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Inflation

Nigeria’s Inflation Rate Drops Following Major Statistical Overhaul

February 19, 2025 Steven Addamah 0

Nigeria’s annual inflation rate dropped significantly to 24.48% in January 2025, following the rebasing and updating of the country’s price index for the first time […]

Nigeria’s Central Bank Projects 4.17% GDP Growth in 2025, Inflation to Ease

January 26, 2025 Pawla Nibramich 0

Nigeria’s Central Bank expects the economy to grow by 4.17% in 2025, driven by ongoing reforms and stabilising inflation, Governor Olayemi Cardoso stated on Thursday […]

Ghana: Opposition candidate John Mahama wins presidential election

December 9, 2024 Steven Addamah 0

In a testament to its tradition of peaceful political transitions, Ghana has elected opposition candidate John Mahama as its new President, with the ruling party’s […]

IMF reaches Staff-Level Agreement to release $251 Million for Ethiopia

November 28, 2024 Steven Addamah 0

The International Monetary Fund (IMF) has reached on November 27 a key agreement with Ethiopia on the second review of its economic aid program, clearing […]

Mozambique’s Central Bank cuts interest rate to 12.75%

November 28, 2024 Geraldine Boechat 0

The Monetary Policy Committee (CPMO) of the Bank of Mozambique announced on November 27 a reduction in the monetary policy interest rate, known as the […]

IMF improves Cape Verde growth estimates

November 27, 2024 Geraldine Boechat 0

The International Monetary Fund (IMF) has revised its economic growth projections for Cape Verde, raising its estimates by 1.3 percentage points for 2024 and 0.3 […]

Cape Verde Bank foresees growth path in the country

September 11, 2024 Geraldine Boechat 0

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 […]

Nigeria Faces Dire Child Malnutrition Crisis Amid Mounting Challenges

July 2, 2024 Steven Addamah 0

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 […]

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Ghana agrees to restructure $5.4 billion in debt with new MoU

May 30, 2024 Steven Addamah 0

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

April 22, 2024 Steven Addamah 0

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 […]

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Recent Posts
  • 69th anniversary of Moroccan Army: King Mohammed VI calls for constant adaptation to accelerating world changes
  • Nigeria Records Strongest Economic Growth in a Decade Amid Structural Reforms
  • Mali’s Gold Rush in the Crosshairs: Armed Groups Tighten Grip on Mining Hubs
  • French AFD Supports OCP’s Green Transition Program with €350 Million
  • Mozambique’s Soaring Debt Poses Mounting Fiscal Risks Despite External Relief
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