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
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
Ghana’s annual consumer inflation slowed for the ninth consecutive month in September, easing to 9.4% from 11.5% in August.| Finance in Africa
On Tuesday, Kenya's central bank cut its benchmark lending rate to 9.50%, the lowest since May 2023, to boost growth as inflation rises to 4.1% and business activity contracts further.| Finance in Africa
Kenya’s insurance profit slumps 42% on weaker investment income| 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