Central banks urged to ease monetary policies to drive growth
Apex bank governors at the ongoing AfDB annual general meeting said the high cost of credit is taking a toll on the ...
Africa
AfDB calls for reforms to global financial design
• Nmehielle says the needed transformation is still work in progress. • He was speaking at one of the events during ...
African states meet to tackle illicit cross-border trade
New cross-border policies needed to ensure the culprits are apprehended.
Banks feted at global awards celebrating innovation
Under Best Islamic trustee, HSBC emerged top followed by Maybank
AGL keen to streamline supply chains, boost intra-African trade
The firm is part of Mediterranean Shipping Company.
DP World fights back against Djibouti's seizure of shares in key terminal
The global port operator says Djibouti is violating a recent High Court ruling.
Research reports the rise of betting addiction in Kenyan youths
Kenya has transformed from dingy betting parlours to extensive online activity.
4mo ago News
IMF upgrades S-Saharan Africa GDP growth to 3.8%
This is on the back of a subside in the negative effects of earlier weather shocks
Senators question KNTC edible oil imports deal
The senators raised concerns over KNTC MDs continuous failure to give details on the oils
Sub-Saharan currencies hit, driving up cost of living
Sub-Saharan currencies hit, driving up cost of living
Tourism sector growth to add Sh25.2tr to Africa's economy
Kenya and Rwanda have announced visa free entry for Africans
Africa needs strong corporate banks to drive development
Banking isn’t just about numbers and profits, it’s also about improving lives and communities
China's economic slow down to hurt Africa - IMF
Kenya, Angola, Zambia, Cameroon, and Nigeria account for 55% bilateral debt to China.
Shelter Afrique upgrades to a development bank
This was during the Extraordinary General Meeting (EGM) in Algiers, Algeria between 4th -5th of October.
New oil storage terminal opened to serve Horn of Africa
It will enable vessels up to 80,000mt to call.
10mo ago Africa
IMF downgrades Sub Saharan Africa GDP growth to 3.5%
This is before rebounding to 4.1 per cent next year.
Prioritise value addition to boost manufacturing – Mwangi
Mwangi says the continent controls 30 to 35 per cent of the global natural resources, a great potential for production.
AfDB upgrades Kenya’s growth prospects to 5.6% this year
The lender attributes the projection to fairly diversified production structures and a decline in commodity prices.
Tech can ease Africa's aid dependency - survey
This could offer Africa the chance to become a strategic partner to the rest of the world
Africa needs to trade in high-value goods for growth - ...
Infrastructure improvements as well as a review of trade agreements required.