Browsing: Finance

Abidjan, June 2025 – Following its latest assessment, Bloomfield Investment Corporation has confirmed the long-term rating of Bank of Africa…

The Consumer Price Index (CPI) in South Africa recorded a moderate increase of 0.2% in May compared to April, according…...

Between 2020 and 2024, Cameroon has a deficit in its foreign exchange operations at the Central Bank of Central African…...

The Central Bank of Namibia has decided, on Wednesday, June 18, to keep its main key rate unchanged at 6.75%.…

In May 2025, the annual inflation rate in South Africa remained unchanged at 2.8%, in line with analysts’ forecasts, according…...

The Bank of Tanzania (BOT) has signed agreements to purchase 20% of the gold extracted from the country in order…...

Between May 30 and June 6, 2025, the General Tax Directorate (DGI) collected 932 billion Congolese francs, equivalent to approximately…...

In line with its strategy to mobilize internal and regional resources, the State of Senegal, through the Public Treasury, will…

Coris Bank International officially launched its Chadian subsidiary on June 18, marking its entry into the banking market of the…

Fitch Ratings agency upgraded Ghana’s long-term foreign currency issuer default rating (IDR) from “Restricted Default” (RD) to “B-” on Monday,…

The Central Bank of Nigeria (CBN) has issued a new strict directive aimed at strengthening the financial stability of the…

Ecobank Togo recorded a net profit of 15.8 billion CFA francs (around 28 million USD) at the end of the…

The Ugandan government aims to collect $10.33 billion in taxes during the financial year starting in July, Finance Minister Matia…

As of May 31, 2025, Morocco’s budget deficit stands at 22.85 billion dirhams (approximately 2.08 billion euros), compared to 11.23…...

Since May 27, 2025, Cameroon has made the payment of the 3rd tranche of its 2022-2029 bond loan. This information…...

1 USD = 9.16690 MAD. Wafa Assurance has made a strong start to the 2025 financial year, reporting a consolidated turnover…...

Kenya paid $48 million to a French consortium without the approval of the Parliament for breach of a construction contract.…...

Kenya’s ministry of finance plans to sell a big stake in Safaricom before the fiscal year ends in June, the…...

Rwanda’s Central Bank has maintained its key interest rate at 6.5 percent in its latest Monetary Policy Committee meeting, citing…...

Kenya is considering a ban on cashless payments for routine consumer transactions under a new amendment to the Central Bank…...

Investors have snubbed Ethio Telecom’s shares offered in an initial public offering (IPO) amid local investment rules in the Horn…...

New banks will be allowed to operate in Kenya as long as they meet the minimum core capital requirements, the…...

Africa loses $88.6 billion annually to illicit financial flows (IFFs), a new report shows. The Illicit Financial Flows in Africa—which…...

Listed lender Stanbic Bank has cut a deal with Kenya’s criminal investigations body to stop the police from looking into…...

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The Nairobi Securities Exchange (NSE) among other East African stock markets suffered losses on new United States tariffs imposed in…...

Kenya’s Treasury will force virtual currency exchanges and wallet providers to disclose cryptocurrency owners, if Members of Parliament (MPs) approve…...

Kenya’s trade with the United States was dealt a blow after President Donald Trump signed a new executive order imposing…...

Ecobank Kenya has raised its capital base to $65 million after injecting $27 million in fresh capital that will support…...

In 2024, Sanlam Morocco delivers a solid financial performance, marked by a notable improvement in profitability. Net income increased by…...