Moody’s Cuts Senegal to Caa2 as Debt Nears 108% of GDP
The Senegal credit rating is now Caa2, after a Moody's downgrade citing public debt near 108% of GDP and interest...
September 1, 2026Topic
frontier markets
Kenya Overtakes Nigeria as Africa’s Biggest Market for Deals
The Kenya M&A market jumped 670.5% to US$1.44bn in H1 2026 while Nigeria's fell 88.9% to US$105.8m, on new DealMakers...
September 1, 2026
Ethiopia’s Currency Auction Went From 28 Bidders to Five in Two Weeks
The Ethiopia forex auction drew 28 banks on 12 August and only five on 26 August, with total bids down...
September 1, 2026
Angola’s Economy Grew 8.74% in Q2, With Diamonds Out Front
Angola GDP growth reached 8.74% year on year in the second quarter of 2026, with the non-oil economy up 9.24%...
August 29, 2026
Nigeria Is Back in the FTSE Frontier Index, Three Years On
Nigeria frontier market status returns on 21 September after FTSE Russell cleared the settlement cycle, three years after the country...
August 28, 2026
Ghana’s Petrosol Bond Is 1.8 Times Oversubscribed as Bids Reach GH¢178m (US$15.9m)
A Ghana corporate bond from fuel retailer Petrosol closed 178 percent subscribed, drawing GH¢178.07m (US$15.9m) of bids against a GH¢100m...
August 27, 2026
Foreigners Are Just 5.6% of Nigeria’s Record Stock Rally
Foreign investors were 5.60% of Nigeria stock market trades in July 2026, the year's low, while the index rose 53.81%...
August 25, 2026
West Africa’s Shared Stock Market Just Passed US$35 Billion for the First Time
The BRVM crossed 20 trillion CFA francs, about US$35.7bn, on 20 August 2026, after a rally of more than 50%...
August 21, 2026
Central Africa Licences Its First Credit Rating Agency
The CEMAC credit rating licence went to Geneva Investment Corporation on 7 August. It is the first ever granted in...
August 20, 2026