Macro Economic News - Serrari Group

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Kenya Leads Regional Horticultural Growth Initiative May 13, 2024

Bank of England Holds Rate at 16-Year High, Signals Looming Cut May 13, 2024

IFC and World Bank Partner to Foster Private Sector Growth in Egypt May 13, 2024

Kenya’s Doctors and Government Reach Historic Agreement to End Strike May 9, 2024

US Job Growth Slows, Unemployment Ticks Up: Federal Reserve Takes a Cautious Stance May 10, 2024

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Macro Economic News

Kenya Leads Regional Horticultural Growth Initiative

Bank of England Holds Rate at 16-Year High, Signals Looming Cut

IFC and World Bank Partner to Foster Private Sector Growth in Egypt

Kenya’s Doctors and Government Reach Historic Agreement to End Strike

US Job Growth Slows, Unemployment Ticks Up: Federal Reserve Takes a Cautious Stance

Uganda’s Tax Policy Sparks Trade Tensions with Kenya

Kenya and EU Forge Data Protection Partnership

US Fed Confronts Persistent Inflation Concerns

Egypt’s International Reserves Surge to $41.057 Billion in April 2024

US Ambassador Meg Whitman Advocates for Kenya’s Economic Growth

Global Food Prices Rise in April, Concerns Persist for Vulnerable Populations

Nigerian Banks Introduce Cybersecurity Levy on Transactions

Kenya Moves to Eliminate Double Taxation with Belarus, Facilitating Over Ksh70 Billion in Deals

Federal Reserve’s 2% Inflation Target Reiterated Amidst Policy Debate

Chad’s Cotton Farmers Struggle Amidst Climate Challenges and Political Disillusionment

Kenyan Government Vows Support for Flood-Affected Businesses, Calls for Information

US Fed Maintains Rates Amid Inflation Concerns

Nigeria Implements Significant Salary Increase for Civil Servants

Nairobi Stock Exchange Market Cap Surges to KSh 1.8 Trillion in Q1 2024

Central Bank of the UAE Witnesses Historic Surge in Foreign Assets by $55.2bn

Egypt Commits $60 Billion to Green Hydrogen and Ammonia Projects

South Africa Implements Bank Deposit Insurance Scheme for Enhanced Financial Security

WTO Nations Renew Efforts to Reform Dispute Resolution Mechanism

Kenya and Zimbabwe Forge Closer Ties with Bilateral Cooperation Agreements

Kenya Invites Global Investment: President Ruto Engages American Investors

Middle East Tensions Endanger Global Inflation Progress: World Bank

China’s CSCEC Expands Footprint with New Steel Structures Factory in Egypt

Kenya Poised to Surpass Angola in Sub-Saharan Economic Rankings, IMF Forecasts Reveal

Riyadh Prepares to Host World Economic Forum Special Meeting

Egyptian Exporters Seek Two-Year Tax Exemption to Fuel Growth

Kenya Power Accelerates Transition to Electric Mobility with Ksh 258 Million Investment

Global Economic Growth Expected to Slow in 2024, UNCTAD Warns

Naira Sees Decline in Both Official and Unofficial Markets

World Bank Report Reveals Persistent Poverty Amidst Kenya’s Economic Growth

IMF Identifies Urgent Challenges for Low-Income Countries

Africa’s Debt Burden Threatens Economic Potential, Warns ADB President

Machakos County Initiates Promising Avocado, Coffee, and Cotton Ventures

IMF Projects Saudi Arabia to Achieve Second Highest Global Growth Rate in 2025

Egypt Affirms Commitment to Flexible Exchange Rate, Central Bank Deputy Confirms

IMF Revises Kenya’s GDP Growth Forecast Amid External Pressures

IMF Calls for Fiscal Restraint Amidst Surge in Global Elections Image for illustrative purposes only.

