Tag: African markets

Zimbabwe launches new ZiG banknotes to rebuild trust in local currency

Zimbabwe launches new banknotes to restore trust in local currency

Zimbabwe has launched a new series of banknotes, part of a fresh effort to rebuild confidence in its local currency after years of economic instability. Authorities say the move is aimed at encouraging wider use of the Zimbabwe Gold (ZiG) and easing the country’s heavy reliance on the U.S. dollar. The rollout, announced Tuesday, marks another step in a broader…

Oluwatosin Alao April 8, 2026

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Zimbabwe’s FMHL targets Southern Africa expansion push

FMHL accelerates regional push, targeting digital transformation and insurance market expansion in Southern Africa

Timilehin Adejumobi April 3, 2026

Senegal raises $537 million in bond sale, strong demand eases debt concerns

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Senegal raises $537 million in bond sale, signaling strong investor demand

Senegal raised 304.15 billion CFA francs ($537.6 million) in its first sovereign bond sale of 2026, beating its target by a wide margin and pointing to steady demand for African debt. The result gives the government short-term breathing room as it faces tighter conditions in global markets. The sale drew strong interest from both institutional and retail investors, coming in…

Oluwatosin Alao March 30, 2026

Beltone Holding Baobab Aquisition Agreement Signing Event

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Beltone expands global reach with $235 million Baobab acquisition

Egyptian Beltone buys Baobab, expanding tech-driven financial services continentwide.

Timilehin Adejumobi February 11, 2026

Business Hot News

Top 10 most valuable stocks on Dar es Salaam Stock Exchange

Tanzania’s top 10 most valuable stocks on the DSE span banking, telecom, and consumer goods, offering strong market positions and compelling investment opportunities.