Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso, raised its monetary policy rate by 200 basis points …
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Africa News
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Africa NewsFeature
Ghana to expedite discussions on debt restructuring – minister
by Aya Anwarby Aya AnwarGhana’s Finance Minister Mohammed Amin Adam expressed the government’s desire to expedite discussions on debt restructuring on …
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Africa NewsFeature
China to continue co-operation to facilitate Zambia’s debt restructuring
by Aya Anwarby Aya AnwarChina will continue cooperating with all sides to advance Zambia’s debt restructuring, a foreign ministry spokesperson stated.
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Africa NewsFeature
AFC raises $1.16b syndicated loan to close Africa infrastructure gap
by Aya Anwarby Aya AnwarAFC, the main provider of infrastructure solutions in Africa, has closed its largest-ever debt facility, a $1.16 …
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Nigeria’s taxation authority has lodged allegations of tax evasion against the cryptocurrency platform Binance.
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Africa NewsFeature
Nigeria food bank faces dwindling supplies as inflation skyrockets
by Aya Anwarby Aya AnwarThe Lagos Food Bank, vital for residents, faces dwindling supplies as inflation skyrockets in Nigeria as President …
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Africa NewsBanksFeatureInternational NewsMoneyNews
British lender announces $100m financing pact for Africa
by Aya Anwarby Aya AnwarBritish International Investment, a development lender, announced a $100 million financing agreement with TDB.
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Africa NewsFeature
Senegal international bonds fall amid early results of presidential election
by Aya Anwarby Aya AnwarThe international bonds of Senegal saw a decline on Monday, as opposition candidate Bassirou Diomaye Faye took …
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Kenya’s economy is anticipated to achieve a growth rate of 6.3 per cent this year, surpassing the …
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South Africa witnessed in February a rise in consumer inflation for the second consecutive month, reaching 5.6 …