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Kenya forecasts budget deficit will fall to 3.5% of GDP next fiscal year

By: Reuters     17th September 2024 Kenya's finance ministry forecasts a fall in the budget deficit to 3.5% of gross domestic product in the 2025/26 fiscal year that starts next July,... 

Rand currency

Africa’s largest economies to change course on rates for first time in years

By: Bloomberg     17th September 2024 Central banks in two of Africa’s largest economies — South Africa and Nigeria — are set to change course on interest rates for the first time in... 

Nigerian flag

Nigerian inflation falls for second straight month in August

By: Reuters     16th September 2024 Nigeria's headline consumer inflation fell for the second month in a row in August, to 32.15% year-on-year from 33.40% in July, data from its... 

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Kenya begins national debt audit, finance minister says

By: Reuters     16th September 2024 Kenya's auditor general has started to examine the country's debt to ascertain the amounts owed to various creditors, Finance Minister John Mbadi... 

Mpox virus test tube

WHO clears Bavarian Nordic's vaccine as first shot against mpox

By: Reuters     13th September 2024 The World Health Organization said on Friday it had cleared Bavarian Nordic's vaccine as the first shot against mpox. The approval, known as a... 

President William Ruto

IMF staff in Kenya for fact-finding mission after protests

By: Reuters     13th September 2024 team of staff from the International Monetary Fund is visiting Kenya on a fact-finding trip, the IMF said late on Thursday, part of efforts to... 

Nigerian communities seek $310-million from Shell, want asset sale stopped

By: Reuters     13th September 2024 Nigerian communities are claiming 505-billion naira in damages from Shell, which they accuse of breaching an existing court order by striking a... 

Libya still cut off from foreign banks, ousted central banker says

By: Reuters     13th September 2024 Libya's central bank, at the centre of a weeks-long crisis that has slashed oil output, remains cut off from the international financial system,... 

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