S&P lowers Ghana's sovereign rating


Standard & Poor's (S&P) has lowered Ghana's sovereign rating after raising concerns about the "large fiscal deficits" of the country's government.

Fitch upgrades Rwanda and praises "robust" growth


Fitch Ratings has upgraded Rwanda to a B sovereign rating and praised the growth of the country's economy.

End of universal banking 'will help Nigeria's financial sector'


The Central Bank of Nigeria (CBN) Governor has assured financial institutions they will benefit from the end of universal banking in the country.

Rwandan government beats target with treasury bond


A new bond issued by the Rwandan government has raised more than three times the targeted amount.

Ugandan insurance sector 'has to rely on overseas reinsurers'


The Ugandan insurance sector is losing out on billions of shillings every year because the country has no indigenous reinsurance firm.

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