Yields on Government of Ghana bonds are expected to surge further as investors perceive the fiscal state of the Ghanaian economy as risky. According to Bloomberg, investors are demanding a …
The elevation of Kenya to the middle-income status saw China lock the country out of a new list of African nations that will receive a Beijing debt relief this year, …
South Africa’s Bureau of Statistics says the country’s inflation rate increased to 7.8 percent in July 2022, up from 7.4 percent in the previous month. The rate is the highest …
The World Bank and the US Export-Import Bank (EximBank) say they will commit over $3 billion to the implementation of Nigeria’s energy transition plan. The international organisations made the commitment …
The Kenya Power and Lighting Company PLC (KPLC) has appointed retired Justice Aaron Ringera as its non-executive director. In a statement released on Wednesday, August 24, the company’s acting secretary …
Bank loan defaults have crossed the half a trillion shilling mark for the first time, setting up thousands of borrowers for property seizures in an economy hit with reduced cash …
The US government is supporting Egypt’s Covid-19 response with $9 million (EGP 173.4 million) in new funding, the United States Agency for International Development (USAID) in Egypt announced in a tweet on …
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …
Online scams involving individuals asking for money in exchange for more recent appointments for Schengen Visa applications are becoming increasingly widespread, according to the Director of Morocco’s Interbank Monetary Center …
Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in value of the cedi to the …
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