African News
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,... →
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 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... →
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... →
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... →
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,... →
