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Central bank

São Tomé and Príncipe with no foreign exchange to buy essential goods on the international market

November 1, 2022 Steven Addamah 0

The government of Sao Tome and Principe says the net international reserve at the archipelago’s central bank is below the minimum required, i.e., it is […]

Libyan oil exports resume after months of interruption

July 22, 2022 Khalid Al Mouahidi 0

Since the assassination of Muammar Gaddafi, Libya’s oil has been at the centre of all sorts of rivalries, with rival militias and foreign powers jostling […]

Nigeria’s Buhari asks ministers with political ambition to resign

May 12, 2022 Steven Addamah 0

As Nigeria’s February 2023 presidential election approaches, the number of candidates to succeed Muhammadu Buhari is increasing. Tunde Bakare, a popular Pentecostal minister, and Godwin […]

Economy: Kenyan businesses worried about elections and war in Ukraine

April 11, 2022 Steven Addamah 0

Kenya’s Ministry of Finance presented a $28 billion budget this week. The aim is to revive an economy hit by the loss of hundreds of […]

DRC: Central Bank Directors replaced to Meet IMF requirements

July 14, 2021 Khalid Al Mouahidi 0

For almost two years, the DRC and the IMF have been negotiating the signature of a financing program. One of the very first conditions was […]

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 […]

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  • Mali Reaffirms Commitment to Royal Initiative Promoting Sahel Countries’ Access to Atlantic Ocean
  • Gabon Secures €312m Railway Financing and Manganese Deal During President’s France Visit
  • Morocco, Mali relaunch business council to deepen economic partnership
  • World Bank: Morocco Posts Its Strongest Growth in a Decade
  • President Mnangagwa pushes local manufacturing to boost Zimbabwe’s industrial growth
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