The National Bank of Ethiopia (NBE) raised the minimum paid-up capital of insurance firms by six-fold. The revised ‘Minimum Paid-up Capital for Insurance Company’, which is effective as of September …
Morocco’s central bank, Bank Al-Maghrib (BAM), announced today raising central bank interest rates by 0.50 points to 2%, in response to the lingering supply chain bottleneck and rampant inflation. Following …
Central Bank of Kenya(CBK), the state’s fiscal agent, collected KSh 19,596.80 at the June Treasury Bonds Tap sale out of KSh 25,000 Million on offer against bids worth KSh 15,976.98 Million received, …
The Council of Governors (CoG) on Monday warned of an imminent shutdown in Marsabit after the devolved unit run out of cash. The Governors’ Council demanded an urgent disbursement of …
Kenya has established itself as a market with increased diaspora inflows after a report by global payments company, World remit indicated that it was among the top 3 countries in …
Egyptian Prime Minister Mostafa Madbouli has announced a series of planned privatizations of state-owned companies, as the country struggles with an economic crisis and inflation at almost 15% in April. …