🎙Airtel Uganda Ltd raised 211.4 billion shillings ($56 million) after selling 54.5% of the 8 billion shares in its IPO.
🎙 Zambia's central bank raised the ratio of deposits, both local and foreign by 3% points to 14.5%.
🎙Gross foreign exchange reserves in South Africa decreased further to $60.962 billion in October 2023 from $61.131 billion.Â
🎙EY's 11th Africa Attractiveness Report reveals that clean technology fueled a 64% surge in FDI, with 733 projects worth $194 billion and 154,000 jobs created in Africa.
🎙The World Travel & Tourism Council (WTTC) estimates that the African travel and tourism sector could add $ 168 billion to the continent’s economy and create more than 18 million new jobs.
