South African Government Welcomes Diesel Price Drop Amid Petrol Increase
The South African Government has welcomed a reduction in diesel prices ranging between R2.62 and R3.25 per litre, effective Wednesday, June 3, describing it as […]
Finance
EU Mobilizes €348 Million to Bolster Morocco’s Water Security
The European Union, together with Germany, Italy, and France, has launched a €348 million program to support Morocco’s National Water Plan, in a coordinated funding […]
AfDB Meetings in Brazzaville Seen as Potential Turning Point for Africa’s Financing Model
The 2026 Annual Meetings of the African Development Bank Group (AfDB) have opened in Brazzaville, Republic of Congo, with expectations high that the gathering could […]
AfDB Approves €200 Million for Morocco’s ‘Cap Compétences 2030’ Program
The Board of the African Development Bank Group has approved a €200 million financing package for Morocco’s Cap Compétences 2030 program, a results-based intervention designed […]
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 […]
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 […]