Cape Verde Bank foresees growth path in the country
Forecasts from the Bank of Cape Verde align with those of other international financial and development institutions, indicating positive economic growth driven by tourism and […]
Inflation
Nigeria Faces Dire Child Malnutrition Crisis Amid Mounting Challenges
Northern Nigeria is grappling with an unprecedented child malnutrition crisis, exacerbated by rural violence and soaring food inflation. Aid organizations report overwhelming num bers of […]
Ghana agrees to restructure $5.4 billion in debt with new MoU
Ghana has signed a memorandum of understanding (MoU) with bilateral creditors, including China and France, to restructure $5.4 billion of debt. This agreement is crucial […]
Central Bank Governor Warns of Inflation Upside Risks and Financial Conditions in South Africa
South Africa’s inflation outlook presents potential upward risks, according to Central Bank Governor Lesetja Kganyago. Despite the adverse effects of El Nino weather conditions across […]
Central Bank of Nigeria Establishes Minimum Capital Base Requirements for Banks
The Central Bank of Nigeria has introduced revised minimum capital requirements for banks in a move aimed at bolstering their resilience and fortifying the country’s […]
Cape Verde closed 2023 with inflation rate of 1.3%
Cape Verde closed 2023 with an inflation rate of 1.3%, the National Statistics Institute (INE) announced on Monday January 15, a sharp slowdown from the […]
Nigerian President Tinubu unveils first budget of his term
Nigerian President Bola Ahmed Tinubu presented the first budget since coming to power on Wednesday November 29, focusing on security and economic growth amid high […]
Governor of the Bank of Mozambique says restrictive policy has eased inflation
The governor of the Bank of Mozambique said on Wednesday November 1st that the current slowdown in inflation was the result of the “restrictive monetary […]
Inflation surges to 5.4% in South Africa, exceeding expectations
South Africa’s annual inflation rate rose for the second consecutive month in September, reaching a three-month high of 5.4%, according to the latest data from […]
Nigeria: Tinubu announces measures to offset rising cost of living
Nigerian President Bola Ahmed Tinubu announced on Sunday October 1st a temporary increase in the minimum wage for the lowest-paid workers and cheaper public transport, […]