Fitch upgrades Ghana to 'B' ↗
Fitch upgraded Ghana to 'B' with a positive outlook on May 9, 2026.
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Fitch upgraded Ghana to 'B' with a positive outlook on May 9, 2026.
JPMorgan plans to launch a local-currency frontier bond index by the end of September 2026. African markets are expected to account for nearly 45% of the index.
Airtel Money is preparing to list on the London Stock Exchange and aims to raise up to $800 million.
Airtel Money is targeting an $800 million IPO in London, marking the largest since 2021. The move is part of OpenAI's broader plans, with the IPO potentially valued at up to $1 trillion.
The African Union launched the Africa Credit Rating Agency (AfCRA), described as the continent’s first credit rating agency.
By the end of September 2026, JPMorgan will launch GBI-EM Edge, a new benchmark index for local-currency government bonds in emerging markets, focused mainly on Africa.
On August 6, 2026, the Bank of Tanzania announced that it had opened the government securities market to foreign investors. The move removes previous foreign-exchange restrictions and expands access to government bonds and treasury bills.
Tanzania has announced that treasury bills and government bonds are now accessible to all foreign investors. This move aims to attract more international investment into the country. The Bank of Tanzania has maintained interest rates at 5.75% as of October 2, 2025.
Egypt’s Sovereign Fund plans to launch an investment vehicle focused on Africa, targeting banking and non-bank financial services, tourism, healthcare, and education.
The news discusses Egypt's plans to establish a new investment vehicle aimed at Africa, as part of its investment strategy. The document also mentions Egypt's annual inflation rate rising to 13.5% in March, driven by services and energy costs.