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Sierra Leone’s GDP growth is forecasted to rise from 4.1% in 2024 to 4.5% in 2025, driven by increased public sector wages and purchasing power. However, risks such as currency …
Sierra Leonean Growth to Accelerate Amid Rising Private Consumption in 2025 Read More
Standard Bank reported a 4% rise in annual profit, reaching 44.5 billion rand ($2.42 billion) for the year ending December 31. The bank declared a final dividend of 763 cents …
Standard Bank Reports 4% Increase in Annual Profit Read More
Standard Bank, South Africa’s largest lender, reported a 4% increase in annual profit, reaching 44.5 billion rand for the year ending December 31, and declared a final dividend of 763 …
Standard Bank Reports 4% Annual Profit Increase in 2022 Read More
I&M Bank Rwanda reported a 74% increase in net profit to Rwf18.6 billion in 2024, driven by strategic asset management and new product offerings. Customer deposits grew by 22%, and …
I&M Bank Rwanda Reports 74% Increase in Net Profit for 2024 Read More
The RMB/BER business confidence index in South Africa held steady at 45 in Q1 2025, marking a near three-year high. Despite this, four out of five sectors saw declines in …
South Africa Business Sentiment Remains Stable at Near Three-Year High Read More
Moody’s Rating Agency indicates a stable outlook for Uzbekistan’s banking sector in 2024, with problem loans increasing to 7%. Continued state support for large banks is expected to maintain financial …
Uzbekistan’s Banking Sector Outlook Remains Stable Amid Rising Problem Loans Read More
In February, Kenya’s private sector growth remained consistent, indicated by a PMI of 50.6, up from 50.5. Key sectors driving this growth included agriculture, manufacturing, and construction, although wholesale and …
Kenya’s Private Sector Growth Remains Stable Amidst Cautious Outlook Read More
South Africa’s economy grew by 0.6% in Q4 2024, avoiding recession despite falling short of the 0.9% forecast. Key contributing sectors included agriculture, finance, and trade. Yearly growth was recorded …
South Africa’s Economy Demonstrates Resilience by Dodging Recession Read More
MTN Ghana reported a 34.5% revenue increase for 2024, driven by rises in subscribers and MoMo users. Mobile subscribers grew by 6.5% to 28.5 million, and active MoMo users rose …
MTN Ghana Achieves 34.5% Revenue Growth in 2024 Amid Economic Challenges Read More