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Category: Markets

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Cameroon’s Public Debt Declines But External Exposure Grows
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Sabotage Sparks New Fire on Gas Pipeline in Nigeria’s Niger Delta
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Ghana Expected to Hike Interest Rate as Inflation Pressures Mount
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WAEMU Plans $4.3 Billion Debt Sale as Yields Stay Elevated
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Kenya Moves to Broaden Money Laundering Oversight in Exit Bid
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Namibia’s GDP Growth Slows to 3.7% in 2024
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Ethiopia Secures Preliminary Deal With Official Creditors in Debt Talks
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Benin Tightens Grip on Borrowing Costs After Strong Bond Demand
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Senegal Raises Tobacco Tax in Push for Fiscal Reform
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Zambia Courts Investors to Tackle Power Deficit
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Kenya Seeks $541.4m from Treasury Bonds as Liquidity Eases
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South Africa Holds Interest Rate as Inflation Remains Steady
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Gabon Settles $29.6M in World Bank Arrears Amid Debt Pressures
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Côte d’Ivoire Raises $244M in Latest Bond Auction Amid Rising Yields
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Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
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IMF Approves $496M for Morocco Under Resilience and Sustainability Facility
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Tinubu Suspends Rivers State Governor In State Of Emergency Address
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Dakar, Senegal. 13th Mar, 2025. A view of the western corniche in Dakar, Senegal, on March 14, 2025. The ever-expanding Senegalese capital faces numerous challenges in terms of urbanization
Senegal Raises Over $60M Amid Budget Turbulence
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Morocco’s Central Bank Cuts Rates Again to Spur Growth
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Senegal’s Amnesty Law Interpretation Sparks Political Rift
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Côte d'Ivoire Secures Record-Breaking $740M Bond on WAEMU Market
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Nigeria’s Inflation Slows as CPI Overhaul Alters Price Dynamics
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Kenya Targets November 2025 for New IMF Loan Deal
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Ghana’s Gold Wealth Needs a Strategic Shift
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Nigeria: environmental pollution by burning off gas from the oil production in the Niger delta Ogoniland
Nigeria Risks Oil Disruption Amid Political Crisis in Key Producing State
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Eritrea-Ethiopia Tensions Mount Amid Tigray Unrest
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Ghana Plans Windfall Tax on Mining as Gold Prices Hit Record High
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220223 -- CAPE TOWN, Feb. 23, 2022 -- South Africa s Minister of Finance Enoch Godongwana delivers the budget speech at the parliament in Cape Town, South Africa, on Feb. 23, 2022
South Africa’s Budget Battle Deepens as Coalition Divisions Widen
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Cameroon Secures $119 Million in Additional IMF Funding Amid Debt Concerns
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History of Strife Among Nigeria's Energy Players Haunts Crucial Policy Talks
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Mozambique’s Inflation Rises Amid Food and Restaurant Price Hikes
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KCB Group Doubles Dividend as Profit Surges 65%
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South Africa’s Finance Minister Tables Budget After Delays
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Kenya Eyes IMF Deal to Expand External Borrowing in 2025/26 Budget
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African Ministers Seek to Leverage AfCFTA for Stronger Trade Amid Global Headwinds
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Nigerian Commercial Paper Yields Decline on Rate Cut Expectations
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Ghana Increases Mining Levies and Reopens Domestic Bond Market
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Tanzania’s Inflation Edges Higher in February as Food Prices Climb
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Rwanda’s Inflation Rises as Western Aid Cuts Take Hold
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Ghana Seeks to Bridge ECOWAS-Sahel Divide as Mahama Concludes Diplomatic Tour
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The captain of a small gunboat navigates down the Bonny River as smoke billows from a illegal refinery on fire, Rivers State, Nigeria
Political Rift in Nigeria’s Oil Hub Threatens 2025 Budget
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Nigerian Business Confidence Strengthens for Second Consecutive Month
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Zambia's Manufacturers Warn of Tax Burden as Treasury Revises Rates
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Nigeria Expands Refining Capacity with Three New Licenses
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Nigeria Targets 7% Growth as It Joins EBRD to Attract Investment
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Seychelles Slips Into Deflation as Consumer Prices Drop in February
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Ruto and Odinga Strike Power-Sharing Deal Ahead of 2027 Election
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Namibia’s Inflation Cools in February Amid Lower Transport and Alcohol Costs
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Ethiopia’s Commercial Bank Raises Loan Interest Rates 
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Namibia’s Export Revenue Drops 15% in January Amid Trade Deficit Widening
