BRICS shrugs Trump’s repeated 100% tariff threat to dissuade the bloc from replacing US dollar
US president Donald Trump has issued yet another stern warning to the BRICS nations in the face of their continued push to introduce an alternative […]
Finance
Egypt to Raise $2bn Through International Bond Issuance in next February
In a move to strengthen its financial position, Egypt is set to raise up to $40 billion through its global medium-term note programme. As part […]
African Development Bank’s New Refinancing Facility Set to Support Struggling Nations
The African Development Bank (AfDB) is poised to launch a regional refinancing facility aimed at assisting African nations burdened with maturing international bonds, according to […]
Uganda Unveils 2025/2026 Financial Year Resource Envelope worth of over USh57 trillion
The Ministry of Finance, Planning, and Economic Development has announced on January 28 the projected resource envelope for the 2025/2026 financial year, which is set […]
Ghana to Launch Gold Board to Boost Earnings and Curb Smuggling
Ghana is set to establish a Gold Board to better regulate gold purchases from small-scale miners, aiming to increase national earnings and reduce smuggling. Announced […]
Nigeria’s Central Bank Projects 4.17% GDP Growth in 2025, Inflation to Ease
Nigeria’s Central Bank expects the economy to grow by 4.17% in 2025, driven by ongoing reforms and stabilising inflation, Governor Olayemi Cardoso stated on Thursday […]
Angola’s Central Bank Keeps Interest Rate Steady as Inflation Eases Slightly
On January 21, Angola’s Central Bank decided to keep its main interest rate unchanged at 19.50%, marking the fourth consecutive meeting in which the rate […]
Rand Weakens against Strong Dollar amid Trump’s Policy Shifts
South Africa’s rand weakened against a strong dollar on Tuesday January 21, following U.S. President Donald Trump’s announcement of a series of policy changes after […]
West Africa’s BRVM Stock Exchange hits record high of 20,6 trillion CFA Francs in 2024
The BRVM stock exchange in West Africa reached a record total value of 20.6 trillion CFA francs ($ 32 billion) in 2024, driven by strong […]
Nigeria’s Inflation Rate Climbs Again, Marking Fourth Consecutive Monthly Rise
Nigeria’s inflation rate has increased for the fourth month in a row, reaching 34.80 percent in December, according to figures released by the country’s statistics […]