S&P Global Buys Control of a Pan-African Rating Agency
African credit ratings gain a global owner as S&P Global takes a majority stake in Agusto & Co., the Lagos...
July 30, 2026Africa’s capital markets are deepening fast – from the Johannesburg, Nairobi and Lagos exchanges to a fintech boom banking hundreds of millions of people for the first time. The Rio Times follows the currencies (the rand, naira, cedi and shilling), the banks and IPOs, sovereign debt and the foreign capital arriving on increasingly local terms. We cover it through the same investor lens we bring to Latin America, where the emerging-market playbook is strikingly similar. This hub gathers our Africa markets and investment coverage.
African credit ratings gain a global owner as S&P Global takes a majority stake in Agusto & Co., the Lagos...
July 30, 2026
Six São Tomé roças — the cocoa and coffee estates built on forced labour — are now UNESCO World Heritage,...
July 30, 2026
The BOAD Samurai bond raised about US$153 million in two yen tranches, the first unguaranteed public Samurai issue by a...
July 30, 2026
The Atlantic Africa Gas Pipeline has opened financing talks with US EXIM and the World Bank, a week after ECOWAS...
July 30, 2026
Angola signed a US$21 million deal for feasibility studies of a 1,300-km West-East highway linking Lobito port toward the DRC...
July 30, 2026
The Mozambique card payment limit caps overseas card spending at 6 million meticais (US$94,000) a year per holder as the...
July 30, 2026
Ethiopia has built seven textile industrial parks, with nine more planned, as Chinese firms finance and operate most of them...
July 30, 2026
The Ghana debt distress upgrade: the IMF moved the country to moderate risk and released a final US$371 million, closing...
July 30, 2026
The Senegal FDI collapse saw inflows sink to US$337 million in 2025, a near-90% drop, as a hidden-debt scandal and...
July 30, 2026