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 […]
Inflation
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, […]
Egypt to elect new President in early December 2023
Egypt’s presidential election will be held from December 10 to 12, rather than in the spring of 2024 as the Constitution allows, a deadline shortened […]
IMF should return to Angola to help with reforms and control the kwanza
The president of the Angola-Brazil Chamber of Commerce (CCAB) on Thursday August 24 called for the return of the International Monetary Fund (IMF) to Angola […]
Angola: Inflation to reach 13% this year – Standard & Poor’s
Financial rating agency Standard & Poor’s predicts that Angola will reach the end of the year with average inflation of 13%, falling to 10% the […]
Angola recorded inflation of 12.12% in July
Angola recorded inflation of 12.12% in July, which represents a decrease of 9.28 percentage points compared to that observed in the same period of 2022, […]