Trump tariffs triggers fears of recessions in African economies
Trump tariffs on African economies triggered repercussions particularly on countries reliant on exports to the US. Some of the highest tariffs imposed by Trump administration […]
Finance
Libyan central bank devalues currency by 13.3%
Libya’s central bank announced a 13.3% devaluation of the dinar, the first currency weakening since 2020. The official devaluation brings the exchange rate closer to […]
Democratic Alliance Challenges South Africa’s Budget Process and VAT Hike
South Africa’s opposition Democratic Alliance (DA) party has filed a legal challenge against the country’s budget process, seeking to block a proposed increase in value-added […]
Trump Unveils Sweeping Tariffs, Escalating Global Trade Tensions and Economic Fears
U.S. President Donald Trump has introduced on April 2 a bold set of tariffs, including a 34% levy on imports from China and a 20% […]
Namibia’s Finance Minister Unveils 106.3 Billion Dollar Budget with Focus on Development and Infrastructure
On Thursday March 27, Namibia’s newly appointed Minister of Finance and Social Grants Management, Ericah Shafudah, presented the country’s 2025/26 budget of 106.3 billion Namibian […]
IMF Delays Talks on New Senegal Program Over Economic Data Misreporting
The International Monetary Fund (IMF) announced that discussions on a new economic program for Senegal would be postponed until the Government addresses issues of misreported […]
Kenya Seeks New IMF Loan Agreement After Suspension of Current Program
Kenya has formally requested a new lending program from the International Monetary Fund (IMF), which will incorporate unused funds from the current program, following the […]
Kenya Seeks New IMF Loan Agreement After Suspension of Current Program
Kenya has formally requested a new lending program from the International Monetary Fund (IMF), which will incorporate unused funds from the current program, following the […]
Kenya Partners with India to Combat Certificate Forgery Through Real-Time Document Verification Technology
Kenya has partnered with India to introduce a real-time document verification platform inspired by India’s DigiLocker system, in a move aimed at eliminating certificate forgery. […]
IMF releases $496mln for Morocco under climate-resilience scheme
The International Monetary Fund greenlighted this week the release of $496 million for Morocco under a Resilience and Sustainability Facility (RSF) to help the north […]