Tuesday, March 28, 2017
Finance

Finance

Looking for up-to-date Business and Financial News in Africa? Footprint2africa offers the most recent Business and financial news in Africa; Business and financial news Africa.  

Gold mine

‘$90m Recorded In Value Of Gold Listed In Forex Reserves In January’

The Central Bank of Egypt (CBE) has revealed that a $90m increase was recorded in the value of gold listed in the foreign exchange reserves in January. It also revealed that reserves amounted to $2.301bn...

Mozido Opens African Headquarters In South Africa

Mozido, digital commerce and payment solutions firm said it has opened its African headquarters in Johannesburg, South Africa to show its commitment to the continent with some of the fastest growing mobile money markets...

M-KOPA Solar Raises $19m Equity Financing

M-KOPA Solar, a pay-as-you-go rooftop solar provider said it has today closed US$19 million financing round led by London-based Generation Investment Management LLP., a fund founded by former US Vice President Al Gore together...

Nigeria’s Travelbeta Raises $2m Seed Fund

Onyeka Akumah led Travelbeta, Nigeria’s version of Expedia said it has raised $2million seed fund in six weeks after launch from a group of Nigerian Investors lead by Altheus Limited and is in talks...
IMF

IMF Lauds Ghana’s Economy Programme, Worried Over Risks

The International Monetary Fund (IMF) has lauded Ghana’s economy ongoing bailout programme, but expressed concern about risks. “Ghana’s economic outlook remains difficult with risks tilted to the downside,” according to the Washington lender. The Executive Board...
global ATM market

‘Global ATM Market To Be Valued At $25Bn By 2022’

The global ATM market is projected to reach a value of $24.92 billion by 2022, according to "ATM Market Analysis by Solution (Managed Services, Deployment) and Segment Forecasts to 2022," a new study by...

Western Union, WeChat Partner

The Western Union Company, the  leading  global payment services, and WeChat, a leading social communication platform owned by Tencent Holdings Limited, has entered into a partnership which gives users of WeChat in the United...

Angola Enters The International Capital Market With $1.5b

Angola has launched sovereign debt bonds in the international market in the form of Eurobonds, amounting to USD $1,500,000,000.00 (one thousand five hundred million US dollars), under the Executive public finance management policy, in...

Chinese Firms Seal U.S $28 Million Chrome Deal In Zimbabwe

Zimbabwe has sealed two deals with Chinese companies running into several millions of dollars for the off-take tantalite and chrome following the lifting of a four-year-old export ban on chrome ore. A Chinese company, CITIC...

South African Firm Invests $150m In Nigeria’s Retail Sector

Resilient Africa, the new investor from South Africa has commited a fresh investment in excess of USD150 million, an equivalent of N29.6 billion to the retail sector of the economy which in the past four to...