Cameroon to cut fuel subsidies, raising prices
The move is in line with IMF recommendations but may negatively impact consumers.
Cameroon to cut fuel subsidies, raising prices Read More »
Inflation
Ghana’s economic crisis looms over elections
Economic hardship and debt crisis dominate discussions as Ghana heads to elections in December.
Ghana’s economic crisis looms over elections Read More »
South Africa cuts rates despite mixed data
Despite lower inflation, the South African Reserve Bank took a measured step, lowering rates by 0.25%.
South Africa cuts rates despite mixed data Read More »
Central bank chief pledges to tackle Nigeria’s inflation
Olayemi Cardoso, the head of Nigeria’s central bank, has assured investors that the bank is taking steps to stabilize the currency and improve access to foreign exchange.
Central bank chief pledges to tackle Nigeria’s inflation Read More »
Another fuel price hike in Egypt: Impact on living costs
The Egyptian government has implemented another fuel price hike, which is expected to have a significant impact on the cost of goods and services.
Another fuel price hike in Egypt: Impact on living costs Read More »
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 »
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 »
Economic struggles fuel anger as Nigeria marks independence
Clashes erupted as demonstrators demanded a better future.
Economic struggles fuel anger as Nigeria marks independence 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 »
Algerians show little enthusiasm for presidential election
As Algeria heads into its presidential election, widespread voter apathy and economic troubles overshadow the campaign.
Algerians show little enthusiasm for presidential election Read More »