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Central bank

BAM Governor Presents 2025 Annual Report to King Mohammed VI, Flags Growth-Perception Gap

July 21, 2026 Khalid Al Mouahidi 0

King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, received Bank Al-Maghrib (BAM) Governor Abdellatif Jouahri on Monday at the Royal Palace in Tetouan, […]

Angola Cuts Interest Rate as Inflation Continues Downward Trend

July 15, 2026 Steven Addamah 0

On Tuesday, July 14 2026, Angola’s Central Bank has reduced its benchmark interest rate by 125 basis points to 15.75 per cent from 17.0 per […]

Ghana Raises State Gold Purchases to 30% of Large Miners’ Output from July 1

June 26, 2026 Steven Addamah 0

Ghana will begin purchasing 30% of the gold output of large-scale mining companies from July 1, 2026, under a new agreement aimed at boosting foreign […]

Morocco’s Central Bank Holds Key Rate at 2.25% as Growth Accelerates and Inflati Stays Contained

June 24, 2026 Khalid Al Mouahidi 0

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 […]

Bank of Ghana records GH¢34.95bn loss for year ending 31 December 2025 amid stabilization gains

May 6, 2026 Steven Addamah 0

Ghana’s Central bank on Tuesday announced an annual loss of GH¢34.95 billion (about $3.11 billion) for the year ending 31 December 2025, comprising an operating […]

Bank of Ghana Cuts Policy Rate by 250 Basis Points as Inflation Eases

January 31, 2026 Steven Addamah 0

Ghana’s central bank on Wednesday announced a further 250-basis-point reduction in its benchmark lending rate to 15.5 percent, aiming to support economic growth after inflation […]

Mozambique Cuts Policy Rate as Inflation Hits 13-Month Low

January 31, 2026 Steven Addamah 0

Mozambique’s Central bank on Wednesday reduced its main interest rate by 25 basis points to 9.25 percent, marking a second consecutive cut following a similar […]

Nigeria Tightens Cash Controls with New Withdrawal Limits to Strengthen Financial Security

December 4, 2025 Steven Addamah 0

Nigeria’s Central bank on Wednesday, 3 December, has unveiled a comprehensive overhaul of its cash management framework, introducing tighter withdrawal caps and removing charges on […]

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. […]

Zambia’s Central Bank Warns of Escalating Cyber Threats to Financial Sector

September 18, 2025 Steven Addamah 0

The Bank of Zambia on Wednesday, September 17, has raised an alarm over increasing cyber threats targeting the nation’s banking industry. Governor Denny Kalyalya stated […]

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