Nigeria Tests Waters for Possible Broad Naira Devaluation
21/02/2017Nigeria effectively devalued the naira for private individuals on Monday, paving the way for a possible broader move despite stiff resistance from.
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World Bank Sees Zambia Economic Growth at 4 Percent in 2017
20/02/2017Zambia’s economic growth is seen rising to 4 percent in 2017 and 4.2 percent in 2018, the World Bank said on Monday,.
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African capital markets decline in 2016 says PwC report
17/02/2017Barnabas Thondhlana The year 2016 marked a challenging year for African equity markets in the wake of lower economic growth and political.
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Zimbabwe Banks Holding $120 Million in Cash: Central Bank
16/02/2017Zimbabwean banks are holding $120 million in cash and double that in offshore accounts, the central bank said in a statement on.
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IMF May Consider Extending Ghana Aid Deal, Says Its Ghana Country Head
16/02/2017The International Monetary Fund (IMF) may consider extending its three-year aid deal with Ghana if the new government requests an extension, the.
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South Africa’s Unemployment Falls To 26.5 Pct in Q4 2016
15/02/2017South Africa’s unemployment rate in the fourth quarter of last year retreated from its highest in 13 years as key sectors hired.
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Egypt Making Good Progress in IMF Programme, Lagarde Says
14/02/2017Egypt is making good progress in its $12 billion loan programme with the International Monetary Fund and its currency may be stabilising.
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Automakers Seen Investing $615 Mln in South Africa This Year: NAAMSA
13/02/2017South Africa’s automotive sector capital expenditure is projected to rise to 8.2 billion rand ($615 million) this year from 6.4 billion rand.
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Mali’s Estimated Gold Reserves Climb To 822 T – Mines Ministry
10/02/2017New discoveries by mining companies have increased Mali’s estimated gold reserves to 822 tonnes, or around 16 years of output at current.
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Nigeria Parliament Approves Plan to Sell $1 Billion Eurobond
08/02/2017Nigeria’s parliament has approved the government’s request to sell a $1 billion Eurobond on the international debt market to help finance its.
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