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Finance

Bank of Ghana Cuts Policy Rate by 250 Basis Points as Inflation Eases

January 31, 2026 Steven Addamah 0

Ghana’s central bank on Wednesday announced a further 250-basis-point reduction in its benchmark lending rate to 15.5 percent, aiming to support economic growth after inflation […]

Mozambique Cuts Policy Rate as Inflation Hits 13-Month Low

January 31, 2026 Steven Addamah 0

Mozambique’s Central bank on Wednesday reduced its main interest rate by 25 basis points to 9.25 percent, marking a second consecutive cut following a similar […]

Zambia Concludes IMF Programme, Signals Shift to Growth-Oriented Reforms

January 31, 2026 Khalid Al Mouahidi 0

On Wednesday, the Zambian Government welcomed the conclusion of the IMF-supported Extended Credit Facility programme following the approval of the sixth and final review by […]

Kenya: Moody’s Upgrades Kenya’s Credit Rating, Citing Improved Liquidity and Lower Default Risk

January 30, 2026 Steven Addamah 0

Global ratings agency Moody’s upgraded Kenya’s sovereign credit rating to B3 from Caa1 and revised the outlook to stable, citing a significant reduction in near-term […]

Ghana: Mahama Expresses Surprise at Rapid Recovery of Ghana’s Economy

January 26, 2026 Steven Addamah 0

President John Dramani Mahama has expressed astonishment at the swift turnaround of Ghana’s economy, describing the pace of recovery as far exceeding both his expectations […]

African Union raises concerns over US withdrawal from UN funding

January 13, 2026 Steven Addamah 0

The African Union has expressed concern following a decision by the United States to halt funding and participation in several United Nations entities, warning that […]

MOROCCO AI STRATEGY TARGETS $10 BILLION GDP BOOST BY 2030

January 13, 2026 Khalid Al Mouahidi 0

Morocco has launched its IA strategy 2030 aimed at leveraging artificial intelligence to modernize public services, improve efficiency, security and digital system interoperability as this […]

Ethiopia’s International Bond Gains After Preliminary Restructuring Deal

January 6, 2026 Steven Addamah 0

Ethiopia’s sole international bond rose on Monday, trading at 109.5 cents on the dollar, following the government’s announcement of a preliminary restructuring agreement with bondholders, […]

Sonko Flags Hidden Debt Risks as Senegal’s Public Liabilities Surge Beyond GDP

January 2, 2026 Geraldine Boechat 0

Speaking in Passi on Thursday, 01 January 2026, during the closing of a 72-hour cultural and sporting event, Senegal’s Prime Minister Ousmane Sonko disclosed that […]

Angolan Finance Minister Vows Enhanced Spending Quality and Stronger Revenue Stability for 2026 Budget Framework

December 29, 2025 Steven Addamah 0

Angola’s Finance Minister, Vera Daves, outlined during a press briefing held over the week-end after the presentation of year-end greetings to the Angolan President strategic […]

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