Egypt’s Central Bank To Cut Interest Rates
21/08/2019Egypt’s central bank is expected to cut key interest rates by around 5 percent until the end of 2020, a chief economist said on Tuesday. But its next gathering could.
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Economy
Guinean Government Delays Simandou Tender
07/08/2019Guinea has pushed back its deadline to withdraw tender documents for blocks 1 and 2 of Simandou in an effort to boost competition for the world’s largest undeveloped iron ore.
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Economy
Ghana Raises Cocoa Price by 5.2%
06/08/2019Ghana will raise cocoa farmgate prices by 5.2% for the 2019/20 season, the first increase in four years, following strong sales of export contracts to chocolate makers and cocoa houses,.
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Economy
Egypt Rises in Global Innovation Index
03/08/2019This year’s report by the Global Innovation Index showed that Egypt has remarkably jumped ten spots from its ranking (105) in 2017 and three spots from its 2018 ranking. Egypt.
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Economy
Zimbabwe’s Treasury Bill, Oversubscribed- Ncube
03/08/2019Zimbabwe’s central bank said on Friday its first Treasury Bill auction in seven years, aimed at raising $3.25 million, was oversubscribed more than four times as the government started open.
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Economy
Zimbabwe to Raise First T-Bills in Seven Years
01/08/2019Zimbabwe’s central bank on Wednesday sought to raise 30 million Zimbabwe dollars ($3.27 million) at its first public auction of treasury bills since 2012. Between 2013 and last year, the.
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Economy
SA Rand steady; Focus on Unemployment
30/07/2019South Africa’s rand steadied against the dollar in early trade on Monday, but the currency hovered near a 4-week low hit last week after rating agencies Fitch and Moody’s warned.
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Economy
Nigeria Plots Course to Membership of Africa’s Planned Free Trade Zone
30/07/2019Nigeria is backing its commitment to join Africa’s recently agreed free trade zone by setting up a committee to implement the agreement, and promising new laws where necessary to enact.
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Economy
Zambian Economy to Grow by 2.5%
25/07/2019Zambia’s economy is projected to grow by around 2.5% this year, down from an initial projection of almost 4%, Finance Minister Bwalya Ng’andu said. Africa’s second-largest copper producer has encountered.
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Economy
Nigeria, Siemens Agree Road Map to Increase Power – Buhari
22/07/2019According to President Muhammadu Buhari, Nigeria and German company Siemens have agreed a road map to increase Nigeria’s “reliable” power supply to 11 000 MW by 2023. The president of.
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