Central bank chief calls for lower South Africa inflation target
Lesetja Kganyago, the governor of South Africa’s central bank, advocates for reducing the inflation target.
Central bank chief calls for lower South Africa inflation target Read More »
central bank
Kenya’s central bank cuts benchmark lending rate
In a bid to support economic recovery, Kenya’s central bank has cut its benchmark lending rate to 12.00%.
Kenya’s central bank cuts benchmark lending rate Read More »
Uganda’s economy faces rising debt risks
Uganda’s foreign exchange reserves have shrunk to a three-month import cover, raising concerns about debt sustainability.
Uganda’s economy faces rising debt risks Read More »
Libya’s oil exports plummet amid political crisis
The National Oil Corporation has declared force majeure on several oilfields and ports.
Libya’s oil exports plummet amid political crisis Read More »
West African central bank holds interest rates steady
The Central Bank of West African States (BCEAO) kept its main lending rate unchanged at 3.5% and maintained its inflation forecast for the region at 3.7% for 2024.
West African central bank holds interest rates steady Read More »
Libya’s oil output at stake as UN mediates central bank dispute
The UN is mediating talks between Libyan factions to resolve a central bank crisis that has halted oil production and threatened stability.
Libya’s oil output at stake as UN mediates central bank dispute Read More »
Eastern Libya’s oil shutdown cuts national production by 63 pct
Libya’s oil production has plummeted due to a blockade imposed by eastern factions demanding the reinstatement of the central bank governor.
Eastern Libya’s oil shutdown cuts national production by 63 pct Read More »
Central Bank optimistic about South Africa’s economic future
South Africa’s central bank governor expresses optimism about the country’s economic future, citing recent progress in addressing the power crisis.
Central Bank optimistic about South Africa’s economic future Read More »
Floods ravage Nigeria, killing 179 and displacing thousands
The devastating floods in Nigeria have caused widespread damage to infrastructure, agriculture, and livelihoods.
Floods ravage Nigeria, killing 179 and displacing thousands Read More »
Egypt inflation slows, but central bank lending to govt surges
Egypt’s central bank has increased its lending to the government, fueling concerns about economic stability and inflation.
Egypt inflation slows, but central bank lending to govt surges Read More »