Commercial banks in Kenya are reducing their lending rates, following recent moves by the Central Bank of Kenya (CBK) to ease its monetary policy in an effort to boost private …
Veteran Asia-Pacific investor and founder of the Research Alpha fund, Michael McGaughy, has praised the economic reforms introduced by the Central Bank of Nigeria and President Bola Tinubu’s administration, describing …
United States President Donald Trump is set to host the leaders of five African countries at the White House next week for high-level discussions on trade and investment, but Africa’s …
In a sharp reversal of roles, several countries that are traditional allies of the United States, including Australia, Canada, the United Kingdom, and New Zealand, have issued travel advisories warning …
The Ministry of Energy has begun taking initial steps to implement President Samia Suluhu Hassan’s directive to introduce nuclear energy as part of Tanzania’s long-term plan for electricity generation. The …
The Nigerian oil and gas industry is battling serious investment and operational setbacks caused by excessive bureaucracy and a complex regulatory framework, according to Neconde Energy Limited, one of the …
South African analysts, business leaders, and trade unions have lowered their inflation expectations for the coming years, according to the latest survey released on Wednesday. This shift could encourage the …
East African countries are gradually shifting their foreign exchange (FX) reserve strategies by adding more gold, a move aimed at reducing dependence on the U.S. dollar and protecting their economies …
South Africa’s financial markets showed signs of renewed strength on Tuesday, as the rand firmed and government bonds rallied, supported by growing investor optimism that the country could be moving …
Uganda’s Ministry of Energy has announced a new fuel policy that will require all petrol sold in the country to be blended with locally produced ethanol starting January 2025, a …