Most Recent World News

CBN Purchases Domestic Gold to Strengthen the Naira and Foreign Reserves

The Central Bank of Nigeria (CBN) has announced the addition of a fresh batch of locally sourced gold, refined to the internationally recognised standards of the London Bullion Market Association.

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Uganda Central Bank’s Gold Programme: Macro Strategy or Safe Haven Play?

Uganda’s central bank has announced the launch of a domestic gold purchase programme, marking a strategic pivot in the country’s approach to macroeconomic stability. Beginning in March 2026, the Bank.

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Zimbabwe Central Bank Holds Policy Rate at 35%

Zimbabwe’s central bank has chosen to keep its benchmark interest rate at 35%, despite inflation slowing sharply to 3.8% year-on-year in February 2026, indicating a deliberate shift to stability first,.

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Nigeria’s MPC Lowers Benchmark Rate to 26.5%, Retains CRR at 45%

‍Nigeria has reduced its benchmark interest rate by 50 basis points, bringing the Monetary Policy Rate down from 27 per cent to 26.5 per cent at the 304th meeting of.

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Afreximbank Injects $8B into South Africa’s Economy: Trade, Jobs and Growth in Focus

South Africa has reached a significant milestone in its economic development with the African Export Import Bank (Afreximbank) unlocking a landmark US $8 billion financing commitment aimed at bolstering the nation’s recovery,.

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Financial Safety Nets: Is Africa Building a Banking Crisis Firewall?

In the aftermath of repeated global financial crises over the last two decades, financial safety nets have become an indispensable component of sovereign financial architecture. Major advanced economies such as.

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Inflation Eases to 3.5%: South Africa Eyes Potential Monetary Relief

Consumer prices in South Africa moderated in January 2026, with headline inflation easing to 3.5 per cent year-on-year, down from 3.6 per cent in December, according to Statistics South Africa. This marks the tenth.

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Decoding South Africa’s Strategic Rate Hold in 2026

The South African Reserve Bank (SARB), opted to hold its benchmark repo rate at 6.75 per cent at its first monetary policy meeting of 2026, a decision that highlights the.

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Ghana Joins the Global Easing Cycle as Inflation Falls Sharply

Ghana’s monetary authorities have taken a decisive step in recalibrating the country’s economic levers, cutting the central bank’s benchmark interest rate to 15.50 per cent in January 2026, the lowest.

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Analysing the Landmark Nedbank Bid for Kenya’s NCBA Bank

South Africa’s Nedbank Group is offering to acquire a 66% controlling stake in Kenya’s NCBA Group. The 13.9 billion rand (approximately $856 million) cash-and-stock transaction is a strategic bet on.

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