World Bank Boosts Efforts to Electrify Africa, Aiming for 250 Million Connected by 2030

KEPSA Collaborates with The World Bank to Launch Carbon Market Guidebook for Kenyan Enterprises

IMF Reports $3.3 Trillion Global Output Loss Since 2020 Amid Lingering Pandemic Scars

Luno Becomes South Africa’s First Licensed Crypto Provider

Kenya’s Stronger Shilling Sparks Economic Optimism for 2024

US Inflation Edges Up

Ethiopia Contemplates Currency Devaluation to Secure IMF Bailout

World Bank Forecasts 5% Growth for Kenya’s Economy Amidst Increased Investments

Italy’s Cabinet Approves Revised Economic Outlook for 2024 Growth

Government Launches Labour Activation Programmes to Combat Unemployment in Gauteng

Central Bank of Kenya Expects Import Rebound Amid Exchange Rate Stability

Central Bank of Kenya Expects Import Rebound Amid Exchange Rate Stability

Global Food Prices Experience First Increase in 7 Months: FAO Data Reveals

Global Food Prices Experience First Increase in 7 Months: FAO Data Reveals

Central Bank of Nigeria Introduces New Minimum Capital Requirements for Banks

Nigeria Central Bank Implements Ban on Foreign Currency Collateral for Naira Loans

Interest Rates on Treasury Bills Drop After Two-Year High

India's Foreign Exchange Reserves Surge to Record High, Marking Sixth Consecutive Week of Growth

India’s Foreign Exchange Reserves Surge to Record High, Marking Sixth Consecutive Week of Growth

Zimbabwe Introduces ZiG: A Gold-Backed Currency for Economic Stability

Zimbabwe Introduces ZiG: A Gold-Backed Currency for Economic Stability

Central Bank of Kenya Expects Import Rebound Amid Exchange Rate Stability

CBK Raises Sh45 Billion from Reopened Bonds

Oman’s Debt Market Contracts to $44 Billion, Fitch Reports

South Africa's Consumer Spending Holds Steady Amid Economic Challenges

South Africa’s Consumer Spending Holds Steady Amid Economic Challenges

World Bank Revises Financing Plan for Kenya, Allocating Sh39 Billion Less Than Expected

World Bank Revises Financing Plan for Kenya, Allocating Sh39 Billion Less Than Expected

Turkish Inflation Edges Up to 68.5%

Nigeria Implements Electricity Tariff Hike to Reduce Subsidies

Nigeria Implements Electricity Tariff Hike to Reduce Subsidies

NSE Receives Boost as Index Provider Lifts Restrictions

NSE Receives Boost as Index Provider Lifts Restrictions

German Inflation Slows to Lowest Level in Nearly Three Years

German Inflation Slows to Lowest Level in Nearly Three Years

Egypt and Ecuador Pave the Way for Oil and Gas Collaboration

Egypt and Ecuador Pave the Way for Oil and Gas Collaboration

Kenya to Allow Private Firms to Import Electricity for Local Resale

Kenya to Allow Private Firms to Import Electricity for Local Resale

OPEC Reports Decline in March Oil Output; Iraq and Nigeria Lead Reduction

OPEC Reports Decline in March Oil Output; Iraq and Nigeria Lead Reduction

IMF Conditions Egypt's Loan Payments on Currency Flexibility

IMF Conditions Egypt’s Loan Payments on Currency Flexibility

CBK Aims for Sh65 Billion through Reopened Bonds to Address Interest Rate Peaks

CBK Aims for Sh65 Billion through Reopened Bonds to Address Interest Rate Peaks

Oman's Financial Sector Embarks on Modernization Journey with IBAN Integration

Oman’s Financial Sector Embarks on Modernization Journey with IBAN Integration

Central Bank of Nigeria Introduces New Minimum Capital Requirements for Banks

Central Bank of Nigeria Introduces New Minimum Capital Requirements for Banks

Kenya's Public Debt Composition Shifts Amid Shilling's Strengthening

Kenya’s Public Debt Composition Shifts Amid Shilling’s Strengthening

India Sets Ambitious $90 Billion Market Borrowing Target for April-September

India Sets Ambitious $90 Billion Market Borrowing Target for April-September

Egypt's Cabinet Approves $135.39 Billion Budget for 2024/2025 Fiscal Year

Egypt’s Cabinet Approves $135.39 Billion Budget for 2024/2025 Fiscal Year

Kenya’s Ressurging Economy Fuels Electricity Demand

Kenya’s Resurging Economy Fuels Electricity Demand

S&P Global Downgrades Outlooks on Five Regional US Banks to 'Negative'