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Cameroon’s SDF Picks Joshua Osih as Presidential Candidate, Unveils Economic Agenda
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Nigeria’s Private Sector Growth Accelerates to 13-Month High
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Newcore Gold Secures $15 Million to Expand Ghana Drilling Programme
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Nigeria Offers Two- and Three-Year Bonds at Lower Yields
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Tinubu Signs Nigeria’s 2025 Budget Into Law
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Ghana in Talks With World Bank for $250 Million Financial Stability Project
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Côte d'Ivoire Grapples With Challenges in Cocoa Sector
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CEMAC Misses Foreign Reserves Target as IMF Warns of Economic Uncertainty
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Ghana’s COCOBOD Faces $1.34 Billion Loss Amid Cocoa Production Decline
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Cameroon’s Inflation Declines for the First Time in 12 Months
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Côte d'Ivoire Grants New Permits for Gold Exploration
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G20 South Africa 2025
South Africa Calls on G20 to Implement Global Minimum Tax for Developing Nations
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MTN Fintech Partners With Network International to Expand Digital Payments
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Ghana’s Central Bank Chief Outlines Strategy to Stabilise Economy
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Nigeria’s GDP Expands 3.8% in Q4 2024, Driven by Services Sector
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Nigeria Strikes New Deal to Expand Oil and Gas Shipping
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Nigeria Raises ₦1.63 Trillion in Oversubscribed Bond Auction
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Nigeria’s Senate President Backs Controversial Tax Reforms
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Ethiopia’s Central Bank Holds Special Foreign Exchange Auction
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Nigeria Seeks N350 Billion in Bond Auction Amid Fiscal Gap Funding
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Gabon’s Public Debt Drops to 54% of GDP, Officials Say
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World Bank Urges Zambia to Strengthen Private Sector Investment Policies
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IFC to Invest $600 Million in Ghana’s Private Sector to Boost Jobs and Growth
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Bawumia Slams Mahama Over Public Sector Dismissals, Calls for Job Creation
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Early Rains Boost Nigeria’s Cocoa Crop Outlook for 2024-25
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Ghana’s Central Bank Tightens Oversight with $6.65 Billion Remittance Audit
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TotalEnergies Exits Burkina Faso After 71 Years, Sells Assets to Coris Investment
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Nigeria Auctions N700 Billion Treasury Bills After Inflation Data Overhaul
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211111 -- CAPE TOWN, Nov. 11, 2021 -- South Africa s Minister of Finance Enoch Godongwana presents the Medium Term Budget Policy Statement MTBPS at the parliament in Cape Town, South Africa, on Nov. 11, 2021
South Africa Postpones Budget Speech Amid Political Deadlock
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Kenya Airways Exploring State Support for Fleet Expansion
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Zambia Suspends 15% Duty on Precious Minerals After Industry Pushback
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Côte d'Ivoire to Raise $6 Billion for Energy Sector Modernisation
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Senegal Eyes Diaspora Bond to Tap $2.5 Billion in Remittances
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Nigeria’s Inflation Slows After Data Rebase, Easing Rate Hike Pressure
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Mahama Declares Assets, Sets March 31 Deadline for Appointees
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Morocco’s Growth Boosts Living Standards, But Inequality Widens
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Ghana Probes Power Sector Corruption Amid Procurement Scandal
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Ghana to Pay GH¢4.28 Billion in Coupon Payments on February 18
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Tunisia’s Economy Expands as Debt Pressures Mount
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Congo To Open New Oil Licensing Round to Boost Investment
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Nigeria’s Consumer Confidence Improves as Inflation Nears Peak
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Namibia Cuts Key Rate to 6.75% as Inflation Moderates
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Zambia’s Central Bank Raises Policy Rate to 14.5% to Tackle Inflation
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Côte d'Ivoire Plans Domestic Debt Rescheduling for 2025
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Tanzania’s Inflation Holds Steady at 3.1% as Food Prices Edge Up
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Kenya Approves $32.5 Billion Budget, Eyes Tax Hikes and Borrowing
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African Cocoa Farmers Push for Sustainability as EU Rules Tighten
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IMF says Ethiopia’s G20 debt restructuring is in its final stages
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Rwanda Inflation Slows, but Conflict in Congo Poses Economic Risks
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Egypt’s Inflation Cools for Third Consecutive Month
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Seychelles Inflation Drops to Three-Month Low
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Kenya Gives Banks More Time to Meet Core Capital Requirements
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South African President Cyril Ramaphosa during an expanded format meeting on the second day of the BRICS Summit July 27, 2018 in Johannesburg, South Africa
