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Finance

Kenya Partners with India to Combat Certificate Forgery Through Real-Time Document Verification Technology

March 22, 2025 Steven Addamah 0

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

March 21, 2025 Khalid Al Mouahidi 0

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 […]

Sudan’s Inflation Rate Drops Slightly in February Amid Ongoing Economic Struggles

March 19, 2025 Pawla Nibramich 0

Sudan’s inflation rate saw a slight decline in February 2025, dropping by just under 3% to 142.34%, down from 145.14% in January, according to the […]

Morocco’s central bank makes second consecutive cut in key rate to 2.25%

March 18, 2025 Khalid Al Mouahidi 0

Morocco’s central bank continues its monetary easing policy cutting the benchmark interest rate by 25 basis points to 2.25%, the second consecutive reduction to bolster […]

IMF Receives Formal Request for New Financing Programme from Kenya

March 17, 2025 Steven Addamah 0

The International Monetary Fund (IMF) has confirmed that it has received a formal request from Kenyan authorities for a new financing programme and will engage […]

Africa’s CDC warns of impact of US funding cuts on continent

March 17, 2025 Pawla Nibramich 0

US aid cuts would harm Africa’s efforts to counter disease outbreaks and would leave many health systems in the continent in disarray, head of the […]

Egypt: C3 Capital Fund 1 Launched to Boost Liquidity and Growth in Capital Markets

March 14, 2025 Khalid Al Mouahidi 0

In a pioneering move for Egypt’s financial landscape, Compass Capital and CI Capital have joined forces to establish the country’s first onshore private equity fund, […]

Ghana Cancels COVID-Era Taxes, Raising Concerns Over Fiscal Sustainability Amid Ongoing Economic Crisis

March 12, 2025 Pawla Nibramich 0

Ghana’s new Government has announced the removal of several COVID-era taxes, which were introduced as part of an effort to secure financing from the International […]

Bank of Cape Verde raises main interest rates by 25 basis points

March 3, 2025 Steven Addamah 0

On March 1, the Bank of Cabo Verde (BCV) announced an increase in its key interest rates, raising them by 25 basis points. This adjustment, […]

Nigeria’s Economy Sees Strongest Growth in Three Years in Q4 2024

February 26, 2025 Steven Addamah 0

Nigeria’s economy experienced its fastest growth in three years during the fourth quarter of 2024, with a year-on-year increase of 3.84%. This marked a significant […]

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