S&P Global Downgrades Outlooks on Five Regional US Banks to ‘Negative’

Nigeria's Central Bank Implements Robust Measures to Tackle Inflation

Nigeria’s Central Bank Implements Robust Measures to Tackle Inflation

Kenya Revenue Authority (KRA) Struggles to Meet Tax Targets

Kenya Revenue Authority (KRA) Struggles to Meet Tax Targets

Japan Remains Open to Address Weak Yen, Finance Minister Asserts

Japan Remains Open to Address Weak Yen, Finance Minister Asserts

Uganda Sees Bamboo Farming Boom for Export Growth

Uganda Sees Bamboo Farming Boom for Export Growth

Kenya's Sugar Imports Decline to 7-Month Low as Local Production Surges

Kenya’s Sugar Imports Decline to 7-Month Low as Local Production Surges

IMF Chief Urges China's Economic Overhaul with Pro-Market Reforms

IMF Chief Urges China’s Economic Overhaul with Pro-Market Reforms

Egypt and Singapore Strengthen Economic Cooperation

Egypt and Singapore Strengthen Economic Cooperation

Kenya Introduces Affordable Housing Levy: Deductions Begin in March

Bank of England Holds Interest Rate Steady Amidst Inflation Concerns

Egypt Implements IMF-Backed Fuel Price Hike to Align with Global Markets

Egypt Implements IMF-Backed Fuel Price Hike to Align with Global Markets

Kenyan Treasury Dedicates Sh560 Billion to Debt Service in Two Months

Kenyan Treasury Dedicates Sh560 Billion to Debt Service in Two Months

Biden Administration Commits $8.5 Billion to Boost Intel's Chip Production Across Four States

Biden Administration Commits $8.5 Billion to Boost Intel’s Chip Production Across Four States