South Africa Targets 3% Economic Growth with Major Infrastructure Push
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Experts Back Bank of Ghana Governor Asiama Amid Opposition Criticism
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Ecobank Partners With XTransfer to Enable African Businesses to Pay for Chinese Imports in Local Currency
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Namibia’s Inflation Eases to 3.2% in January
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Egypt Secures $100 Million Islamic Bank Financing to Boost Private Sector Growth
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Rwanda’s Producer Prices Rise in December Following Inflationary Pressures
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United States President Donald Trump signs two executive orders in the Oval Office of the White House in Washington, DC on Thursday, January 30, 2025. The first order formally commissioned Christopher Rocheleau as deputy administrator of the FAA
Trump’s Aid Suspension Threat Shakes South African Rand
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Nigeria Offers Two Savings Bonds Amid High Inflation
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Ghana’s Inflation Declines for First Time in Five Months
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Asiamah's Policy Priorities as He Prepares to Lead Bank of Ghana
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Morocco’s Producer Prices Decline in December Amidst Stable Inflation
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Ghana Names Asiamah as Central Bank Governor as Addison Retires
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Nigeria Rebuilding Investor Confidence After FX Crisis
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Nigerian Inflation Expectations Mixed as Businesses and Households Weigh Economic Pressures
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Senegal Targets $7.3 Billion in Debt Markets Amid Fiscal Challenges
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Tullow Oil Expands Exploration to Gabon in Diversification Drive
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South Africa Cuts Interest Rates as Inflation Stabilises
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Nigeria’s Refining Push Gains Momentum with New License Award
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Nigerian Banks Face Rising Loan Defaults, CBN Reports
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Ethiopia’s Growth Surpasses IMF Forecasts as Reforms Gain Momentum
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Kenyan Banks Face Profit Risks as DRC Crisis Escalates
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ECOWAS to Maintain Trade Ties with Burkina Faso, Mali, and Niger
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Ghana Finalises Key Phase of Debt Restructuring with Official Creditors
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Domestic Investors Drive Nigeria’s 2024 Stock Market Surge
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Africa Guarantee Fund’s $5 Billion Facility to Spur Continental Energy Access
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Namibia to Raise N$1.36 Billion in Treasury Bills Auction
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Burkina Faso Records Third Straight Annual Decline in Gold Production
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World Bank Approves $1.6 Billion for West Africa Electricity Market
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Nigeria Awards 10 Gas Distribution Licenses to Boost Electricity Access
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Angola to Sell 4 Gigawatts
Africa’s Energy Compact Targets Electricity Access for 300 Million
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Cash Withdrawals Surge in Tigray Amid Instability Fears
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Barrick Gold’s Lumwana Expansion to Double Copper Output by 2028
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Ethiopia’s Manufacturing Sector Sees Surge in Financing Amid Reforms
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Nigeria’s Business Activity Returns to Growth in December
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Kazan, Russia. 23rd Oct, 2024. South African President Cyril Ramaphosa listens to speakers during a limited attendance meeting of BRICS leaders during the 16th BRICS summit at the Kazan Kremlin, October 23, 2024 in Kazan, Tatarstan, Russia
South Africa’s Unity Government Faces Rift Over Land Expropriation Law
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Nigeria to Issue 450 Billion Naira in Bonds on January 27
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IMF Delegation to Visit Ghana for Economic Discussions
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Angola Eyes $5.7 Billion Windfall from New Offshore Oil Project
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Mozambique Mining Sector Faces Rising Attacks Following Election Unrest
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Angola’s Economy Posts Robust Growth in 2024 Amid Inflationary Pressures
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Zambia’s Copper Output Rises 12% in 2024 as Mining Investments Surge
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Ghana Appoints New COCOBOD CEO Amid Sector Challenges
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Kenyan President William Ruto (L) and Major General Fatuma Gaiti Ahmed (R) the commander of the Kenya Air Force, after inspecting a guard of honor mounted by Kenya Air Force officers upon his arrival at the Parliament building for his annual State of the
Kenya to Merge and Divest State Corporations in IMF-Backed Restructuring
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Nigeria Advances Refining Capacity with New Refinery License
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Naira Recovery Boosts Confidence in Tinubu's Economic Reforms
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230908 -- LIBREVILLE, Sept. 8, 2023 -- This photo taken with a mobile phone on Sept. 7, 2023 shows a city view in Libreville, Gabon. On Aug
Gabon Targets $1.5 Billion on Debt Market in 2025
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Ghana's Mining Sector Faces Investment Risks Following Growing Unrest
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Zambia Nears Completion of Debt Restructuring as Inflation Outlook Improves
