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World Bank aid freeze will anger Uganda

Location:

UGANDA

UGANDA: World Bank aid freeze will provoke anger

Central bank moves may check Nigeria's currency fall

Location:

NIGERIA

These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.

Kenya faces growing fiscal consolidation challenges

Location:

KENYA

The weakness of the Kenyan shilling, which is constantly hitting new record lows, has generated so much concern that, on October 24, parliament summoned the central bank governor…

Zimbabwe may struggle to resolve its economic crisis

Location:

ZIMBABWE

This translates into soaring prices for essential goods with dire implications for the estimated 43% of the population living in extreme poverty. Contributing to the situation is…

Bleak economic indicators will be the norm in Sudan

Location:

SUDAN

Nevertheless, for the first time since the war broke out, the central bank has presented a monetary policy strategy and the finance ministry a budget.

Kenya’s new budget targets significantly lower deficit

Location:

KENYA

After redeeming much of its USD2bn Eurobond in February, the government has effectively dispelled fears of a default. Nevertheless, it remains under pressure to consolidate public…

Ethiopia faces tough monetary and fiscal rebalancing

Location:

ETHIOPIA

Numerous domestic and external shocks have rocked the macroeconomic environment in recent years, aggravating high inflation and chronic foreign exchange (forex) shortages…

Kenya’s Hustler Fund may survive early challenges

Location:

KENYA

The fund is an ambitious, complex and unorthodox approach to boosting financial inclusion and providing credit to citizens and small businesses, but it is not uncontroversial.

Mozambique faces difficult days ahead

Location:

MOZAMBIQUE

Beyond the major security and humanitarian concerns this is generating, it has also worried investors who were already hesitant about supporting the restart of liquefied natural…

Geothermal energy production will grow in East Africa

Location:

EAST AFRICA

The plan envisages a massive expansion of geothermal energy, through the sinking of 57 new wells across six major steam fields, which would make Kenya the world’s fourth-largest…