As part of moves to restore its economy, Kenya is planning to issue a new Eurobond to manage 2024’s maturity of a Ksh270 billion ($2 billion)...
As the troubles around its electricity sector continue, South Africa’s consumer inflation rose from 7.0% in February to 7.1% year-on-year. It rose from 0.7% to 1.0%...
Tanzania has signed agreements worth $667 million with three Australian companies to mine graphite and rare earth in the East African country. Tanzania’s President, Samia Suluhu...
Uganda’s Ministry of Finance has revealed that the country’s economy grew 6.8% in the first six months of the 2022/23 fiscal year that runs until the...
In Nigeria, airport staff have begun a two-day strike over agitations on working conditions and remuneration, leaving air travellers stranded in the West African country. The...
As part of moves to strengthen its weakened financial position, Kenya’s National Treasury is requesting $1.9 billion in emergency finance from the Bretton Woods institutions and...
The latest data released by the Nigerian Bureau of Statistics (NBS) has shown the country’s annual inflation jumped to 22.04% in March from 21.91% in February....
South Africa’s finance minister, Enoch Godongwana has dismissed fears that the country is at risk of falling into recession amidst its current economic crisis. The country...
The International Monetary Fund (IMF) has revealed that growth in sub-Saharan Africa is expected to slow to 3.6 percent in 2023. The IMF, through its Director...
The head of the International Monetary Fund’s Africa Department, Abebe Aemro Selassie has revealed that Kenya is not expected to seek a restructuring of its debt...