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The African Development Bank Group and Eritrea have signed a $19.5 million agreement to fund the Desert to Power Eritrea 12 MW Mini Grid Project. This initiative aims to create …
Desert to Power: A Transformative Initiative for Eritrea’s Energy Sector Read More
Nigeria’s inflation rate fell to 23.18% in February from 24.48% in January, after the National Bureau of Statistics rebased the Consumer Price Index. Following President Tinubu’s measures last year, inflation …
Nigeria’s Inflation Rate Declines to 23.18% Year-on-Year in February Read More
Peru’s Central Bank remains firm on an interest rate of 4.75%, closely monitoring inflation amidst global trade tensions. The country registers one of the lowest inflation rates among emerging markets, …
Peru’s Central Bank Maintains Steady Interest Rates Amid Global Trade Tensions Read More
Donald Trump’s reintroduction of tariffs during his second presidency impacts Kenya, disrupting global trade dynamics and affecting the economy. The tariffs challenge Kenyan exports, threaten remittances, and elevate living costs. …
Impact of Trump’s Tariffs on Kenya: A Need for Economic Adaptation Read More
The World Bank is reviewing $900 million in financing for five initiatives in Jordan, focused on economic reform, social protection, and entrepreneurship. Key investments include $400 million for enhancing social …
World Bank Evaluates $900 Million Financing for Jordan’s Economic Development Read More
Finance Minister Dr. Cassiel Ato Forson has rejected taxpayer-funded recapitalization for the Bank of Ghana, urging asset sales and expenditure cuts. He highlights the risk of sacrificing public services for …
Finance Minister Advocates for Internal Solutions Over Taxpayer Funds for BoG Recapitalization Read More
Vice President Professor Jane Naana Opoku-Agyemang swore in the new governing board of the Bank of Ghana on March 13, emphasizing the need for dynamic leadership to address economic challenges. …
Vice President Swears in New Governing Board of the Bank of Ghana Read More
The Bank of Ghana inaugurated a new Board of Directors led by Governor Dr. Johnson Asiama, highlighting their commitment to financial stability and addressing economic challenges such as inflation and …
Inauguration of New Board of Directors at Bank of Ghana Read More
The South Africa-EU summit aims to strengthen trade and diplomatic ties, significantly influenced by the implications of U.S. policies under President Trump. Key discussions will focus on economic cooperation, addressing …
South Africa-EU Summit: Enhancing Trade and Diplomatic Ties Amid U.S. Policy Challenges Read More
KCB Bank, in collaboration with Compass Plus Technologies, has introduced Kenya’s first platinum multi-currency prepaid card. This card allows transactions in 11 currencies without incurring standard exchange fees. The partnership …
KCB Bank Launches Kenya’s First Platinum Multi-Currency Card Read More