Water Crisis Grips Johannesburg: Residents Endure Unprecedented Shortages

Kenya's Maize Production Surges Amid Above-Average Rainfall

Kenya’s Maize Production Surges Amid Above-Average Rainfall

China’s Industrial Production Surges, but Property Sector Remains a Concern

China’s Industrial Production Surges, but Property Sector Remains a Concern

Egypt Plans Substantial Subsidies in New Budget

Egypt Plans Substantial Subsidies in New Budget

Kenyan MPs Advocate for Government-to-Government Fertilizer Procurement

Kenyan MPs Advocate for Government-to-Government Fertilizer Procurement

Saudi Arabia's Crude Oil Exports Decline

Saudi Arabia’s Crude Oil Exports Decline

Egyptian Cabinet Extends Sugar Export Ban to Tackle Supply Shortages

Egyptian Cabinet Extends Sugar Export Ban to Tackle Supply Shortages

Kenyan Diaspora Records Surge in Remittances, Boosting Economy

Kenyan Diaspora Records Surge in Remittances, Boosting Economy

Fitch Raises 2024 Global GDP Growth Forecast to 2.4%

Fitch Raises 2024 Global GDP Growth Forecast to 2.4%

Arab Stock Exchanges Reach $4.5 Trillion Market Capitalisation Milestone

Arab Stock Exchanges Reach $4.5 Trillion Market Capitalisation Milestone

EPRA Implements Fuel Price Cuts in Response to Stable Exchange Rates

EPRA Implements Fuel Price Cuts in Response to Stable Exchange Rates

IEA Report: Global Oil Demand Surges Amidst Red Sea Shipping Disruptions

IEA Report: Global Oil Demand Surges Amidst Red Sea Shipping Disruptions

Tunisia's Trade Deficit Shrinks by 24.3% in Early 2024

Tunisia’s Trade Deficit Shrinks by 24.3% in Early 2024

Kenyan Treasury Considers Implementing VAT on Milk and Bread

Kenyan Treasury Considers Implementing VAT on Milk and Bread

OPEC and IEA Discuss Oil Security and Demand Outlook

OPEC and IEA Discuss Oil Security and Demand Outlook

South Africa's Financial Regulator Approves 59 Crypto Licenses

South Africa’s Financial Regulator Approves 59 Crypto Licenses

Kenyan Banks Navigate Challenges Amid Grey List Status

Kenyan Banks Navigate Challenges Amid Grey List Status

Biden Reveals $7.3 Trillion Budget Plan: Prioritizing Economic Reform

Biden Reveals $7.3 Trillion Budget Plan: Prioritizing Economic Reform

Morocco to Devote 1 Million Hectares to Green Hydrogen Projects

Kenya's Dairy Imports from Uganda Triple to Sh29 Billion

Kenya’s Dairy Imports from Uganda Triple to Sh29 Billion

IMF Backs Pakistan's Economic Revival Amid Election Disputes

IMF Backs Pakistan’s Economic Revival Amid Election Disputes

IMF Disburses $120 Million to Uganda for Post-Covid Recovery

IMF Disburses $120 Million to Uganda for Post-Covid Recovery

Kenya Utilizes IMF SDR Reserves to Address Economic Pressures

Kenya Utilizes IMF SDR Reserves to Address Economic Pressures

South Korea Introduces 'Corporate Value-up Program' to Boost Stock Markets

South Korea Introduces ‘Corporate Value-up Program’ to Boost Stock Markets

Zambia Reaches Debt Restructuring Consensus with China and India

National Assembly Approves 1.5% Housing Levy on Gross Pay

National Assembly Approves 1.5% Housing Levy on Gross Pay

World Bank Urges Faster Economic Growth in Emerging Economies to Tackle Rising Debt

IMF Urges Morocco to Set Inflation Target

IMF Urges Morocco to Set Inflation Target

Central Bank of Kenya Introduces Targeted Fines for Banking Violations

Central Bank of Kenya Introduces Targeted Fines for Banking Violations

Fresh U.S. Sanctions Threat Disrupts Turkish-Russian Trade

Fresh U.S. Sanctions Threat Disrupts Turkish-Russian Trade

Egyptian Saudi Alliance to Boost Real Estate Development in Saudi Arabia

Kenya Secures $1.5 Billion Eurobond, Enhancing Fiscal Stability

IMF’s Kristalina Georgieva Forecasts Global Interest Rate Decline at WGS 2024

Moody’s Downgrades Niger’s Ratings to Caa3, Maintains Stable Outlook

FILE PHOTO: Workers walk towards the construction site of the Lusail stadium which will be build for the upcoming 2022 Fifa soccer World Cup during a stadium tour in Doha, Qatar, December 20, 2019. REUTERS/Kai Pfaffenbach/File Photo

Kenya Targets Sh1 Trillion in Annual Diaspora Remittances

WGS Dubai Unveils: Global Economic Toll of Disputes and Violence

IMF Nears Final Review of Egypt’s $3 Billion Loan Program, Hints at Substantial Increase

Kenyan Dollar Bank Deposits Surge to Record High Amid Shilling’s Weakness

IMF Urges the Middle East and North African Region to Phase Out Energy Subsidies, Unlocking $336 Billion in Savings

Nigeria’s Naira Hits Record Low Amid Currency Volatility

EPRA Enacts 9% Reduction in Electricity Prices, Easing Burden for Kenyan Consumers

