Exclusive-Brazil’s Lula weighs VP Alckmin as next finance minister to woo centrist voters
Brazilian President Luiz Inacio Lula da Silva is considering tapping Vice President Geraldo Alckmin to be his next finance minister if re-elected, […]
Kenya clears Dangote Refinery GDRs, opening IPO access to local investors
Kenya’s Capital Markets Authority (CMA) has approved a Global Depositary Receipt (GDR) route that will allow eligible local investors to participate in […]
Vietnam’s GDP growth surges to 9.95% in third quarter
Vietnam’s economy grew 9.95% year on year in the third quarter of 2026, its fastest pace of the year so far, the […]
Time for Africa to Be Rated Fairly: Why the Launch of AfCRA Matters for Africa and the World
On 7 October, in Mauritius, Africa takes an important step toward reshaping its relationship with global capital markets. The launch of the […]
African Union to Launch Africa Credit Rating Agency in Mauritius This Week
The African Union is set to formally launch the Africa Credit Rating Agency (AfCRA) in Port Louis, Mauritius, on October 7, establishing a […]
Foxconn Third-Quarter Revenue Soars on AI Demand, Beats Market Forecast
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported on Monday a 47% jump in third-quarter revenue year-on-year that beat market estimates, […]
India’s HDFC Bank falls as investors weigh impact of outsider CEO pick
Shares of HDFC Bank (HDBK.NS) gave up early gains to close lower on Monday as investors weighed the impact of Anup Bagchi’s […]
Diesel Margins Slide as G7 Announces 100 Million Barrel Stocks Release
The G7 announcement of a release of 100 million barrels of crude oil and diesel has pressured down middle distillate refinery margins, […]
Kenya secures new investor for $254.4 million Kitui cement factory, after Dangote’s exit
Kenya has secured a new investor to establish a $254.4 million cement factory in Kitui County, with construction expected to begin in […]
Dangote and Ethiopia Unveil $160 Million Petroleum Pipeline Linking Djibouti and Ethiopia
Dangote Group and Ethiopian Investment Holdings have launched a $160 million petroleum infrastructure project linking Damerjog in Djibouti with Dewele in Ethiopia, creating a new […]
Dangote’s $16bn Kenya refinery faces second legal challenge over state stake
Nigerian billionaire Aliko Dangote’s planned $16bn oil refinery in the Kenyan port town of Lamu faces a second legal challenge after the […]
Trump touts Korea as source of funding for long-desired Alaska gas project
President Donald Trump on Wednesday announced that he had secured a deal with the Republic of Korea to spend $54 billion on […]