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Africa News
Kenya to cut budget deficit to 4.5%
Kenya will cap its budget deficit at 4.5 per cent of GDP in the 2025/26 fiscal year, down from 5.1 per cent the…
Kenya’s annual inflation up in April
Kenya’s annual inflation rate rose to 4.1 per cent in April 2025, up from 3.6 per cent in March, driven largely by…
Uganda hikes 2025/26 budget by 25%
Uganda has increased its proposed 2025/26 budget by 25 per cent to 71.9 trillion shillings ($19.6 billion), up from…
Afreximbank launches $3b intra-African oil financing programme
African Export–Import Bank (Afreximbank) has launched a $3 billion Revolving Intra-African Oil Trade Financing…
Egypt FM affirms full support for Somalia’s unity, security
Egyptian Foreign Minister Badr Abdel-Aty reaffirmed Egypt’s full commitment to supporting the unity and territorial…
Egypt takes charge of AfCFTA Council of Ministers with call for faster integration
Egypt officially assumed the presidency of the African Continental Free Trade Area (AfCFTA) Council of Ministers,…
Egypt’s FinMin highlights need for development funding in Africa
Egypt’s Finance Minister, Ahmed Kouchouk, emphasised the importance of providing development funding to help…
Egypt, Rwanda discuss boosting private sector investments to propel growth
Egypt’s Finance Minister Ahmed Kouchouk and Rwandan counterpart Uzziel Ndagijimana discussed expanding private…
AMEDA 2025 Forum kicks off in Nigeria, shaping future of financial markets, infrastructure
The 41st edition of the Africa and Middle East Depository and Central Clearing Houses (AMEDA) annual Forum is…
Egypt’s Sisi, Congo’s Tshisekedi discuss E. DRC crisis, Nile cooperation
President Abdel Fattah El Sisi discussed regional developments, particularly the situation in eastern Democratic…