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Kenya Eyes Diaspora Market with Local Currency Bond Debut
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Senegal Inflation Eases to 0.8% in 2024
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Washington, United States. 20th Jan, 2025. WASHINGTON, DC - JANUARY 20: President Donald Trump cuts a cake at the Commander-in-Chief Ball on January 20, 2025 in Washington, DC
Trump’s Africa Policy May Evolve From Neglect to Deals
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Nigerian Telecom Users Face Higher Costs as Regulator Approves 50% Tariff Hike
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Nigeria Targets Up to 1.8 Trillion Naira in Bond Sales for Q1 2025
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Kenya to Phase Out 364-Day Treasury Bills in Debt Strategy Overhaul
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IMF Approves $248 Million Disbursement for Ethiopia Under Reform Agenda
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Côte d’Ivoire Cocoa Farmers Demand Better Prices as Smuggling Surges
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Benin’s $500 Million Eurobond Sale Draws Strong Investor Demand
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Kenya to Halve Foreign Borrowing in 2025 as Domestic Debt Takes Centre Stage
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Nigeria’s New Windfall Tax on Banks Faces Delays and Confusion
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Africa Finance Corporation $500 Million Hybrid Bond Oversubscribed by 150%
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Senegal Plans to Raise $5.7 Billion in 2025 to Bridge Budget Deficit
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Senegal and Mauritania Sign Framework to Manage GTA Gas Project
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Nigeria’s Inflation Hits 34.8% as Food Prices and Seasonal Demand Bite
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Ethiopia Cuts Debt-to-GDP Ratio with Ambitious Economic Reforms
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Maputo, Mozambique. 28th Dec, 2024. Undated - Barricades burn on the streets after the elections in Mozambique
Mozambique’s New President Faces Turbulent Start Amid Opposition Protest
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Asiwaju Bola Ahmed Tinubu, presidential candidate of the All progressive congress (APC), which is Nigeria's ruling party, attends an election campaign ahead of the 2023 Presidential elections in Jos, Plateau state. Nigeria
Nigeria’s GDP Set for Mild Growth Following First Rebase in a Decade
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Asante Gold Unveils Plans for Underground Mining at Bibiani
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Ethiopia Secures 579 Million SDR in IDA Loans for Public and Financial Sector Reforms
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Zambia, DRC Seek Solutions to Ease Kasumbalesa Border Congestion
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Ghana’s New President Dissolves Statutory Boards in Governance Shake-Up
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Côte d'Ivoire Targets $5 Billion in Financing for 2025 Budget
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Wegagen Bank Sets Milestone as Ethiopia's First ESX-Listed Company
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Presco Nigeria’s Landmark Bond Sale Highlights Revival in Corporate Debt Market
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Ethiopia’s Digital Banking Boom Faces Cash Reliance Hurdles
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Kenyan Lending Rates Rise Despite Central Bank Efforts
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Ghana Nominates New Finance Minister to Tackle Debt and Unemployment
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IMF Supports Kenya’s Move to Regulate Cryptocurrency
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Ghana Seeks $90 Million to Prevent Power Crisis
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Angola’s Oil Outlook Casts Doubts on Economic Growth
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Senegal and Mauritania Launch Ambitious Gas Project with Global Impact
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Ghana’s Inflation Hits 23.8%, Surpassing Central Bank Projections
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Kenyan Private Sector Faces Dim Prospects Amid Rising Taxes and Sluggish Growth
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Nigeria Hikes Withholding Tax for Foreign Investors, Lowers It for Locals
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Ghana Readies for Mahama’s Inauguration
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Kenya Airways Resumes Trading on NSE After Four-Year Suspension
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Mozambique Protests Spark Debt Default Fears
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Ghana Treasury Auction Surpasses Target Amid Economic Optimism
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Ghana Upholds $346M Eurobond Payment Amid Economic Recovery Efforts
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Nigeria’s Eurobond Debt Climbs to $17.45 Billion Amid New Borrowing Spree
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Tullow Oil Triumphs in $320M Tax Arbitration Against Ghana
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Ethiopia Eases Credit Growth Limits to Spur Economic Expansion
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Nigeria’s New Securities Law to Usher in Virtual Asset Trading and Enhanced Investor Protections
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Inflation, Debt, and Growth: Africa’s Economic Outlook for 2025
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Kagem Mine Suspension Raises Concerns for Zambia’s Economy
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Côte d’Ivoire Raises $192M to Close the Year on a High
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Nigeria to Defer Domestic Debt Payments in 2025 Amid Fiscal Strains
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Ghana’s President-Elect Launches Bold Anti-Corruption Initiative
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Côte d’Ivoire Launches Its Largest Gold Mine in Push to Diversify Economy
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