Zimbabwe: Government freezes bank loans
Zimbabwe’s government came under fire last Saturday for imposing a freeze on bank lending, a move that will encourage the development of a shadow banking […]
Inflation
Thousands of Sudanese continue to demonstrate against the coup and inflation
Thousands of demonstrators marched Thursday in the sudanese capital Khartoum to protest against the October coup and the high cost of living in their country […]
Violence spreads in Sudan over rising cost of bread, fuel
About 20 people have died in violent anti-government protests in Sudan as Police have fired tear gas at protesters in the capital, Khartoum and other […]
Kenya: Inflation hits 12-month high due to VAT on fuel
Kenya’s inflation rose in September, pushed higher by an increase in fuel, transport and food prices, the statistics office said over the weekend. According to […]
Nigeria’s inflation drops to lowest in more than two years
Nigeria’s yearly inflation rate has dropped to 11.61 per cent in May, the National Bureau of Statistics (NBS) said on Wednesday. According to the bureau, […]
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 […]
Angola’s inflation slows to 34.8 percent
Angola’s inflation slowed to 34.8 percent year-on-year in April, data from the national statistics agency’s website show on Wednesday. According to the Agency, price in […]
Ghana predicts 6.5 percent budget deficit for 2017
Ghana’s Finance Minister Ken Ofori-Atta on Thursday said the government aims to reduce its budget deficit and inflation in 2017 as it plans to stabilize […]
Uganda eyes 5.5% GDP in the year ending June 2018
Uganda’s economy boosted by lower borrowing costs and higher oil sector investments will grow by 5.5 percent in the year to June 2018, a budget […]
Angola’s Inflation Soars to highest
Angola’s inflation rose to 41.95 percent year-on-year in December from 41.15 percent in November, the national statistics agency said on Thursday. Data also showed prices […]