Kenya’s private sector saw a slight contraction in March, attributed to cashflow issues at some businesses.
Category:
Africa News
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Tanzania’s Monetary Policy Committee (MPC) increased the central bank rate (CBR) from 5.5 per cent to 6 …
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Kenya’s central bank decided to maintain its benchmark lending rate at 13.0 per cent on Wednesday, as …
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Africa NewsBanksFeatureMoney
Zambia in talks to restructure $3.3b of commercial debt
by Aya Anwarby Aya AnwarZambia is in talks to restructure $3.3 billion of commercial debt, following a recent agreement with overseas …
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Adenia Partners Ltd., a private equity firm, has secured its largest Africa-focused fund, amassing $470 million, with …
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Manufacturing activity in South Africa declined in March, as indicated by the Purchasing Managers’ Index (PMI).
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Africa NewsEnergyFeatureInternational NewsNews
China holds key to Africa’s green revolution
by Aya El Sayedby Aya El SayedChina, Africa’s main trade partner, has the potential to lead Africa’s energy revolution but must first address …
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Africa NewsFeature
S. Africa’s producer price inflation down to 4.5% in Feb
by Aya Anwarby Aya AnwarSouth Africa’s annual producer price inflation for final manufacturing stood at 4.5 per cent in February 2024.
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Africa NewsEnergyFeature
Uganda to import petroleum products via Kenya’s Mombasa port
by Aya Anwarby Aya AnwarKenya will enable Uganda’s state oil firm to import petroleum products through its Mombasa port, Reuters reported …
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Africa NewsBanksEnergyFeatureIndustry & TradeMoney
Africa Energy Bank to start operating in ’24
by Aya Anwarby Aya AnwarThe proposed Africa Energy Bank, focusing on oil and gas investments continent-wide, plans to commence operations later …