Kenya cuts rates again despite mounting price pressures | Finance in Africa
Muhammad Sanusi II, Emir of Kano and former central-bank governor, warns that Nigeria’s early monetary loosening risks reigniting inflation and undoing recent gains in economic stability.| Finance in Africa
Kenya’s central bank has lowered its benchmark lending rate for the eighth consecutive time, trimming it by 25 basis points to 9.25%.| Finance in Africa
The Central Bank of Kenya (CBK) has unveiled draft regulations requiring all credit guarantee firms operating in the country to hold a minimum core capital of KES 1 billion ($7.86 million).| Finance in Africa
The central bank has indicated it could lower its benchmark rate if inflationary pressures persist in easing.| Finance in Africa
Ghana’s former Minister of Finance, Ken Ofori-Atta, has once again been declared wanted after failing to appear for questioning on Monday.| Finance in Africa
Ethiopia's Central Bank has raised the banking sector credit cap to 24%, despite plans to fully lift the Cap as planned in September, amid falling inflation.| Finance in Africa
Egypt’s annual inflation slowed for the fourth straight month in September, falling to 11.7% from 12% in August, according to CAPMAS .| Finance in Africa
Kenya’s inflation accelerated in August to 4.5% from 4.1% in July, hitting a 14-month high after the CBK delivered its seventh consecutive rate cut.| Finance in Africa
Amarachi is a finance writer with a knack for turning complex economic data into compelling stories. With over half a decade of writing experience—spanning content creation, journalism, and on-the-ground reporting—she found herself in finance by accident but stayed for the thrill of decoding numbers that shape economies. Now, she covers the policies, trends, and market shifts that drive Africa’s financial landscape, making crucial information accessible to readers across the continent. | Finance in Africa
Ghana’s 2035 Eurobond rose slightly on Monday, trading at 71.43 cents to the dollar, data from Borshë Frankfurt shows.| Finance in Africa
