Kenya cuts rates again despite mounting price pressures | Finance in Africa
Business activity in Nigeria slipped to a three-month low, despite easing inflation supported by relative exchange-rate stability and seasonal factors.| Finance in Africa
In an operating environment marked by high inflation, weak consumer purchasing power, and multiple taxes, women entrepreneurs are quietly outperforming their male peers.| Finance in Africa
Nigeria is weighing its first interest rate cut in five years as inflation cools and foreign capital begins to return.| Finance in Africa
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
Malawi has secured a $350 million grant from the World Bank to support the development of a landmark hydropower storage project.| Finance in Africa
South Africa’s annual inflation eased to 3.3% in August from 3.5% in July, marking the first slowdown in five months.| Finance in Africa
Ghana will begin refining gold locally from October 2025 as part of efforts to lift export revenue and strengthen its position in the bullion trade| Finance in Africa
Botswana has established a new sovereign wealth fund to stabilise its ailing economy, amid falling diamond revenues.| Finance in Africa
