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Central bank

Morocco: Central Bank Expects Growth to Reach 5.3 pc in 2021 & 3.2 pc in 2022

March 24, 2021 Khalid Al Mouahidi 0

Morocco economic growth is expected to reach 5.3 pc in 2021 before stabilizing at 3.2 pc in 2020, according to the country’s central bank forecasts. […]

Central Bank announced devaluation of sudanese pound

February 22, 2021 Steven Addamah 0

It is a brutal but expected devaluation of the pound that the Sudanese Central Bank announced on Sunday, February 21, announcing a unification of exchange […]

Kenya sinks into a debt spiral

February 3, 2021 Steven Addamah 0

Kenya’s public debt has increased by more than $11 billion in one year, according to the Central Bank. A fiscal situation aggravated by the Covid-19 […]

The launch of the common currency of the ECOWAS countries postponed to 2025

January 28, 2021 Khalid Al Mouahidi 0

The common currency of the ECOWAS countries may not see the light of day until 2025 at best. This is what emerges from the debates […]

Madagascar: Government calls for the extradition of the three suspects arrested in South Africa with 74 kilos of gold in their possession

January 7, 2021 Khalid Al Mouahidi 0

The Malagasy state announced on Wednesday 6 January that it has filed a complaint for illegal gold export and is seeking the extradition of the […]

Liberia: Central bank makes U-turn, denies it lost $100 million

October 3, 2018 Steven Addamah 0

Liberia’s central bank on Tuesday said it did not lose the $104 million newly printed notes that sparked outrage and federal investigation in the West […]

Ghana’s central bank merges five ailing banks

August 2, 2018 Khalid Al Mouahidi 0

The Bank of Ghana (BoG) on Wednesday announced that it has revoked the licenses of five banks and put them together as Consolidated Bank Ghana […]

Ethiopia appoints new central bank governor

June 19, 2018 Steven Addamah 0

Ethiopia has appointed a new central bank governor on Monday amid major economic reforms spearheaded by the country’s new Prime Minister Abiye Ahmed. Yinager Dessie […]

Libya central bank to impose fees on foreign currencies

June 12, 2018 Khalid Al Mouahidi 0

Officials of Libya’s internationally recognized government have agreed to a three-track reform process including a proposal to impose fees on foreign currency transactions in the […]

Kiir appoints Dier Ngor as governor of S. Sudan’s central bank

May 11, 2018 Steven Addamah 0

South Sudan’s President Salva Kiir on Thursday, appointed Dier Ngor as new central bank governor. According to the Statement released by the Presidency, Kiir had […]

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  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
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