As southern Africa experiences its worst regional drought in decades, Malawi lowered its growth projections for this year and next at a mid-term budget review on...
In Ivory Coast, the world’s largest cocoa producer, multinational cocoa exporters are concerned that farmers may cut back on supply in the upcoming months due to...
As inflation in the southern African nation continued to decline, Namibia’s central bank lowered its main interest rate on Wednesday for the third consecutive month. Following...
The third assessment of Ghana’s $3 billion credit package has been authorised by the International Monetary Fund (IMF), allowing for an immediate payout of around $360...
According to a local purchasing managers’ index (PMI) survey, industrial activity in South Africa decreased in November as a result of unstable market circumstances. The South...
As inflation remains low in southern African Mozambique, its central bank has lowered its main interest rate by 75 basis points, the sixth straight drop. Mozambique’s...
The state-owned New Vision newspaper has reported that offshore hackers had stolen 62 billion Ugandan shillings ($16.8 million) from Uganda’s central bank. Earlier this month, the...
Angola’s foreign sovereign bonds fell after its finance minister announced on Tuesday that it was not in negotiations with the International Monetary Fund (IMF) on a...
In Nigeria, 25 state governments will benefit from the $500m World Bank loan to strengthen hydropower and irrigation water resource management. The Federal Ministry of Water...
Nigeria’s central bank hiked its benchmark interest rate for the sixth time this year on Tuesday, citing inflationary and currency rate pressures in Africa’s most populous...