The Kenyan shilling is expected to receive cushion from the upcoming sovereign bond floated later this month. This is sub-Saharan Africa’s biggest Eurobond of two...
Ghana’s falling currency has fueled smuggling of as much as 100,000 tons of cocoa into neighboring Ivory Coast since October, reversing a trend, industry sources said....
South Africa’s rand went up in gains to a 2014 high of 10.2725 against the dollar on Tuesday. The currency broke through a 10.3000 technical level...
Tanzania’s energy regulator raised the price of petrol in east Africa’s second-biggest economy on Wednesday but cut diesel and kerosene prices, citing a weaker local currency...
Ghana’s economy grew 5.5 percent in 2013, less than the 8 percent targeted by the government, the International Monetary Fund said on Wednesday. The 2013 fiscal...
Ghana will look toward boosting its local industries to strengthen its economy, President John Dramani Mahama said in his annual state of the nation address in...
Nigeria’s central bank announced new rules on Friday requiring currency dealers to put naira in their accounts at the bank two days before bidding in its...
Ghana’s central bank is likely to raise its policy rate by at least 100 basis points on Thursday to 17 percent in a drive to tame...
Grenada Prime Minister Tillman Thomas Standard & Poor’s (S & P) has lowered its foreign currency sovereign credit ratings on Grenada following a missed bond payment,...
