World Bank Admits Nigeria Exited Recession Faster Than Expected
The World Bank has admitted Nigeria moved out of last year’s recession faster than expected. The bank, in…
IMF Approves $2.34 Billion Kenya Covid-19 Grant
The wait appears to be over for Kenya as the Executive Board of the International Monetary Fund –…
Kenya’s Inflation Rises Steadily on a Ten-Month High
Kenya’s annual inflation has risen to 5.9% in March. This is the highest rate in 10 months, from…
Skyhigh Debts: Nigeria Goes After Defaulters
The Nigerian government is set to recover more bad loans. About N5.2 trillion debt owed Africa’s largest economy…
IMF Grants South Sudan $174.2 Million COVID-19 Facility
The International Monetary Fund (IMF) has approved a disbursement of $174.2 million to South Sudan under the Rapid…
Kenya Seeks Debt Service Suspension Extension
Kenya is seeking an extension of the Debt Service Suspension Initiative (DSSI) to June 2022. This will give…
Morocco, China Move to Mine Gold in Sudan
Moroccan mining company, Managem, has signed a announced a partnership with the Wanbao Mining Group, for the development…
Kenya Power Increases Electricity Tariff
Kenyan electricity consumers will pay KSh 1.20 more per unit or an extra KSh 1 billion to Kenya…
Flutterwave, PayPal Team up on Payments Across Africa
Nigerian Fintech company Flutterwave is teaming up with U.S. payments giant PayPal to enable PayPal customers pay African…
South Africans Happy with 2021 Budget Presentation
Anticipation, and many other emotions had run wild among South Africans before Finance Minister, Tito Mboweni read out…
