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Finance

African State-Owned Investors Hit Record $1 Trillion as Sovereign Wealth Funds Expand

December 2, 2025 Steven Addamah 0

African state-owned financial institutions have reached a historic milestone, now managing an estimated $1 trillion in assets, according to the latest monthly assessment by GlobalSWF. […]

Zimbabwe Unveils Ambitious Five-Year Blueprint to Accelerate Economic Transformation

November 28, 2025 Steven Addamah 0

Zimbabwean President Emmerson Mnangagwa has launched on November 27 the country’s next five-year development framework, the 2026–2030 National Development Strategy (NDS 2), designed to fast-track […]

Bank of Ghana Cuts Policy Rate to 18% as Inflation Outlook Brightens

November 27, 2025 Steven Addamah 0

Ghana’s Central bank, on Wednesday, November 26, announced a 350-basis-point reduction in the benchmark lending rate, lowering it from 21.5 percent to 18 percent. Governor […]

Tunisia’s Insurance Industry Posts Robust Growth in First Nine Months of 2025

November 26, 2025 Geraldine Boechat 0

Tunisia’s insurance sector delivered a resilient financial performance in the first nine months of 2025, recording total revenues of 3,123.3 million dinars, an 11.5% uplift […]

World Bank Raises Kenya’s 2025 Growth Forecast Amid Strong Construction Recovery

November 26, 2025 Steven Addamah 0

The World Bank, on Monday, November 24, has upgraded Kenya’s 2025 economic growth projection to 4.9 percent, up from its earlier estimate of 4.5 percent, […]

Zambia Secures $1.5B US Health Grant for 2026–2030

November 19, 2025 Steven Addamah 0

Zambia announced on Monday, 17 November 2025, that it will receive a $1.5 billion health-sector grant from the United States, with a financing agreement expected […]

Tunisia Channels Major Investment into 2026 Road and Bridge Overhaul

November 17, 2025 Geraldine Boechat 0

Tunisia’s Minister of Equipment and Housing, Salah Zwaari, has unveiled on November 16 an ambitious infrastructure agenda for 2026, backed by nearly 600 million dinars—representing […]

Mozambique Sees Surge in Digital Financial Inclusion and Improved Lending Conditions

November 14, 2025 Steven Addamah 0

The Bank of Mozambique has reported a substantial rise in electronic money account users, growing from 11.9 million in December 2022 to 23 million by […]

South Africa Sets New Inflation Target at 3 Percent

November 14, 2025 Steven Addamah 0

South African Finance Minister Enoch Godongwana announced on Wednesday, 12 November 2025, a revised inflation target of 3 percent with a 1-percentage-point tolerance band, during […]

East Africa: EAC Trade Rises to $38.2 Billion in Q2 2025 as Exports Surge 40 Percent

November 13, 2025 Steven Addamah 0

The East African Community (EAC) registered a strong upswing in international merchandise trade in the second quarter of 2025, underscoring the bloc’s economic resilience and […]

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News

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    April 6, 2026 0
  • Tourism Rebounds to Power South Africa’s Economy, Surpassing Pre-Pandemic Levels

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    April 6, 2026 0
  • UNECA Launches New Initiative to Boost Sustainable Health Financing in Africa

    April 4, 2026 0
  • Morocco to Host 1st Training Center for African Drone Operators

    April 4, 2026 0

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