Africa to spend $74 billion on debt servicing in 2024 – AFDB
The African Development Bank, AFDB, says African countries will spend $74 billion…
Nigeria’s inflation rate hits 34.6%, highest in 26 years
Nigeria's headline inflation increased to 34.60% in November 2024, indicating a continued…
Inflation, funding major challenge to start-ups in Africa
Inflation and funding have been identified as some of the major problems…
South Africa records more investment outflows with new government bonds
South Africa experienced foreign direct investment outflows amounting to 3.2 billion rand…
South Africa records slow inflation growth
South Africa experienced a smaller-than-anticipated increase in its inflation rate for November,…
World bank cuts Kenya’s growth forecast to 4.7%
The World Bank revised its economic growth forecast for Kenya this year…
Reasons behind Naira’s recent appreciation against the Dollar
The Naira has been gaining rapidly against the dollar in the last…
Nigeria passes new bill to tackle hunger
The Nigerian Senate has passed a bill seeking to criminalise the exportation…
Botswana holds interest rate at 1.9% to address economic slump
The bank of Botswana has announced a decision to hold its main…
Zimbabwe Central Bank decline in inflation with 35% lending rate
The bank of Zimbabwe has left the lending rate at 35% as…
