Kenya’s credit rating has been downgraded to Caa1 by Moody’s Investors Service, a deeper descent into junk status for the East African nation. The downgrade comes...
Kenya’s National Treasury will significantly reduce expenditure and take on additional loans to compensate for the revenue plans it was forced to abandon following deadly protests....
Namibia, known for its stunning landscapes like the Skeleton Coast and the Namib Desert, is fast becoming more than just a tourist hotspot. With recent monumental...
In a significant move to combat food shortages in the region, Tanzania has agreed to supply 650,000 tons of corn to neighboring Zambia. The agreement signed...
The International Monetary Fund (IMF) has approved the immediate disbursement of $360 million to Ghana following the country’s successful debt restructuring agreement with its official creditors....
Kenya’s sovereign dollar bonds experienced a sharp decline following President William Ruto’s decision to abandon a $2.3 billion fiscal plan aimed at balancing the budget and...
Kenyan President William Ruto has announced the deployment of 400 police officers to Haiti, marking a significant step in international efforts to combat the escalating gang...
Cyril Ramaphosa was sworn in for another term as South Africa’s president on Wednesday, the beginning of a new era under a coalition government. The ceremony...
Ghana’s economy showed impressive growth in the first quarter of 2024 with the Gross Domestic Product (GDP) expanding by 4.7% compared to the same period last...
Experts are forecasting a robust growth trajectory of 4% for the continent in 2025. This optimistic projection was highlighted during the ongoing Afreximbank annual meetings, incorporating...