Nigeria raises N106bn from local bonds at high 16.25% amid gloomy outlook on revenue
Nigeria’s Debt Management Office (DMO) Wednesday raised about N106 billion through the Federal Government of Nigeria (FGN) Bonds. The
Rwanda’s Inflation slows to 4.8% in June on reduced food prices
Rwanda’s Inflation rate dropped to 4.8 percent in June compared to 6.5 percent recorded in May, the National Institute of Statistics
Nigeria cannot afford to “borrow anymore,” finance minister says
Kemi Adeosun, Nigeria Minister of finance said Tuesday that the country must not borrow more to fund its budget and should instead
Nigeria seen posting modest 0.8% growth in 2017
The Economist Intelligence Unit (EIU), a member of The Economist Group, is projecting a modest growth of 0.8 percent for Nigeria for
Nigeria’s 2019 elections projected to push fiscal deficit to 20-year high of 2.8% of GDP
Nigeria’s central government would continue its expansionary fiscal stance into 2017-18 in an effort to drag Nigeria out of the
Hope seen for cheaper funds as Nigeria keys into IMF data transparency standards
There are hopes for Nigeria and other emerging market economies that are transparent with their data to borrow cheap from
IMF warns South Africa over economy’s vulnerability
The International Monetary Fund warned South Africa Thursday over extreme vulnerability of the country’s economy to external
Congo faced with economic crisis requests financial support from donors
Democratic Republic of Congo’s government has formally requested financial support from international donors as it confronts a
African Union mulls 0.2% levy on imports to check foreign donor reliance
The African Union is planning a 0.2 percent levy on all eligible imports that enter a member country from outside the
South Africa unveils action plan to boost economy growth- Finance minister
South Africa’s Treasury will unveil an action plan on Friday detailing structural changes and timelines to boost growth to 6