Latest Business News

Egypt: Banks’ High Yield CDs Accumulate EGP 460million in Less Than a Month

Proceeds from the 25 percent and 22.5 percent saving certificates of deposit

Cameroon: Government Reach Staff-level Agreement with IMF on a $74.6 million Bailout

The Cameroonian government has reached a staff-level agreement with the International Monetary

Kenya: Central Bank retains Lending Rate at 8.75%

The Central Bank of Kenya (CBK) has retained the country's base lending

Ghana has seen some progress with its Domestic Debt Exchange program after a month

One of the initiatives the country established in 2022 was its Domestic

Nigeria’s credit woes continue as Moody’s issues second downgrade in 3 months

Moody's Investors Service has downgraded the credit ratings of the Nigerian government

Currency convertibility in Africa costs US$5 billion annually, says Wamkele Mene

The secretary general of the African Continental Free Trade Area (AfCFTA), Wamkele

Libya’s gas deal with Italy prompts backlash

Key Libyan political figures have rejected an $8bn (£6.4bn) gas production deal

Zambia: Transport Mimister Tayali Optimistic LCTFA will Unlock Business Potential of Lobito Corridor

Zambia's Minister of Transport and Logistics, Museba Frank Tayali, is optimistic that

Fuel prices in Ghana to increase by 7%-13% from Feb. 1 – IES

The Institute for Energy Security (IES) is predicting between 7% and 13%