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Africa News
JPMorgan CEO to visit Africa for expansion push
JPMorgan Chase CEO Jamie Dimon is set to return to Africa in mid-October, marking his first visit in seven years,
Zimbabwe explores debt-for-climate swap
Zimbabwe's creditors are considering a debt-for-climate swap as part of a broader restructuring plan for the…
Rwanda’s real GDP grows 9.7% in Q1-24 – World Bank
Rwanda's real GDP increased by 9.7 per cent in the first quarter of 2024, surpassing the previous year's growth…
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…