China’s Central Bank Charts Course Amid Economic Headwinds

Zimbabwe Moves to Stabilize Currency Amid Economic Downturn

World Bank Commits Sh240 Billion to Bolster Kenya’s Economic Stability

U.S. Trade Deficit Sees Minor Surge, Despite Strong Performance in 2023

Egypt Raises Minimum Wage by 50% Amid Economic Reforms

Kenya and South Africa Forge Trade Agreement for Tea Exports

South Africa Set to Raise National Minimum Wage

International Investors Trim Exposure to Chinese Equities

Affordable Housing Levy Collections Reach KSh 26.8 Billion Amid Legal Challenges

Mortgage Rates Exceed 7% Amid Economic Momentum

Nigeria’s Currency Reform Faces Hurdles Amidst Investor Skepticism

India’s Booming Stock Market Attracts Billions Despite Risks

Kenyan Firms Bolster Dollar Reserves, Holding 70% of Forex Deposits

FAO Reports Decline in World Food Prices in January

Morocco Introduces Wheat Storage Subsidies to Combat Drought Impact

President Ruto Sets New Eurobond Buyback Date as June Maturity Nears

Bank of England Keeps Rates Steady Amidst Inflation Concerns

Mastercard Strengthens Efforts to Combat Youth Unemployment in South Africa

Horticulture Export Earnings Show Steady Growth

IMF Projects 3.1% Global Growth for 2024 Amidst Economic Resilience

AfDB Urges Kenya and Tanzania to Hasten Electricity Agreements for Regional Integration

Kenya Loses $200 Million Amidst Oil Dispute with Uganda

IMF Upgrades Asia’s Growth Forecast, Cautions on China’s Economic Risk

DRC and China Sign $7 Billion Infrastructure Deal for Mining Ventures

Morocco Embarks on $1 Billion Annual Investment in Solar Energy

Kenya Faces Impending Debt Crisis Amidst Economic Challenges, IPF Report Showcases

Global Stocks Rise Modestly, Dollar Slips on US Inflation Data

S&P Highlights Risk to Israel’s Credit Rating Amid Conflict Concerns

Court Of Appeal Halts Housing Levy Collection, President Ruto Vows to Press On

Egypt and Hong Kong Forge Economic Alliance: Tax Agreement and Local Currency Bonds in the Pipeline

Loan Defaults Surge to Record High of Sh634 Billion

Turkey’s Central Bank Concludes Interest Rate Hike Cycle at 45%

South African Central Bank Maintains Key Rate Amid Inflation Dip

Kenyan Exports to Uganda Surpass Sh100 Billion Mark Driven by Weakening Shilling

ACCA Report: 58% of SMEs Face Uphill Battle Against Rising Costs and Workforce Struggles Amid Global Economic Shifts

Nigeria’s Central Bank Unveils Comprehensive Strategy to Tackle Escalating Inflation: Targets 21.4% Inflation

Surge in Dollar Loan Defaults Highlights Forex Scarcity Woes

China Takes Decisive Steps to Restore Market Confidence Amid Economic Challenges

Nigeria’s Mobile Money Lagging Behind Kenya and Ghana; S&P Reports

Biden Administration Unveils $4.9 Billion Student Loan Forgiveness Initiative

IMF Engages Egypt in Crucial Talks Over $3 Billion Loan Program

Kenya Terminates G2G Oil Deal Amidst Forex Market Concerns

Ethiopia Facilitates Foreign Investment Ahead of Capital Markets Launch

Report Exposes Global Workers’ $1.5 Trillion Loss to Inflation in Two Years

Kenya Strategically Addresses Financial Struggles, Eyes International Bond Market Amidst Eurobond Pressures

Kenyan Cabinet Advances Key Reforms To Enhance Financial Resilience

U.S. Secretary of State Antony Blinken Unveils Vision for Global Food Security at Davos

Kenya and Tanzania Strengthen Diplomatic Ties to Enhance East African Integration

Kenyan Shilling Hits Historic Low, Breaches Sh160 Against Dollar

Congress Strikes Historic $78 Billion Tax Deal: Boost for Families and Businesses

Shell to Sell Nigerian Onshore Subsidiary SPDC for $2.4 Billion

SEC Approval Paves the Way for NASD to Introduce Digital Securities Platform in Nigeria

