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Africa News
Nigeria c.bank raises rates by 200bps
Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso, raised its monetary policy rate by 200 basis points…
Ghana to expedite discussions on debt restructuring – minister
Ghana's Finance Minister Mohammed Amin Adam expressed the government's desire to expedite discussions on debt…
China to continue co-operation to facilitate Zambia’s debt restructuring
China will continue cooperating with all sides to advance Zambia's debt restructuring, a foreign ministry…
AFC raises $1.16b syndicated loan to close Africa infrastructure gap
AFC, the main provider of infrastructure solutions in Africa, has closed its largest-ever debt facility, a $1.16…
Nigeria charges Binance with tax evasion
Nigeria's taxation authority has lodged allegations of tax evasion against the cryptocurrency platform Binance.
Nigeria food bank faces dwindling supplies as inflation skyrockets
The Lagos Food Bank, vital for residents, faces dwindling supplies as inflation skyrockets in Nigeria as President…
British lender announces $100m financing pact for Africa
British International Investment, a development lender, announced a $100 million financing agreement with TDB.
Senegal international bonds fall amid early results of presidential election
The international bonds of Senegal saw a decline on Monday, as opposition candidate Bassirou Diomaye Faye took a…
Kenya’s economy forecast to grow by 6.3% in ’24
Kenya's economy is anticipated to achieve a growth rate of 6.3 per cent this year, surpassing the estimated 6.1 per…
South Africa’s inflation: a February ascent
South Africa witnessed in February a rise in consumer inflation for the second consecutive month, reaching 5.6 per…
