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Africa News
Nigerian measures against inflation impacts naira positively – CBN governor
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, views the recent surge in the naira positively,…
Ethiopia-Djibouti railway earns $50m in 9 months
The China-built Ethiopia-Djibouti railway has been successful, generating 2.84 billion Ethiopian birrs ($50…
African public health indicators at risk – Egypt’s FinMin urges action
Egypt’s Finance Minister Mohamed Maait has raised concerns about worsening public health indicators across Africa…
S. Africa’s inflation dips to 5.3% in March
South Africa saw a slight dip in headline inflation to 5.3 per cent in March from February's 5.6 per cent,…
Zimbabwe hopes new ZiG currency to stabilise market
The Zimbabwean government introduced a new currency, ZiG, backed by gold reserves and foreign currency to address…
Nigeria’s inflation surges to 33.20% YoY in March
Nigeria’s headline inflation surged to 33.20 per cent in March, up from February 2024's 31.70 per cent, marking a…
Ghana fails to reach deal with intl. debtors
Ghana failed to reach a deal with international bondholders to restructure $13 billion of debt, which hinders its…
Zimbabwe’s new ZiG debuts trading at 13.56 vs USD on Monday
Zimbabwe's new currency, ZiG, debuted in trading on Monday amid challenges with the nation's sixth attempt to…
Guyana gas power plant faces delays
Guyana faces setbacks in utilising its natural gas reserves for a power plant, potentially costing the nation $1…
Paris Club pushes Ethiopia’s IMF deal deadline to June
The Paris Club, a group mainly comprising developed country creditors, reportedly extended Ethiopia's deadline to…
