Afreximbank Concludes New U.S.-Billion Three-Year Dual Tranche Syndicated Term Loan Facility, Heralding Increased Investor Confidence in the Bank

Afreximbank Concludes New U.S.$2-Billion Three-Year Dual Tranche Syndicated Term Loan Facility, Heralding Increased Investor Confidence in the Bank

African Export-Import Bank (Afreximbank) has successfully concluded a new three-year Dual Tranche Syndicated Term Loan Facility totaling US$2 billion equivalent (raising US$1.73 billion and €228 million in US$ Facility A and EUR Facility B respectively). Proceeds from the facility, concluded on 9 March 2026, will be used by Afreximbank to refinance existing facilities and for…

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MTN appoints Mutooni as group investor relations exec

MTN appoints Mutooni as group investor relations exec

MTN Group has appointed Roy Mutooni as new executive of group investor relations. MTN Group has appointed Roy Mutooni as new executive of group investor relations, effective 1 April. In a statement, the company says Mutooni brings to MTN more than 20 years of experience in equity research, portfolio management, and value-based strategy across African…

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Coursera to buy Udemy, in which Prosus is an investor

Coursera to buy Udemy, in which Prosus is an investor

Online education platform Coursera will acquire rival Udemy in an all-stock deal, valuing the combined company at US$2.5-billion, as the industry consolidates after a post-pandemic slowdown and heightened investor scrutiny. Udemy shareholders will receive 0.8 shares of Coursera for each held, valuing the company at about $930-million. Coursera shares were up about 4%, while Udemy…

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Afreximbank Concludes New U.S.-Billion Three-Year Dual Tranche Syndicated Term Loan Facility, Heralding Increased Investor Confidence in the Bank

Africa: Stop Exporting Poverty – U.S. Investor Challenges Africa to Industrialise

United States-based investor Dr. Farzam Kalambadi, President of Future Trends Investments Group (USA), has called on African nations to end the practice of exporting raw materials and instead build industries that add value locally — warning that the continent’s wealth will continue to enrich others if it fails to industrialise. Speaking to journalists soon after…

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Bitcoin hits fresh record amid investor optimism

Bitcoin hits fresh record amid investor optimism

Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the US Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset by market capitalisation climbed as much as 0.9% to US$124 002.49 in early Asia trading, surpassing its previous peak hit in July. On the day,…

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