The Central Bank of Kenya (CBK) will lift a decade-long moratorium on licensing new commercial banks on July 1, it said on Wednesday. The prohibition was imposed in 2015 against a backdrop of ...

Commonwealth sport has hit the jackpot with seven nations across four continents jostling to host future editions of the Commonwealth Games, as the race for the prestigious centennial 2030 celebration ...

Tesla is one of the largest EV makers in the world, but the company has changed its mission. CEO Elon Musk has invested billions into autonomous cars and humanoid robots - $10 billion into autonomy ...

The World Trade Organization (WTO) warned on Wednesday that the outlook for global trade has “deteriorated sharply” in the ...

Buy interest in ACCESSCORP and UNILEVER are driving a bull run at Nigeria’s equities market despite profit-taking activities ...

Traders at Access Bank say market momentum slowed sharply following the surprise uptick in March inflation data, tempering risk appetite. Meanwhile, investors remain on the sidelines in anticipation ...

Namibia’s central bank held its main interest rate at 6.75% in a decision announced on Wednesday, citing heightened global ...

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. GLOBAL MARKETS Shares fell in Asia on ...

South African pharmacy chain Clicks Group reported a 13.2% rise in half-year profit on Wednesday, helped by a growing market share in core health and beauty categories. Basic headline earnings per ...

The U.K.’s annual inflation rate fell to 2.6% in March, coming in below analyst expectations, according to data released by ...