from weaker commodity prices and heightened political risk and uncertainty.

Visa Inc. (NYSE:V) and Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa, today announced a partnership to bring innovative mobile payment services to seven markets in Africa including Gabon, Ghana, Kenya, Madagascar, Rwanda, Seychelles and Tanzania.