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Africa News
China-Africa economic ties reach new highs – official
China has underscored its deepening economic and trade cooperation with Africa since the 2021 Forum on China-Africa…
Egypt’s CBE hosts 2nd annual training for African c. banks
The Central Bank of Egypt (CBE) is hosting a training programme on The Application of Big Data Analysis and…
Morocco’s CPI down by 0.2% in July
Morocco's consumer price index (CPI) decreased by 0.2 per cent in July, driven by a 0.5 per cent drop in the food…
Kenya to reintroduce tax measures in parliament – TV report
Kenya's government plans to reintroduce tax measures to parliament that were previously withdrawn in June following…
UAE’s AMEA Power signs 300MW wind farm deal in Ethiopia
Ethiopia signed on Saturday a power purchase and a project implementation agreement with UAE’s AMEA Power to…
S. Africa’s c. bank expected to cut rates in Sept.
South African Reserve Bank is anticipated to cut interest rates on September 19, lowering its benchmark interest…
Nigeria headline inflation eases to 33.40% in July
Nigeria's headline inflation rate eased to 33.40 per cent in July 2024, down from 34.19 per cent in June 2024. This…
IsDB funds Morocco’s water initiative
The Islamic Development Bank (IsDB) has extended financing of $84.8 million to the National Office of Electricity…
China-Africa trade rises 5.5% to $166.6b in H1 of ’24
Trade between China and Africa rose 5.5 per cent year on year to 1.19 trillion yuan (about $166.6 billion) from…
Bank of Zambia maintains policy rate amid high inflation
Bank of Zambia decided on August 12-13, 2024, to keep the Policy Rate at 13.5 per cent. Despite inflation exceeding…
