Ethiopia’s International Bond Jumps After Restructuring Caps Haircut at 15%
London, Jan 6 – Ethiopia’s sole international bond jumped sharply on Tuesday after the government reached an…
Category: Economy
Nigeria Current Account Surplus Seen Rising to $18.8 Billion in 2026, CBN Says
Abuja, Jan 5 – Nigeria’s current account surplus is projected to widen to $18.81 billion in 2026,…
Nigeria’s Central Bank Forecasts 2026 Growth at 4.49%, Inflation Easing to 12.94%
Abuja, Dec 30 – Nigeria’s central bank projects economic growth of 4.49% in 2026, with average inflation…
Egypt’s Industrial Production Index Rises 4.7% in October 2025
Cairo, Dec 30 – Egypt’s industrial production index for manufacturing and extractive industries excluding crude oil and…
Ghana and Afreximbank Resolve $750 Million Financing Facility
Accra, Dec 26 – The Government of Ghana and the African Export-Import Bank have announced the successful…
Egypt Delivers Fifth Rate Cut of Year as Inflation Cools
Cairo, Dec 26 – Egypt’s central bank delivered its fifth interest-rate cut of the year on Thursday,…
Nigeria’s Fiscal Deficit Hits $4 Billion in First Half of 2025
ABUJA, Dec 24 – Nigeria posted a N5.7 trillion ($4 billion) fiscal deficit in the first half…
IMF Reaches Staff-Level Agreement on Egypt’s Fifth and Sixth Loan Programme Reviews
CAIRO, Dec 23 – The International Monetary Fund said on Tuesday it had reached a staff-level agreement…
Nigeria Projects 4.28% of GDP Budget Deficit in 2026
LAGOS, Dec 22 – Nigeria expects its budget deficit to reach 4.28% of gross domestic product in…
Kenya Sees Budget Deficit Widening to 5.3% of GDP in 2026/27
NAIROBI, Dec 19 – Kenya expects its budget deficit to widen to 5.3% of gross domestic product…