IMF Urges Continued Reforms as Nigeria Faces Poverty and Inflation Challenges
The International Monetary Fund (IMF) concluded its 2026 Article IV consultation with Nigeria on June 1, 2026, with the findings released on June 9, 2026. […]
Inflation
Rwanda raises key interest rate to 8.25% as inflation surges
The Monetary Policy Committee of the National Bank of Rwanda has increased the Central bank rate by 100 basis points to 8.25 per cent, citing […]
IMF urges Zambia to restore fuel import reforms amid inflation and global uncertainty
The International Monetary Fund has urged Zambia to carefully manage its monetary policy and restore fuel sector reforms amid rising inflation risks and growing global […]
Bank of Ghana records GH¢34.95bn loss for year ending 31 December 2025 amid stabilization gains
Ghana’s Central bank on Tuesday announced an annual loss of GH¢34.95 billion (about $3.11 billion) for the year ending 31 December 2025, comprising an operating […]
South Africa’s inflation edges up to 3.1% in March as education and services costs rise
South Africa recorded a slight increase in annual consumer inflation to 3.1 per cent in March, up from 3.0 per cent in February 2026, according […]
Rwanda Secures $250m IMF Loan Deal to Sustain Reforms Amid Global Pressures
Rwanda on Thursday reached a staff-level agreement with the International Monetary Fund on a 38-month Extended Credit Facility programme valued at SDR 185 million (approximately […]
Kenya’s Central Bank Cuts Benchmark Rate to 8.75% as Inflation Eases
The Central Bank of Kenya (CBK) has reduced its benchmark lending rate to 8.75 per cent from 9 per cent, citing declining inflationary pressures. The […]
Ethiopia Strengthens Global Trade Ties Amid Economic Reforms
Ethiopia is accelerating its integration into regional and global trade and investment networks, driven by a comprehensive homegrown economic reform agenda, the Minister of Trade […]
Bank of Ghana Cuts Policy Rate by 250 Basis Points as Inflation Eases
Ghana’s central bank on Wednesday announced a further 250-basis-point reduction in its benchmark lending rate to 15.5 percent, aiming to support economic growth after inflation […]
Mozambique Cuts Policy Rate as Inflation Hits 13-Month Low
Mozambique’s Central bank on Wednesday reduced its main interest rate by 25 basis points to 9.25 percent, marking a second consecutive cut following a similar […]