The appointment announced on Friday comes as Ethiopia grapples with currency instability, heavy debt obligations and an ambitious programme to liberalise its financial sector.| Finance in Africa
The South African Reserve Bank (SARB) kept its benchmark repo rate steady at 7% on Thursday, citing inflationary concerns.| Finance in Africa
Ghana’s central bank lowered its benchmark lending rate by 350 basis points to 21.5% from 25% as inflationary pressures ease further.| Finance in Africa
Nigeria’s headline inflation fell for the fifth consecutive month to 20.1% in August, easing from 21.8% in July, according to new NBS data.| 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
Nigeria’s central bank is expected to resume its monetary easing cycle in the second half of 2025, as disinflation gains momentum.| Finance in Africa