Global Economic Landscape Faces Headwinds in 2024 Elections, Warns IMF Chief

AfDB Reorients Funding Focus for Kenyan Infrastructure: Prioritizing Transport and Water Sectors

Suez Canal Grapples with 40% Revenue Plunge Amidst Shipping Giants’ Exodus

Equity Bank Introduces ‘Boostika’ – Pioneering a Competitive 8.5% Overdraft Facility to Customers

US Congress Strikes Crucial Deal to Sustain Government Operations Amid Looming Shutdown

Saudi Arabia’s Mineral Reserves Skyrocket to $2.5 Trillion Following a Revision from $1.3 Trillion

Economists Warn of Egyptian Pound Devaluation Amid IMF Loan Expansion

Kenya Revenue Authority Provides Respite for Farmers and Small Businesses through eTims Exemptions

World Bank Issues Caution as Global Economy Faces Prolonged Slowdown

World Bank Report Reveals Nuances in Sub-Saharan Africa’s Economic Growth

Investors Brace for Impact as January Treasury Bond Rates Projected to Exceed 18%

Kenya’s Treasury Adjusts Borrowing Target Amid Revenue Challenges

Nigeria’s Central Bank Addresses Forex Challenges, Allocates $2 Billion to Clear Backlog

India Projects 7.3% Economic Growth for 2023/24

Kenya Interbank Lending Rate Surges to 5-Month High

Old man holding wooden crate filled with fresh vegetables - tomatoes, carrots, garlic and potatoes.

Food and Agriculture Organization of The UN Reports 13.7% Drop in Global Food Prices

Somalia President Mohamud Nullifies Controversial Ethiopia-Somaliland Port Agreement

Ethiopia Faces Economic Headwinds as Fitch Downgrades Credit Rating Amid Eurobond Payment Default

U.S. Banks Face Prolonged Profit Squeeze Despite Expected Fed Rate Cuts, Warns S&P

Kenyan Government Eyes Banking Sector Strengthening with Core Capital Reassessment

Malawi Implements Short-Term Ban on Unmilled Maize Imports from Kenya and Tanzania Due to Disease Threat

UK Economy on the Precipice as Recession Looms Amidst Dwindling Growth

ADDIS ABABA, ETHIOPIA - JUNE 13: Ethiopian Prime Minister Abiy Ahmed attends the inauguration of the newly remodeled Meskel Square on June 13, 2021 in Addis Ababa, Ethiopia. Prime Minister Abiy Ahmed is seeking reelection in the upcoming national and regional parliamentary elections, which could lead to the country's first democratic transfer of power, after the original date of August 2020 was postponed amid the Covid-19 pandemic. (Photo by Jemal Countess/Getty Images)

Ethiopia Defaults on $33 Million Eurobond Payment Amidst Economic Turmoil

Challenges Mount as Kenyans Grapple with Repayment: Hustler Fund Records Defaults Worth Sh9.9 Billion

Turkey’s Central Bank Initiates Aggressive Rate Hike to 42.5% to Tackle Soaring Inflation

Angola’s OPEC Exit Sends Ripples Through Global Oil Dynamics

Kenyan Savings and Credit Co-operative Societies (Saccos) Hit Historic Sh1 Trillion Mark in Deposits Amidst Economic Challenges

U.S. 30-Year Mortgage Rates Hit a Six-Month Low at 6.83% as Federal Reserve Signals Policy Shift

Ghana’s Cocoa Crisis: Illegal Mining Erodes Economy and Environment

Kenya’s National Treasury Adjusts Domestic Borrowing Target to Address Fiscal Challenges

India Leads Global Remittances with $125 Billion Inward Flow in 2023

TotalEnergies Announces $6 Billion Investment in Nigeria’s Energy Sector

Investor Appetite Surges as One-Year T-Bill Rates Hit 16% in Response to Central Bank’s Bold Move

China’s PBOC Adopts Measures to Address Year-End Liquidity Demand and Economic Challenges

