Rwanda raises key interest rate to 8.25% as inflation surges
The Monetary Policy Committee of the National Bank of Rwanda has increased the Central bank rate by 100 basis points to 8.25 per cent, citing […]
Finance
Angola raises US$1.5 billion in return to Eurobond market amid strong investor demand
Angola has returned to the international capital markets with a US$1.5 billion Eurobond issuance, marking its second sovereign debt operation this year, the Ministry of […]
Angola Reclaims Position as Sub-Saharan Africa’s Third Largest Economy – IMF
Angola has regained its status as the third-largest economy in Sub-Saharan Africa, according to the International Monetary Fund’s latest 2026 economic outlook report, authorities disclosed […]
Civil society group urges Nigeria’s Accountant General to review centralised payment system
A civil society organization in Nigeria has called on the Office of the Accountant General of the Federation (OAGF) to review the centralised payment structure […]
IMF urges Zambia to restore fuel import reforms amid inflation and global uncertainty
The International Monetary Fund has urged Zambia to carefully manage its monetary policy and restore fuel sector reforms amid rising inflation risks and growing global […]
Mozambique’s foreign direct investment surges 60.2% to $5.6bn in 2025
Mozambique recorded 5.6 billion U.S. dollars in foreign direct investment (FDI) in 2025, representing a 60.2 per cent increase, according to a report released by […]
South Africa Secures $150 Million OPEC Fund Loan for Infrastructure Reforms
South Africa has secured a 150-million-U.S.-dollar development policy loan from the OPEC Fund for International Development to support infrastructure reforms aimed at boosting economic growth […]
IMF Reaches Staff-Level Agreement with Tanzania for US$375.5 Million Financing Under ECF and RSF Reviews
The International Monetary Fund (IMF) has reached a staff-level agreement with Tanzanian authorities on the final reviews of the Extended Credit Facility (ECF) and the […]
IMF Urges Angola to Exercise Caution Over Oil Windfall Spending
The IMF (International Monetary Fund) has advised Angola and other oil-exporting countries in Sub-Saharan Africa to manage extraordinary oil revenues cautiously amid global economic uncertainty. […]
African finance leaders meet in Addis Ababa over rising debt pressures
Ethiopia has launched the Second African Forum on Sovereign Finance in Addis Ababa, bringing together policymakers, financial experts and investors to tackle growing debt vulnerabilities […]