Helen Williams

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S&P Global to Acquire Majority Stake in Agusto & Co to Expand African Credit Ratings Business

S&P Global has agreed to acquire a majority stake in Agusto & Co, one of Africa’s leading indigenous credit rating agencies, in a strategic...

Dangote to Donate One Third of Fortune as Family Backs Long Term Succession Plan

Africa’s richest man, Aliko Dangote, plans to dedicate one third of his personal fortune to charitable causes, with his family publicly supporting the commitment...

South Africa Adds Angolan Kwanza to Regional Payment System in Boost for Cross Border Trade

South Africa has introduced the Angolan kwanza as a settlement currency in the Southern African Development Community Real Time Gross Settlement (SADC RTGS) system,...

Vodafone Beats Revenue Estimates as Germany Returns to Growth

Vodafone Group reported first quarter results that exceeded market expectations, driven by stronger service revenue growth in Germany and continued momentum across its African...

Ecuador–Canada Trade Deal to Make 99.6% of Exports Tariff-Free

Ecuador and Canada have signed a landmark Free Trade Agreement (FTA) that will allow 99.6% of Ecuador’s exportable goods to enter the Canadian market...

Ethio Telecom Earnings Jump 47.5% to 92.9 Billion Birr on Subscriber Growth

Ethio Telecom, Ethiopia’s state-owned telecommunications operator, has reported a 47.5% increase in earnings before interest and taxes (EBIT) to 92.9 billion birr ($581.3 million)...

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