World Bank lowers Kenya’s 2026 growth forecast to 4.3% amid global uncertainty
The World Bank has revised Kenya’s economic growth forecast for 2026 to 4.3%, down from its November projection, citing the economic impact of the US-Israeli […]
Finance
African Development Bank Approves €205 Million Loan for Morocco’s Rail Network
The African Development Bank’s board of directors has approved a new €205 million loan to Morocco, earmarked for the Railway Infrastructure Development Support Project. The […]
Ethiopia created over 5.5 million jobs in 2025/26 fiscal year – Abiy Ahmed
Prime minister Abiy Ahmed on Tuesday, July 7, said Ethiopia created more than 5.5 million jobs during the 2025/26 fiscal year, which ended on July […]
Ghana makes additional $700 million Eurobond repayment, reducing external debt
Ghana has made an additional 700 million US dollars in Eurobond repayments, bringing its total repayments to 2.1 billion US dollars under the country’s Eurobond […]
Mozambique travel agencies linked to suspected €805 million money laundering scheme
Mozambique’s Financial Information Center (GIFiM) has uncovered suspected money laundering, tax fraud and illicit capital flight involving travel and tourism Agencies that moved at least […]
IMF Unlocks $109m for Togo After Reform Progress, Warns of Persistent Economic Risks
The IMF Executive Board has completed the third and fourth reviews of Togo’s Extended Credit Facility (ECF) programme, unlocking an immediate disbursement of about SDR […]
Kenya Opens Local Bond Market to Global Investors Through Clearstream Link
Kenya’s Central Bank on Thursday, June 25, 2026, welcomed the launch of the Clearstream-Kenya Link, a development expected to give international investors easier access to […]
Morocco’s Central Bank Holds Key Rate at 2.25% as Growth Accelerates and Inflati Stays Contained
Bank Al-Maghrib’s Council, meeting in Rabat on Tuesday, decided to hold its key policy rate unchanged at 2.25 percent. The central bank cited inflation expected […]
Angola Pushes for Stronger Banking Sector to Drive Economic Transformation
In Luanda on Thursday, 18 June 2026, the Angolan Government called for a more dynamic and development-oriented banking sector to play a stronger role in […]
Namibia Hikes Interest Rate to 6.75% Amid Rising Inflation Concerns
On June 17, 2026, the Bank of Namibia raised its benchmark repo rate by 25 basis points to 6.75%, marking its first interest rate increase […]