HSBC Warns of Impending Egyptian Pound Devaluation Against the US Dollar, Raising Economic Concerns

Bank of England Maintains 15-Year High Interest Rate Amidst Lingering Inflation Concerns

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Ethiopia Faces Economic Turmoil: Fitch Downgrades Credit Rating to “C” After Missed Bond Payment

World Bank Injects Sh23 Billion to Ignite Kenyan MSME Revolution

Kenyan Banks See Sharp Rise in Dollar Deposits Amid Shilling Devaluation

Federal Reserve Holds Firm on Rates, Fed Forecasts Expected Reduction in Borrowing Costs in 2024

Egypt’s Economic Overhaul: Morgan Stanley Advocates Phased Devaluation Post-Election

Kenya Considers Energy Load-Shedding to Tackle National Blackouts

AfDB’s $1 Billion Insurance Facility Aims to Shield African Farmers from Climate Risks at COP28

UNCTAD Projects 5% Contraction in Global Trade for 2023, Cites Multiple Challenges

Kenya’s Economic Concerns Grow: FDI Slump and Weakening Shilling Raise Alarms

Argentina’s New President Javier Milei Charts Economic Reforms Amidst Crisis

Nigeria’s Dangote Refinery Takes Crucial Step Towards Operation

Kenyan Council of Governors’ Strategic Initiative: Propelling MSMEs for Sustainable Economic Growth

US Mortgage Rates Hit 4-Month Low, Offering Breathing Room for Homebuyers

ECOWAS Court Denies Niger’s Appeal for Sanctions Relief Following Unconstitutional Coup

Kenya Central Bank Implements Strategic Interest Rate Hike to Counter Shilling Depreciation

ADP Reports Slower Private Payroll Growth at the US Labor Market Below Expectations

Mali and Niger Terminate Tax Cooperation Treaties with France Amid Diplomatic Tensions

Kenyan High Court Temporarily Halts Sale of Strategic State Firms Amid Opposition’s Constitutional Challenge

India Poised for Remarkable Economic Growth, Set to Secure Third-Largest Global Economy Position by 2030, S&P Global Ratings Forecasts

Rice Prices Surge in Nigeria Due to Supply Shortage, Posing Challenges for Businesses and Consumers

Kenya’s $2 Billion Eurobond Faces Volatility Close to Maturity

Moody’s Warns of 2024 Challenges for Global Banks Amid Economic Headwinds

Former Minister Fashola Highlights Nigeria’s Forex Strain Tied to Lack of Oil Refinery Infrastructure

Kenya Mortgage Refinance Company (KMRC) Propels Homeownership for Informal Sector Workers with Innovative Risk Sharing Facility

U.S. Takes Decisive Action at COP 28 to Address Methane Emissions in Oil and Gas Sector

Angola Welcomes Masdar’s 150-Megawatt Solar Initiative, Illuminating 90,000 Homes with Sustainable Energy

China Faces Record Defaults Amid Economic Downturn: Growing Challenges to Recovery

Kenyan Firms Face Global Index Freeze By Morgan Stanley Amidst Dollar Shortages

Sri Lanka Secures Crucial Debt Restructuring Deal, Paving the Way for Economic Stability

South African Reserve Bank in Deliberations with National Treasury on Utilizing Contingency Reserves

Kenyan Court Invalidates President Ruto’s Housing Levy

IMF, World Bank, and BIS Collaborate on Historic ‘Tokenisation’ Initiative

Mozambique Unveils $80 Billion Blueprint for Sustainable Energy Transition

Mozambique Unveils $80 Billion Blueprint for Sustainable Energy Transition

Russia’s Central Bank Unveils Strategic Move to Boost Rouble in Forex Resumption

Somalia Officially Joins East African Community, Marking Milestone in Regional Trade

Kenya-Japan Trade Boosts Kenya Revenue Authority (KRA) with Significant Sh18.7 Billion in Revenue

