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Africa News
S. African consumer confidence index up to -5 in Q3
South Africa's consumer confidence index (CCI) rose to -5 points in the third quarter from -10 points in the…
AfDB grants $6.6m to boost Somalia’s financial architecture
The African Development Bank (AfDB) approved on Tuesday a $6.6 million grant to bolster Somalia's capacity to build…
Kenya projects 3.5% budget deficit in FY ’25
Kenya's finance ministry projected a decline in the country's budget deficit to 3.5 per cent of GDP in the upcoming…
Sudan, S. Sudan near oil pipeline restart
South Sudan and Sudan have made significant strides towards restarting the South Sudan's crude oil through a…
Kenya launches national debt audit
Kenya has initiated a comprehensive audit of its national debt, Finance Minister John Mbadi announced on Monday.…
Fitch upgrades Tunisia’s credit rating to CCC+
Fitch Ratings upgraded on Monday Tunisia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC+' from…
Nigeria’s inflation continues to ease in August
Nigeria's headline inflation rate eased slightly in August 2024, decelerating from 33.40 per cent in July to 32.15…
Kenya c.bank to hold its next rate decision meeting on Oct 8
The Central Bank of Kenya (CBK) announced on Monday that its Monetary Policy Committee (MPC) will hold its next…
AfDB grants $400k for Liberian pension sector reform
The African Development Bank Group (AfDB) has approved a $400,000 grant for the Liberia Pension Sector Intervention…
OECD forecasts 3.5% GDP Growth for Morocco ’24, 4.0% ’25
The OECD Economic Survey forecasts a 3.5 per cent GDP growth for Morocco in 2024, matching the 2023 rate and…
