Airtel Uganda says its IPO undersubscribed
Airtel Uganda said on Monday its initial public offering got a 54.45% subscription rate for the 800 billion Ugandan shillings ($213 million) worth of...
Africa turns to local borrowing with foreign markets too pricey
There is no place like home for African governments shut out of global debt markets by crises that have made foreign borrowing too expensive.
According...
Africa unlikely to follow East Asia’s manufacturing growth path -study
African countries are less likely to follow East Asia's development model of expanding manufacturing to pull people out of poverty, according to a study...
Ghana loses US$50 billion through capital flight in five decades
Ghana lost US$50 billion between 1970 and 2021 through capital flight, a study by the National Development Planning Commission (NDPC) and the University of...
Zambia announces debt restructuring agreement with bondholders
Zambia's finance ministry said on Thursday it had reached an agreement in principle on debt restructuring terms with a creditor group holding its international...
