Emmanuel Ebube

LAGOS, June 25 – African governments are increasingly turning to total return swaps (TRS) as an alternative source of sovereign financing, allowing …

JOHANNESBURG, June 25 – South Africa’s producer inflation accelerated sharply in May, adding to mounting cost pressures across the economy and reinforcing …

LUSAKA, June 25 – Zambia’s annual inflation rate slowed to its lowest level since early 2018 in June, signalling continued moderation in …

ABIDJAN, June 25 – The International Monetary Fund has completed reviews under several financial support arrangements with Ivory Coast, clearing the way …

HARARE, June 24 – Zimbabwe is exploring resource-backed financing agreements with China to fund major road and railway infrastructure projects, as the …

BEIJING, June 24 – Bank of Africa has signed two strategic cooperation agreements in Beijing aimed at strengthening economic ties between China …

NAIROBI, June 24 – The Kenyan government has signed a 154.2 billion Kenyan shilling (about $1.2 billion) agreement with China Road and …

ABU DHABI, June 23 – Abu Dhabi National Oil Company (ADNOC) has held high-level discussions with Aliko Dangote, President and Chief Executive …

RABAT, June 23 – Bank Al-Maghrib has kept its benchmark interest rate unchanged at 2.25%, maintaining the level first set in March …

CAIRO, June 23 – British International Investment (BII), a UK government body for financing ​overseas development projects has announced plans to increase …