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Central bank

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 […]

South Sudan: President Kiir Shakes up Financial Leadership

June 10, 2025 Pawla Nibramich 0

President Salva Kiir of South Sudan has dismissed on June 9 the Governor of the Bank of South Sudan, Johnny Ohisa Domian, in the midst […]

South Africa’s Economic Growth Forecast Downgraded by IMF Amid Tariff Concerns

April 23, 2025 Steven Addamah 0

A reduced economic growth forecast for South Africa has been issued by the International Monetary Fund (IMF), with the 2025 projection being cut from 1.5 […]

Morocco’s central bank makes second consecutive cut in key rate to 2.25%

March 18, 2025 Khalid Al Mouahidi 0

Morocco’s central bank continues its monetary easing policy cutting the benchmark interest rate by 25 basis points to 2.25%, the second consecutive reduction to bolster […]

Nigeria’s Central Bank Projects 4.17% GDP Growth in 2025, Inflation to Ease

January 26, 2025 Pawla Nibramich 0

Nigeria’s Central Bank expects the economy to grow by 4.17% in 2025, driven by ongoing reforms and stabilising inflation, Governor Olayemi Cardoso stated on Thursday […]

Angola’s Central Bank Keeps Interest Rate Steady as Inflation Eases Slightly

January 22, 2025 Steven Addamah 0

On January 21, Angola’s Central Bank decided to keep its main interest rate unchanged at 19.50%, marking the fourth consecutive meeting in which the rate […]

São Tomé and Príncipe’s economy stagnates for a second year

December 31, 2024 Steven Addamah 0

The Governor of the Central Bank, Américo Ramos, confirmed that São Tomé and Príncipe’s economy failed to grow in 2024, maintaining stagnation at zero for […]

Kenya’s Central Bank Implements Bold Rate Cut to Boost Economic Growth

December 8, 2024 Pawla Nibramich 0

Kenya’s central bank has enacted a significant 75-basis-point reduction in its benchmark lending rate, lowering it to 11.25 percent in a decisive move to stimulate […]

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