Fitch Ratings Projects Nigeria’s External Debt Service to Exceed $5 Billion by 2025
Fitch Ratings projects that Nigeria's external debt service will increase to $5.2 billion in 2025, significantly rising from $1.07 billion...
Companies
Argentina’s Peso Decline Following Eased Currency Controls and IMF Bailout Pursuit
Argentina's peso fell over 11% against the US dollar after Javier Milei's government eased currency controls in pursuit of a...
Argentina Implements Floating Exchange Rate Amid Economic Uncertainty
Argentine President Javier Milei’s recent decision to lift the exchange rate cap aims to stabilize the economy and improve access...
Nigeria’s Dramatic Rise in Debt Servicing to World Bank and IMF in 2024
Nigeria's debt servicing to the World Bank and IMF reached $2.32 billion in 2024, up from $998.92 million in 2023....
Argentina Dismantles Currency Controls Ahead of IMF Agreement Finalization
Argentina is abolishing key currency controls and adjusting the peso's value as it finalizes a $20 billion IMF deal. The...
Nampak Zimbabwe Partners with TSL Amid Economic Challenges
Nampak is selling a 51.43% stake in Nampak Zimbabwe to TSL for $25 million amid difficult economic conditions. The sale...
Noronex Commences Diamond Drilling at Fiesta Copper Project in Namibia
Noronex Ltd. has commenced diamond drilling at the Fiesta Copper Project in Namibia's Kalahari Copper Belt. This project, financed by...
Kenya to Implement Comprehensive Regulation for Cryptocurrency through New Bill
Kenya is set to introduce the Virtual Assets Service Providers Bill, aiming to regulate the cryptocurrency sector by requiring licensing...
Solis Minerals Initiates Drilling at Chancho al Palo Project in Peru
Solis Minerals has initiated drilling at its Chancho al Palo project in Peru, with a 7,500-meter diamond drill program set...
RMB Promotes Investment Opportunities in Nigeria Through High-Level Roadshows
Rand Merchant Bank (RMB) conducted investor roadshows in Abuja, Nigeria, engaging institutional investors and government officials. The discussions focused on...
