Inflation slowdown in Egypt amid economic woes
Egypt’s annual inflation rate slowed to a two-year low of 23.4% in December, according to the state statistics agency.
Inflation slowdown in Egypt amid economic woes Read More »
finance
Nigerian railway project receives $255 million loan
The construction of the Kano-Kaduna railway project in Nigeria has received a significant boost with the release of a $254.76 million loan from China Development Bank.
Nigerian railway project receives $255 million loan Read More »
Nigeria to establish credit guarantee company
President Bola Tinubu announced the establishment of a National Credit Guarantee Company in May to expand credit access for businesses and individuals in Nigeria.
Nigeria to establish credit guarantee company Read More »
Kosmos Energy scraps proposed acquisition of Tullow oil
Kosmos Energy has abandoned its pursuit of acquiring West Africa-focused oil and gas company Tullow Oil.
Kosmos Energy scraps proposed acquisition of Tullow oil Read More »
France signs deal for Zambia’s debt relief
Zambia is nearing the end of its debt restructuring process, paving the way for the country to once again access foreign financing.
France signs deal for Zambia’s debt relief Read More »
Cameroon calls for urgent action to save Central Africa’s economy
The six nations sharing a common currency are struggling to recover from the COVID-19 pandemic and other global shocks, facing issues such as declining oil production, civil conflicts, and heavy debt burdens.
Cameroon calls for urgent action to save Central Africa’s economy Read More »
Egypt to privatize military firms for economic recovery
The move is aimed at attracting investment and boosting the country’s struggling economy.
Egypt to privatize military firms for economic recovery Read More »
North Africa’s first futures market launches in Morocco
The move is expected to enhance risk management tools, attract new investors, and strengthen the country’s capital market.
North Africa’s first futures market launches in Morocco Read More »
South African rand falls amid global market volatility
Global market volatility, triggered by Russia’s updated nuclear policy, led to a weakening of the South African rand
South African rand falls amid global market volatility Read More »
Ghana’s cocoa sector benefits from efficient financing
Ghana’s cocoa sector has seen significant improvements with a new funding model that has eliminated delays in payments to farmers and buyers.
Ghana’s cocoa sector benefits from efficient financing Read More »