Ghana’s central bank merges five ailing banks
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 […]
Central bank
Ethiopia appoints new central bank governor
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
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
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 […]
Algerian economy to improve in 2018—PM
Algeria’s economy will improve this year as revenue from the oil sector and natural gas picks up, Prime Minister Ahmed Ouyahia said on Saturday. Oil […]
Rwanda: Central bank predicts healthy economic growth in 2018
Rwanda’s economy will grow 6.5 percent in 2018, the central bank of the East African nation said on Tuesday. According to John Rwangombwa, governor of […]
Gambia to change currency with Jammeh’s head
Gambia’s Central Bank will phase out local currency – the dalasi – which has the head of former President Yahya Jammeh as of February, Africa […]
South Africa’s April inflation falls to 5.3 percent
Consumer Price Inflation (CPI) decelerated from 6.1 percent, year-on-year in March to 5.3 percent in April, Statistics South Africa announced on Wednesday. The South African […]
Uganda’s Economy Worsens as Inflation Rises to 5.7%
The statistics office in Uganda on Friday said inflation rose to 5.7 percent year-on-year in December from 4.6 percent last month in the East African […]
South Africa: Price Hike at Gas Stations as of Next week
The energy department of South Africa on Friday said all grades of petrol will increase next Wednesday in the Southern African nation. The retail price […]