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While the country’s annual inflation has been on a downward trajectory since January, it still remains
Remita and other eligible PSSPs will be integrated into TMRAS to liberalise revenue payments and collections, OAGF clarified.
Both companies will invest $31 million in Pele, helping the firm raise substantial capital for its operations.
Despite the positive growth, experts cautioned that the broader economic environment remained fragile.
Transactions on the Standard Lending Facility declined sharply by by 37.6% to $7.05 billion in November, compared to the previous month amid liquidity boost.
The agreement is targeted at increasing and modernizing the country’s grain storage and logistics system which may help ease inflation.
The country’s Eurobond maturing in 2031 fell to 88.44 cents per dollar. Also, the bond maturing in 2048 also fell to 67.17 cents per dollar.
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The bank’s performance comes amid economic turbulence driven by high interest rates, geopolitical risks, and political uncertainty.
Despite the global energy transition, oil majors are betting big on Africa—with $13B in new investments flowing into the sector. Who and what’s driving the money, and what should investors and lenders look out for
Despite adverse climate conditions and logistical challenges, South Africa’s agricultural export earnings soared to a record-high in 2024, boosting trade balance.
Despite the persistent decline in business conditions in the sector, manufacturers remain cautiously optimistic about the medium-term outlook.
After a prolonged regulatory battle, Namibia’s Trustco banks finally shuts down, transferring all unclaimed deposits and accrued interests to the Guardian fund
The Gold-for-Oil program was introduced in 2022 to reduce Ghana’s dependence on the dollar as FX to purchase oil for international suppliers.
The top 10 performing stockbrokers on the Nigerian exchange account for over half of traded shares so far in 2025.
Stricter ground rent enforcement could impact loans, mortgages, and real estate finance, raising risks for banks and property owners.
In Africa, where most countries are struggling with inflation, the MPR is one of the fiscal policies that apex banks use in controlling inflation.
Kenya’s inflation has been on a steady rise since November 2024, after months of sustained decline.
Although Nigeria’s revenue growth was positive during the period, it fell far below expenditure despite low capital spending.
Zambia is one of the worst-hit by the El-Niño weather phenomenon which has led to severe droughts and food shortages.
