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Africa News
Uganda’s private sector continues growth, PMI at 53.1 in Dec ’24
Uganda's Stanbic Bank PMI for December 2024 stood at 53.1, signaling continued growth in the private sector,…
Mozambique’s private sector PMI falls to 46.4 in Dec ’24
Mozambique’s private sector faced a sharper downturn in December 2024, with the Purchasing Managers’ Index (PMI)…
Zambian private sector shows signs of recovery in Dec – PMI
Zambia’s Purchasing Managers’ Index (PMI) rose to 50.8 in December 2024, up from 49.2 in November, marking the…
Kenyan private sector growth slows in Dec ’24 – PMI
Kenya’s private sector ended 2024 with marginal growth, as the Stanbic Bank Kenya Purchasing Managers’ Index (PMI)…
S. Africa PMI dips below 50 in Dec ’24
South Africa's Purchasing Managers’ Index (PMI) slipped to 49.9 in December 2024, down from 50.9 in November,…
Nigerian private sector shows signs of recovery in Dec ’24 – PMI
The Nigerian private sector experienced a notable rebound in December 2024, with the Purchasing Managers’ Index…
Kenya’s annual inflation rises to 3% in Dec ’24
Kenya's annual inflation rate climbed to 3.0 per cent in December 2024, driven by a 4.8 per cent increase in food…
S. Africa to raise fuel prices in Jan
South Africa's government stated that the petrol price would increase by up to 19 cents per litre, while diesel…
Egypt PM, FM strategise on boosting cooperation with Africa
In alignment with President Abdel Fattah El-Sisi’s directives to deepen cooperation with African nations, Prime…
Egypt’s c. bank hosts African banking supervision seminar
Egypt's central bank recently organised a virtual seminar on Effective Supervision: Building Supervisory Frameworks…