Regions
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Counties pending bills up Ksh.159bn in seven months to March 2023
At the beginning of every financial year, the 47 counties have traditionally, four sources of revenue to spend for the…
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Nigeria: Denominating Government Security to the US Dollar
The biggest African economy, Nigeria, has for a long time been operating multiple foreign exchange windows that has overtime led…
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Sudan’s cattle export up 2.7 million amid clashes
Sudan’s Ministry of Animal Resources and Fisheries announced on Sunday the country had exported 2.7 million heads of cattle so…
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Why more countries want to join BRICS
BRICS, an emerging market group that includes Brazil, Russia, India, China and South Africa, will hold its 15th annual gathering,…
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African currencies under pressure on continued higher US interest rates
Weaker currencies make the fight to curb inflation harder given that majority of African countries dependend on imports Since the…
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Nigeria’s Eurobonds drop as President Tinubu says no need for petrol price rise
Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more,…
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Ruto says risk profiling locking Africa out of credit access
President William Ruto said derisking Africa will foster better relations between the public and private sectors for the common good.…
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Russia’s central bank hikes rates to 12 percent to halt rouble’s slide
Russia’s central bank has hiked its key interest rate by 350 basis points to 12 percent, an emergency move to…
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Google to offer $1.6 million grant for 1 million digital jobs in Nigeria
Google has set aside $1.6 million as a grant to help the Nigerian government create over a million digital jobs…
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Uganda cuts policy rate in more than 2yrs as inflation eases
This is after Uganda’s inflation fell to 3.9% year-on-year in July, down from 10.4% in January this year and below…
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