LAGOS, Feb 24 – The Central Bank of Nigeria has reduced its benchmark interest rate by 50 basis points to 26.50%, marking …
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Central bank
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LUSAKA, Feb 11 – Zambia’s central bank reduced its benchmark lending rate by 75 basis points to 13.50% on Wednesday, delivering a …
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NAIROBI, Feb 10 – Kenya’s central bank has reduced its benchmark interest rate for the tenth consecutive time, extending one of the …
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LAGOS, Feb 9 – The Central Bank of Nigeria has announced that its 304th Monetary Policy Committee meeting will take place over …
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Development Finance
Africa’s Institutional Capital Pools Near $2 Trillion as Domestic Investment Push Gains Momentum
JOHANNESBURG, Feb 7 – Africa’s central banks, sovereign wealth funds and public pension institutions together now control an estimated $1.7 trillion in …
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JOHANNESBURG, Jan 28 – Africa’s first round of interest rate decisions for the year is set to begin, with only a handful …