Nigeria’s private sector stable in August
Nigeria’s private sector experienced broadly stable conditions in August, with the Stanbic IBTC Bank Nigeria PMI …
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currency depreciation
China’s April gold imports plunge on price surge
China's demand for gold is decreasing as high prices impact consumption, with April's physical gold imports…
British lender announces $100m financing pact for Africa
British International Investment, a development lender, announced a $100 million financing agreement with TDB.
IMF sees ‘good progress’ on Egypt reforms
Egypt has made a "good start" to its International Monetary Fund-backed reform programme despite seeking waivers…
Egypt’s central bank hikes key interest rates by 300 basis points, floats pound…
Egypt's central bank announced Thursday it had hiked interest rates by 300 basis points in a move to rebalance…
Egypt stocks shed $1.2bn in week on currency devaluation remarks
Egypt’s stock market has incurred losses in a week amounting to 9.3 billion Egyptian pounds (US$1.2 billion)…