IMF Chief Advises Fiscal Prudence for Italy, France, and Spain Amid Economic Concerns

Tanzania’s FDI Surges to $1.05 Billion in Q3 2023

World Bank Report Reveals Crime’s Devastating Toll on South Africa’s Economy

Turkey’s Central Bank Stuns Markets with Aggressive 500 Basis Points Interest Rate Hike to 40%

Kenya’s President Ruto Unveils Pragmatic Privatization Plan for State Enterprises

Kenya Shilling Shows Signs of Stability Following CBK Intervention

Biden-Xi Summit Shapes U.S.-China Economic Relations

Nigeria and Germany Sign $500 Million Pact for Energy Collaboration

Proposed Levy Hike Signals Increased Fuel and Electricity Costs for Kenyans

Germany Implements Spending Freeze Post Constitutional Court Ruling

G20 Compact with Africa Summit Highlights Urgency for Increased Investment

World Bank Commits $12 Billion Support to Kenya Over Next Three Years Amid Economic Struggles

Spain Adapts Mortgage Relief in Face of Economic Strain

Heifer International and Mastercard Foundation Launch SAYE Project to Empower 250,000 Ugandan Youth in Agriculture

President Ruto Unveils Plan to Generate 3,000-5,000 Jobs Weekly for Kenyan Workers Abroad

UK’s Finance Minister’s Stance: No Tax Cuts that Trigger Inflation

Germany Boosts Southern Africa’s Renewable Energy Transition

IMF Commits $938 Million to Aid Kenya’s Economic Recovery Amid Challenges

Global LNG Trade Records Surge: IEF Report Predicts 25% Growth in 5 Years

Nigeria’s Naira Hits Historic Low Against the Dollar, Raising Concerns Over Economic Stability

Nairobi Gate Industrial Park Launches East Africa’s First Special Economic Zone

IMF Chief Urges Global Collaboration in Central Bank Digital Currency Development

Strengthening Economic Ties: Egypt and India Explore Local Currency Settlements

Kenya’s Horticulture Sector Thrives: Q3 Sees a 40% Surge in Export Earnings

Global Sugar Shortfall Expands to 2.4 Million Tons, Defying Projections

KPMG Forecasts Nigeria’s Inflation to Hit 30% by Year-End

Kenya Sees 19.4% Revenue Surge in October Thanks to IMF Backed Tax Measures

Moody’s Downgrades US Credit Outlook to ‘Negative’ Citing Rising Debt Costs and Political Fractures

Malawi Implements Measures in Wake of Currency Devaluation

Kenya to Pay Back $300 Million of $2 Billion Bond in December – Ruto Assures Nation

UK Petrol Prices Lag Behind Falling Wholesale Costs, Prompting Concerns

Nigeria Grapples with Crude Oil Theft: A $46 Billion Loss over 11 Years

Kenya’s National Treasury Set To Confront Liquidity Challenge, Treasury CS Prof. Njuguna Ndung’u Affrims

Kenya and Czech Republic Strengthen Trade and Investment Ties

South Africa’s Net Foreign Reserves Surge to $55.51 Billion in October

Drought in Ethiopia Cuts Kenya’s Electricity Imports in Half, Affecting Energy Costs

World Governments Summit Organization Launches “Net Zero: The Countdown Has Begun” Report

Rwanda Paves the Way for Visa-Free Travel Across Africa

Kenya Contemplates 20% Stake Buy-Back in Turkana Oil Project

South Africa Accelerates 3GW Gas Projects to Tackle Energy Shortages

United States Commits to Advancing African Integration, Supporting Agoa and AfCFTA

Nigeria Approves $2.8 Billion Supplementary Budget

Israel-Hamas Conflict Raises Concerns of Oil Price Surge, Warns World Bank

Kenya Plans Visa-Free Travel for African Citizens to Enhance Intercontinental Trade, Announces President Ruto

CBK Stress Test Reveals High Risk Among Kenyan Banks

U.S. GDP Grows by 4.9% in Q3, Exceeding Expectations

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