ECOWAS will meet its 2020 single currency deadline – Heads of State
Members of the Presidential Task Force on the ECOWAS Single Currency Program on Wednesday reaffirmed their political will to introduce a single currency in the […]
Finance
Morocco’s BCP lands in Mauritius, Madagascar
Groupe BPCE, the second largest banking group in France on Monday announced the signing of an agreement providing for the divestment of 100% of Banque […]
China tops Kenya’s international lenders – Treasury
China has invested Sh520 billion ($5,202.37 million) in Kenya in 2017, making Beijing the top partner that advanced bilateral loans to the East African nation, […]
Ghana has ‘no reason’ to return to IMF – President Nana Akufo-Addo
Ghana’s President Nana Akufo-Addo said in his annual state of the nation speech on Thursday that his government had buckled down on mismanagement and will […]
Morocco secures $2 billion funding from AfDB
The African Development Bank’s (AfDB) vice president, Khaled Sherif, last weekend said Morocco will benefit from a $2 billion financing from the Bank over the […]
AU Members divided over Kaberuka tax
The 30th Summit of the African Union held in Addis Ababa January 28 and 29 did not settle the African Union’s financing solutions. The “Kaberuka […]
Ghana’s economy back on track – President
President Akufo-Addo of Ghana on Wednesday said he spent the past year stabilizing the economy, including clearing huge debt deals signed by his predecessor. The […]
Gambia to change currency with Jammeh’s head
Gambia’s Central Bank will phase out local currency – the dalasi – which has the head of former President Yahya Jammeh as of February, Africa […]
Algeria Bans Imports of 900 Products to Curb Spending
Algeria continues to implement time buying measures to compensate for falling oil revenues. The country has banned imports of a list of nearly 900 products […]
Oil-dependent Gabon economy grew 0.8% in 2017 – IMF
The International Monetary Fund on Thursday downgraded Gabon’s economy growth forecast of 2017 form 1 percent to 0.8 percent. The international lender expects growth to […]