Morocco’s central bank makes second consecutive cut in key rate to 2.25%
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 […]
Central bank
Nigeria’s Central Bank Projects 4.17% GDP Growth in 2025, Inflation to Ease
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
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
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
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 […]
São Toméan government to pay 400,000 euros to former minister “illegally detained”
The an Government has agreed to pay approximately 400,000 euros to Américo Ramos, a former Finance minister wrongfully detained in 2019. Ramos, who was accused […]
Nigeria’s Rivers State Leverages Oil Wealth to Court Investors
According to former Central Bank governor Sanusi Lamido Sanusi, oil-rich Rivers State has a unique chance to emerge as a beacon of progress, replacing despair […]
Nigeria Brings New Allegations Against Former Central Bank Chief
The former chief of Nigeria’s Central Bank, Godwin Emefiele, is slated to appear in a Lagos courtroom on Monday due to newly filed corruption and […]
Mozambique’s bank reserves set a new record in November 2023
The volume of Mozambican bank reserves hit a new record in November 2023, reaching 245,527 million meticais (3,513 million euros), as a result of the […]
Mozambique expects 62.5 ME in tax revenues from natural gas in 2024
The Mozambican State expects to receive 4,268 million meticais (62.5 million euros) in tax revenue from natural gas next year, according to Government figures available […]