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Finance

Rwanda launches ‘TecHouse’ to drive its financial innovation agenda

March 30, 2017 Steven Addamah 0

Bank of Kigali Limited, Rwanda’s largest commercial lender, has launched ‘BkTecHouse’, a new technology company that will provide IT solutions in banking, education, agriculture and […]

Egypt: WB disburses $1 billion in financial assistance

March 21, 2017 Khalid Al Mouahidi 0

The World Bank has allocated $1 billion in financial assistance to Egypt as the North African seeks to revive its ailing economy hit by the […]

World Bank to release $57 billion for projects in Sub-Saharan Africa

March 20, 2017 Khalid Al Mouahidi 0

The World Bank this week pledged to commit a record $57 billion to finance projects in sub-Saharan Africa. According to the head of the Washington-based […]

Nigeria will overcome recession in 2017 – Budget Minister

March 9, 2017 Khalid Al Mouahidi 0

Nigeria’s Budget Minister, Udoma Udo Udoma, on Wednesday said the Government is determined to bring the country out of its first recession in a quarter […]

Ghana predicts 6.5 percent budget deficit for 2017

March 3, 2017 Khalid Al Mouahidi 0

Ghana’s Finance Minister Ken Ofori-Atta on Thursday said the government aims to reduce its budget deficit and inflation in 2017 as it plans to stabilize […]

UN expert urges lenders to act as Tunisia seeks foreign investment

March 2, 2017 Khalid Al Mouahidi 0

A UN independent expert on foreign debt and human rights on Wednesday encouraged international lenders to lend additional support to Tunisia, which is struggling to […]

Uganda eyes 5.5% GDP in the year ending June 2018

February 28, 2017 Steven Addamah 0

Uganda’s economy boosted by lower borrowing costs and higher oil sector investments will grow by 5.5 percent in the year to June 2018, a budget […]

Morocco Enacts its Membership in Afreximbank

February 27, 2017 Khalid Al Mouahidi 0

Morocco has enacted its membership in the Cairo-based African Export–Import Bank or Afreximbank by publishing in the latest official gazette the Convention establishing Afreximbank. Morocco […]

Three African countries listed among world’s most powerful economies by 2050

February 17, 2017 Steven Addamah 0

Price Waterhouse Coopers published rankings of 32 future power economies by 2050. In the report, titled “The long view: how will the global economic order […]

Less than 1% of Naira Notes are Fake – Nigeria’s Reserve Bank

February 15, 2017 Steven Addamah 0

The Central Bank of Nigeria (CBN) on Tuesday said less than one percent of the west-African nation’s local currency in circulation is fake. The reserve […]

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  • Chad to withdraw from ICC over alleged bias against Africa

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